The number seem very marginal at best, but it is not necessarily the same level of scientific dodgyness the uBeam, Batteriser and the Triton. If they can get the pump and the HV drive electronics right, it would be a very simple device that could be made cheaply.
Richard
They may actually develop something useful (perhaps a cooler for microchips or other applications)... but I am weary of their "shot in the dark" marginal-use approach for the Airing sleep-apnea device. When they decided to make this device, it was on the same level as other "Star Trek" campaigns.... a big leap of faith as to whether they could develop a better microblower, a better battery pack, a better everything, all of which was orders of magnitude better than what exists today.
Not to mention, Marsh himself admitted on the short-comings of their crowd-sourced funding, saying they needed at least 2-3x more money to bring this product to backers (another $7-8 million or more... see previous posts in this thread).
My gut feeling is telling me that this is all a scheme to bring in venture-capitalist rounds of funding down the road... once something more tangible gets made, he can get support or grab a few more patents and sell it off.
He crowd-sourced to get the initial funds to start development, promising a product that would take 2-3x more money to actually deliver to backers (which he has already admitted), with absolutely no prototype of the core unit that is supposed to make it all work.
I highly doubt he would have had the same support if his campaign was "Donate now to start lab development on some new mechanism for a type of micro blower that could possibly be used for sleep apnea devices". No... his campaign was promising to deliver Airings, at very cheap cost, by the thousands, disposable, battery powered, no wires or tubes attached, prescription approved. That's a huge stretch from trying to figure out if some "conceptual" type of micro-blower (electrostatic piezo or whatever) is even able to function and with what efficiency.
I commend Marsh for doing this type of research... don't get me wrong. It's awesome, but I'm not so sure the crowd-funding was the best way to do it. I know crowd-funding has risks and people are supposed to know they are not buying anything, but you try explaining that to the people who funded Airing when they are left wondering what, if anything they are going to get a few years down the road (except a voucher for Airings when they ever become available).
Marsh should have done what he did initially when he was involved in his other failed ventures... with Integrated Fuel Cell Technologies, Inc, Echelon Ventures, L.P., and Encite, LLC. He should have pitched this "Airing"idea to venture capitalists and set up timelines to get to certain milestones and deliver. Having a legal framework, obligations and responsibilities, real risk on Marsh.... and all parties involved that understand the risk and are invested in the project and also stand to gain tremendous payback.
Perhaps he lost credibility in raising venture capital, and decided to go to crowd-funding as an easy way to raise money with no real responsibility, and with investing parties that are unlikely to sue and also unable to really truly comprehend the real risk of what they are doing, and no legally binding contract.
For those of you not familiar, read this:
http://www.potteranderson.com/delawarecase-185.htmlCrowd-funding is way way easier, and that is the reason why so many people get taken advantage of and why people who have shoddy or dubious histories can get away with it.