Solving Problems Through New Product Development and Product Design for Mogo

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 Mogo

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 Mogo?

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 Mogo often draws on several of our specialised service areas. Depending on your project's scope, you may also be interested in:

COLETEK: Your Trusted Partner in Mogo, New South Wales, Australia and Beyond

With over two decades of experience, COLETEK has established itself as a renowned multidisciplinary Australian engineering and product development company. As we celebrate our rich history, we remain committed to serving businesses across Mogo, New South Wales, Australia, and ultimately contributing to the nation's economic growth. Our team is dedicated to staying ahead of the curve by continuously innovating and expanding our capabilities. This unwavering dedication has earned us a trusted reputation nationwide, allowing local businesses in Mogo, New South Wales, Australia to rely on our expertise. From concept development to project execution, we draw upon our deep understanding of engineering principles and product design to deliver results that exceed expectations. COLETEK is dedicated to empowering the business community in Mogo, New South Wales, Australia by fostering long-term collaborations and ensuring the reliability and quality of our work. Over the years, we have proudly worked with companies from various industries, helping them overcome unique challenges and achieve their objectives. Our collaborative approach and commitment to capability-building allow us to provide tailored solutions that cater to the distinct needs of each client. By leveraging the collective expertise of our diverse team, we can effectively address complex engineering and product development challenges in Mogo, New South Wales, Australia, and beyond. As you navigate the ever-evolving landscape of engineering and product development, COLETEK stands ready to offer unwavering support and guidance. With our strong roots in Mogo, New South Wales, Australia, we remain committed to serving local businesses, just as we do for companies throughout Australia.

Let’s build something remarkable together.

Contact Us

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


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

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.

We have used COLETEK on a couple of occasions and found their service to be professional and on time. We specialise in engineering and design of height safety equipment and since a lot of parts are made by casting from stainless steel we require a quick model before we proceed with the tool manufacture. COLETEK has been able to provide this quickly saving us valuable time and giving us peace of mind knowing our parts will look right when casted from stainless steel.

Intuitive, innovative & efficient are three words that would appropriately describe the COLETEK service. Luke and the team at COLETEK have taken our concepts to the next level.

As the proprietor a DIY environmentally pest control products business I have been more then impressed with COLETEK's design capability and professionalism in assisting to realise an idea into reality. From concept, CAD drawings, 3D modelling, alterations right through to the finished product. I am extremely happy with our new termite control product. I have no hesitation in recommending COLETEK's services.

COLETEK have provided one to one communication throughout the development process and gone above and beyond in bringing our ideas closer to becoming a reality! Luke's expertise and knowledge with computer software and electronics is Jedi like, but what I liked most about working with him was his willingness and ability to think outside of the box.

I was grateful to find Luke Cole at COLETEK in the early days of an invention idea. He was very patient and generous with information to guide me along the way. And even though I did not preceed with my project, I would still recommend his services. Thank you.