Interested parties have questions at every level in the development of a new product. The following represents some of those most commonly asked of Nexyst 360 at this current stage.
How was the name Nexyst 360 chosen?
Nexyst is a derivative of the word Nexus which means a connection or series of connections linking two or more things or the center of these links. 360 describes the product’s most differentiating feature— mobility—or the ability to move the highest quality products/services for the lowest costs with no geographical limit. In other words, the global circle ability of the NexBox.
What is the Nexyst 360 business model?
It provides for the mobile storage, distribution and preservation of products offering the highest quality of products/services with a drastic reduction in infrastructure and operational costs. It also increases the market access from a local market place to a global market place. The business model focus is to increase revenue through direct market access, and decrease infrastructure and operational costs.
One of the key goals in any market is to create a repetitive and predictable turn of assets for the most efficienct operation. Nexyst 360 can do this because almost all assets are mobile. We can ship and then sell, as opposed to today’s infrastructure that mainly requires selling first and then shipping. This "sell then ship" process creates higher freight and operational costs, along with more infrastructure costs needed to accommodate the system. The Nexyst 360 system can always accommodate shipping bulk product one way, and then shipping either bulk or palleted product on the return trip (no matter when final product is sold), thereby creating the highest revenue and with the lowest cost in the industry.
What are the dimensions of a NexBox?
The NexBox will have similar dimensions to a standard ISO container/box except for the height. L – 40’; W – 8’; H – 6’4” (High Cube) & 5’8” (Low Cube).
- How were these dimensions determined?
Several factors were considered including the most effective utilization of cubic space (no matter which product is shipped), weight of products and efficiency in shipping.
- How many bushels fit in a NexBox?
The inside cubic feet measurement is estimated at 1,580 ft, which would equal capacity for 1,200 to 1,270 bushels.
- How many pallets fit in a NexBox?
Considering the average size of pallets or slip sheets, 20 pallets or slip sheets will fit in each NexBox. The NexBox also accommodates almost all standard height requirements of palleted product.
- What is the weight capacity of a NexBox?
The NexBox is being engineered for a maximum weight capacity of 75,000 #s and net payload capacity of 67,200 #s. This will allow for one NexBox to be shipped via road (with current road weight exemptions for agriculture) and three NexBoxes to be stored on a rail car and still be just under the load capacity of each rail car.
- What is the tare weight of a NexBox?
With current engineering, the tare weight will be 7,800 #s.
- What material is used for construction of the NexBox?
It is standard steel container/box material with an option for a steel frame combined with composite encasement.
How many NexBoxes can be loaded on a rail car?
This is one of our key value propositions. Today, only 2 standard containers can be stacked on each well car with their higher heights. With the NexBox height, we can stack 3 per rail car allowing for 50% more palleted product to be shipped per rail car.
Are there any patents?
Yes, Nexyst 360 has two current provisional patents or "patent pending." One is on the NexProcess or method; the other is on the NexBox. These are the main two, but we are currently developing more minor patents for an even more efficient operation and value for Nexyst 360.
Will the NexBox have location tracking and historical information available?
Yes. Another unique value proposition of Nexyst 360 is the NexTrace or the ability to track each NexBox back to its field of production. Nexyst will be able to tell you the hybrid planted, date planted, crop nutrients applied, crop protection applied and many other data points. Nexyst will also have the full history of each NexBox with its where and when—from the day it came off the assembly line to its current location, including each cleaning cycle between product shipments.
Will I own or lease the NexBox?
You will have the option to own or just lease the NexBox through Nexyst 360. In either case, if there is a year you will need less or more NexBoxes, the mobility of our NexProcess enables us to easily accommodate your needs. If you have a bumper crop and someone else has a weather-related event that negatively impacted their crop, we will have a secondary market where the NexBox can be used that year. This is another mobility benefit today’s current infrastructure cannot offer.
When will a model of the NexBox be completed?
We have initial engineering completed and anticipate final engineering to be completed by March 31st, 2018, with manufacturing during Summer of 2018 and testing of the models in the Fall of 2018.
When is the anticipated operational start date?
After testing in the Fall of 2018, we will make final modifications in December 2018, and begin mass NexBox production in February 2019, along with ancillary construction needs. The official target for operational start date is September 1st, 2019.
What was the founder’s motivation for developing Nexyst 360? What’s the story?
The founders of Nexyst 360 have a deep passion, commitment and dedicated work ethic for their path in life—agriculture. It is their personal mission to discover how to better provide food, feed, fuel and fiber to our growing global population.
Involved in ag production for years, they realized crops were being handled no less than 39 times on their way from field to family. Excessive, they thought. What’s more, they recognized the traditional farm production business model was increasing shrinkage, diminishing product quality , and amplifying risk for those directly handling farm products.
Their solution was a distribution system developed around a single temperature-controlled, climate-controlled storage box with a single piece of equipment to load and unload that box. The potential result? The quality of the food product would be preserved and shelf life extended. What’s more, the box would be easy to monitor from harvest to final use of the product. This box solution is the basis of Nexyst 360.