Solving Problems Through New Product Development and Product Design for Wivenhoe

Great products solve real problems. That’s why every product journey should start with a deep understanding of the problem and its context. Whether the solution is straightforward or technically uncertain, we’re here to help navigate the path from concept to reality.

Some ideas have clear engineering paths. Others involve unknowns, trials, and experiments. Both are valid, but require different expectations around time, cost, and risk. Our team specializes in identifying the right approach early — whether that’s rapid prototyping, simulation, or scientific investigation — and adapting as we go.

Whether you’re seeking help with product design, industrial design, electronics, or embedded systems, our team can support you through all phases of development — from concept sketches and mood boards to working prototypes and full production.

Our Process

Every project is different, but most follow these core phases:

  1. Project Review: Define the product goals, target users, and key functions. We collaborate closely to understand your vision and refine any early concepts.
  2. Planning: Outline possible technical paths, draft a rough BOM, estimate unit costs, and propose a high-level plan. We keep planning lean so your idea can evolve.
  3. Design: Turn ideas into computer-aided designs (CAD) with a focus on cost-effective prototyping, product aesthetics, and functionality. We often support this with mood boards, industrial design refinement, and rapid iteration using modern 3D CAD tools.
  4. Prototyping: Build physical or digital prototypes for testing and feedback. We often recommend multiple iterations to ensure your product is ready for market or investors.
  5. Production: Transition from prototype to manufacture-ready design. We assist with DFM reports, supplier quotes, and production planning.
  6. Promotion: Optionally, we can help you prepare promotional materials such as logos, renders, brochures, and videos.

In some cases, we may suggest an early feasibility study or proof-of-concept (PoC) build before formal development starts. This helps reduce technical and financial risk.

Funding Your New Product Development and Product Design for Wivenhoe

Development costs are typically one-off investments. They shift your breakeven point but don’t directly affect long-term profit. Focus instead on reducing unit (marginal) costs and ensuring your product has real demand.

If self-funding isn’t an option, here are some alternatives:

Government Grants

Equity Investment

Some founders self-fund an early prototype, then pitch to an industry-aligned investor for further support. This can lead to reimbursement of early costs, mentorship, and shared equity arrangements.

Other Sources

Why Choose COLETEK for New Product Development and Product Design for Wivenhoe?

Our core team includes robotics engineers and PhD scientists with decades of combined experience. This lets us bridge disciplines and solve hard problems quickly — saving you time and cost versus siloed firms.

We work lean, embrace agility, and treat each project as a partnership. Whether you’re building a proof-of-concept (PoC), a commercial minimal viable product (MVP) or validating a high-risk idea, we tailor the process to suit your goals, budget, and stage.

We also offer a private client dashboard to keep your project organised, with timelines, file sharing, and chat in one place. It’s like your own project cockpit, purpose-built for hardware and product teams.

Tools, Capabilities & Examples

We bring together electronics, software, industrial design, and mechanical engineering under one roof. Our private dashboard ensures clear communication throughout your journey, while our capabilities and portfolio showcase our technical depth and product range.

Our Engagement Model

Next Steps

Ready to begin? Contact us with your concept or goals, and we’ll guide you through the review phase to identify the right development approach for your idea.

Explore Related Services

New Product Development and Product Design for Wivenhoe often draws on several of our specialised service areas. Depending on your project's scope, you may also be interested in:

Succeed with COLETEK in Wivenhoe, Tasmania, Australia: Expert Engineering and Product Development for Local Businesses

As a business owner in Wivenhoe, Tasmania, Australia, you understand how crucial it is to partner with a trusted and innovative engineering company. That's where COLETEK comes in – a multidisciplinary Australian engineering and product development company established in 2001, committed to reliability, collaboration, and capability. Our national reputation for delivering exceptional results has earned us a strong presence across the country, including our dedicated support for businesses in your area. Operating throughout Wivenhoe, Tasmania, Australia, we pride ourselves on being more than just an engineering firm – we're problem solvers, innovators, and business enablers. Our extensive experience in product development allows us to quickly grasp the unique challenges facing industries in your region, such as [insert relevant industry/area of expertise]. We're well-equipped to tackle complex projects and help you stay ahead of the competition. COLETEK is deeply committed to being a trusted ally for businesses of all sizes across Wivenhoe, Tasmania, Australia. As your partner, we'll work closely with you to understand your vision, goals, and challenges. Our collaborative approach fosters an environment where ideas are valued, and innovation thrives. With our expertise in engineering and product development, we'll support your growth by providing tailored solutions that drive real results. Whether you're introducing a new product, scaling operations, or exploring opportunities for expansion, our team is dedicated to being a reliable extension of your business – based in Wivenhoe, Tasmania, Australia, yet operating throughout the country. By choosing COLETEK as your partner, you'll enjoy access to our wealth of expertise, cutting-edge technologies, and a deep understanding of the local market. As you look to succeed in Wivenhoe, Tasmania, Australia's dynamic business landscape, remember that having the right engineering and product development partners can be a game-changer. We believe in the importance of building meaningful relationships with clients, which is why we're dedicated to delivering outstanding results – on time, within budget, and exceeding your expectations. When you're ready to take your business to the next level, consider partnering with COLETEK, operating throughout Wivenhoe, Tasmania, Australia. Our commitment to excellence, innovation, and collaboration will support your growth and success.

Let’s build something remarkable together.

Contact Us

New Product Development and Product Design for Wivenhoe – Our Clients: Big Brands & Small Businesses


New Product Development and Product Design for Wivenhoe – Amazing Customer Testimonials

Luke from COLETEK provided server setup and consultation for our media production Business. They were prompt, professional, and helpful, and gave us some good ideas and options when it came to a custom and cost effective solution. They have been prompt and responsive since initial setup, offering advice as needed and supporting additional requests. Highly recommended!

Luke from COLETEK provided server setup and consultation for our media production Business. They were prompt, professional, and helpful, and gave us some good ideas and options when it came to a custom and cost effective solution. They have been prompt and responsive since initial setup, offering advice as needed and supporting additional requests. Highly recommended!

I have outsourced many projects through COLETEK over the years for a variety of applications. Applications such as a online based software platform that pulls live data feeds and updates in real-time to the user. A custom built website for adding users and products that achieved over 20,000 listings. Mobile applications. Data recovery and hardware repair. Custom SEO services and secure hosting services. I choose COLETEK because I know that a job will get done as requested and within a reasonable time frame. Also I'm a stickler for security and they're the best.

I was very impressed with the prompt service I received from COLETEK IT. I submitted a request for assistance on Thursday when my Windows PC failed to boot. I dropped the computer off Friday. Saturday - I was notified that analysis was complete and that a reinstall of Windows was required. Sunday - I was notified that Windows had been reinstalled and all my data had been copied back. Monday - I picked up my recovered machine from COLETEK. Four days from initial contact to having my system back would be great service in anyone's book. I have no hesitation in recommending COLETEK IT.

We experienced some issues with our Linux server. I contacted Luke and explained my concerns, Luke come to our office (after hours) to run some tests and when advised me that some programming was required and that the hard drives were overdue for replacements. Luke suggested I drop the server of at his office on Friday late afternoon so he could do the fix on the weekend and he would come to our office on Sunday afternoon to install the updated server. I gladly accpeted such a great offer. Everything went exactly to plan even though we had to deal with really bad storms and some power outages on that weekend. Job well done.

I have outsourced many projects through COLETEK over the years for a variety of applications. Applications such as a online based software platform that pulls live data feeds and updates in real-time to the user. A custom built website for adding users and products that achieved over 20,000 listings. Mobile applications. Data recovery and hardware repair. Custom SEO services and secure hosting services. I choose COLETEK because I know that a job will get done as requested and within a reasonable time frame. Also I'm a stickler for security and they're the best.

We experienced some issues with our Linux server. I contacted Luke and explained my concerns, Luke come to our office (after hours) to run some tests and when advised me that some programming was required and that the hard drives were overdue for replacements. Luke suggested I drop the server of at his office on Friday late afternoon so he could do the fix on the weekend and he would come to our office on Sunday afternoon to install the updated server. I gladly accpeted such a great offer. Everything went exactly to plan even though we had to deal with really bad storms and some power outages on that weekend. Job well done.

We recently engaged the services of COLETEK to perform some penetration testing on our systems. We found Luke flexible and accommodating with our specific needs. Luke provide what we needed to show our clients our security measures with our systems. I would have no hesitation in recommending Luke.

We recently engaged the services of COLETEK to perform some penetration testing on our systems. We found Luke flexible and accommodating with our specific needs. Luke provide what we needed to show our clients our security measures with our systems. I would have no hesitation in recommending Luke.

I was very impressed with the prompt service I received from COLETEK IT. I submitted a request for assistance on Thursday when my Windows PC failed to boot. I dropped the computer off Friday. Saturday - I was notified that analysis was complete and that a reinstall of Windows was required. Sunday - I was notified that Windows had been reinstalled and all my data had been copied back. Monday - I picked up my recovered machine from COLETEK. Four days from initial contact to having my system back would be great service in anyone's book. I have no hesitation in recommending COLETEK IT.

We've worked with Luke and the team on and off for the past two years. We've found them very accessible and extremely thorough in their dealings. Their documentation is second to none and we’d have no hesitation recommending them on this basis alone.

We've worked with Luke and the team on and off for the past two years. We've found them very accessible and extremely thorough in their dealings. Their documentation is second to none and we’d have no hesitation recommending them on this basis alone.

I have been working closely with COLETEK for the past 6 years now, and I must say, it is a success story :-). I highly respect their team, they are a pleasure to work with and top skilled professionals. In addition to their top Technical service, their customer service is brilliant and it is a rare find. Their PCB repair rework skills are top notch and a rare find in this industry. I have been working in the IT industry for the past 20 years in various fields and seen it all so I can say with certainty that they are the best around and I am looking forward to keep working with them in the future.

I have been working closely with COLETEK for the past 6 years now, and I must say, it is a success story :-). I highly respect their team, they are a pleasure to work with and top skilled professionals. In addition to their top Technical service, their customer service is brilliant and it is a rare find. Their PCB repair rework skills are top notch and a rare find in this industry. I have been working in the IT industry for the past 20 years in various fields and seen it all so I can say with certainty that they are the best around and I am looking forward to keep working with them in the future.