SUBFRACTAL · JV PROPOSAL · APRIL 2026
Working name · vehicle to be co-named on signature
Subfractal.
A joint venture between HYPRCORP and Assured.
HYPRCORP — Forward Deployed Engineering · Expert Systems Consulting · Organisational Transformation · Pastoral Care
SUBFRACTAL · 02
Where we are
Phase 1 demo landed last week.
17 Apr
Initial proposal — expert system for tunnel reporting.
23 Apr
Phase 1 demo shipped — RIC March 2026, end-to-end, ~2 minutes machine time.
24 Apr
Dave reviews. Asks the bigger question.
Today
The bigger question deserves a bigger answer.
SUBFRACTAL · 03
The bigger question
"Can I hire Dom?"
What Dave saw — senior delivery, fast turnaround, methodology that doesn't break when inputs change.
What Dave instinctively reached for — acquire the capability.
The instinct is right. The structure is worth talking about.
SUBFRACTAL · 04
Why hiring is the smaller answer
Hire delivers hours.
JV delivers a product line.
Hire = Dom's hours to one client. The capability the demo proves is a methodology — DSPy expert systems, eval-tuned reasoning — refined across many engagements at once.
Hire
JV
Capacity for one company
Distribution into many companies
Salary + on-cost
Equity upside + recurring licence revenue
Bench-locked IP
Co-owned, productisable IP
Engineering only
Engineering · transformation · pastoral care
One brand benefits
Both brands compound
SUBFRACTAL · 05
What we've actually built — already
Phase 1 isn't a one-off automation.
It's the first instance of a reusable pattern.
- Domain inputs in (Airodis, CEMS, templates) — declarative
- Expert system reasons over them — DSPy substrate, eval-tuned
- Audit-grade output document — retainer-maintained
- Methodology generalises across regulated reporting domains
Every business in Assured's existing book has a version of this problem.
SUBFRACTAL · 06
The pattern, generalised
Regulated reporting is everywhere in your client base.
Same shape
messy upstream data → human-written narrative → regulator or board signs off.
- Environmental — air, water, contamination, rehab
- Compliance — workplace health, mining, safety
- Operations — maintenance, calibration, audit
- Sustainability — carbon, waste, biodiversity
Same architecture
The DSPy substrate is domain-agnostic. The methodology Phase 1 proves on tunnel reporting ports to every adjacent reporting category Assured already operates in.
Different signatures. Different evaluation corpora. Same architecture.
SUBFRACTAL · 07
The proposal
A joint venture — working name Subfractal — that wraps the co-built IP, productises it, and licenses it through Assured's distribution.
HYPRCORP brings
Forward-deployed engineering. Expert-system substrate. Human-side delivery — change craft and pastoral care for the teams adopting it.
Assured brings
Brand. Client base. Sector authority. First-line client relationships across regulated reporting.
Subfractal owns the product layer and the commercial relationship to enterprise.
SUBFRACTAL · 08 · SHOWCASE
HYPRCORP — the service mix
Four quadrants.
Engage one, some, or all.
Engineering vocab
Human vocab
External
Project-priced. You-meet-us.
Engineering · External
Expert Systems Consulting
Encode your domain experts into a system that runs. DSPy substrate, declarative pipelines, eval harnesses tuned to your historical work.
Human · External
Organisational Transformation
Programme-shaped change of how the business operates around new systems. Sequencing, governance, capability uplift.
Embedded
In-team. Day-rate or retainer.
Engineering · Embedded
Forward Deployed Engineering
Senior engineering inside your organisation, shipping with your team — not over the fence.
Human · Embedded
Pastoral Care
Direct attention to the people whose work is changing as the systems land. Adoption rate becomes a metric, not a hope.
SUBFRACTAL · 09
Who brings what
Three parties. Clean responsibilities.
Assured
Domain · Distribution
HYPRCORP
Substrate · Velocity · Care
Brings
Brand. Client base. Sector authority. Regulator-facing reputation.
Vehicle. Commercial layer. Product roadmap.
The 2×2 service mix — engineering and human-side delivery, external and embedded.
Operates
Sales. Sector positioning. First-line client relationship.
Licensing. Go-to-market. Product development.
Embedded delivery + consulting + transformation + pastoral care.
Captures
Equity in JV. Distribution margin. Sector reputation uplift.
Recurring licence revenue. Enterprise contracts. Sector category.
Equity in JV. Methodology IP retained. R&D treatment preserved.
SUBFRACTAL · 10
IP architecture
Three layers. Contractually clean.
Client implementationscode shipped to a specific Assured client — their data, templates, tuning
Client owns
Same as today's Phase 1 commitment. No regression. The client's investment lands as the client's asset.
Methodology layerDSPy substrate, eval harness, signature patterns, transformation playbook
HYPRCORP retains
Reusable across engagements. Preserves R&D incentive treatment. Funds future capability for both parties.
Product layerSubfractal-branded productised offering, pricing, licensing terms
Subfractal (JV) owns
Co-built. Co-owned. Co-monetised. The new value created on top of the foundation.
SUBFRACTAL · 11
Commercial shape
Phase 1 funds the foundation. JV stands up in 90 days.
Now → 30 days
Phase 1 build-out
RIC reference deployment scales to all 12 tunnels. Existing engagement and weekly retainer continue exactly as scoped.
In flight
30 → 90 days
JV scoping
Sector pattern validated across Assured's existing client base. Founding product scoped. Term sheet drafted — equity, IP carve-outs, governance, milestones.
Working session opens this
90 days +
Subfractal v1
JV incorporates. Founding IP contributions land. First commercial pilots ship to Assured's existing clients beyond the founding deployment.
Recurring licence revenue
SUBFRACTAL · 12
Why this is the right structure for Assured
Distribution leverage, not labour cost
Same effort as recruiting + managing a senior AI hire — but the output is a product line, not just delivered hours.
Brand uplift
Assured becomes the AI-forward sector authority. The category shifts under your name.
Equity upside
Margin compounds. Hiring is a cost centre. JV equity is a book-value asset.
Pastoral care, not just deployment
Adoption is where most AI projects die. Adoption rate becomes a reportable metric, not a hope.
SUBFRACTAL · 13
Why this is the right structure for HYPRCORP
Real distribution
Building product without distribution is the founder's nightmare. Assured's existing book gives Subfractal a market on day one — pilot customers, sector trust, regulatory familiarity.
Founding-customer pattern
Phase 1 becomes the first reference deployment. Every subsequent licence sale points to Assured's track record.
Capability funded by client work
The same delivery work that generates revenue for Assured also sharpens the methodology going into the JV. Engineering capacity is not split — it's compounding.
R&D treatment preserved
Methodology layer retained by HYPRCORP protects R&D incentive eligibility on the substrate work — a structural advantage for both parties.
SUBFRACTAL · 14
What stays the same
The Phase 1 engagement and retainer continue exactly as scoped.
- Phase 1 build-out across all 12 tunnels — 2–4 weeks
- Phase 2 analytical layer — 4–8 weeks
- Retainer covers ongoing extensibility — new tunnels, new capabilities, regulatory shifts
- Existing commercial terms intact
The JV is additive to current work, not a renegotiation of it.
SUBFRACTAL · 15 · DECISION
The decision in your hands
Two paths.
Path A
Greenlight scoping.
Schedule a working session inside the next two weeks. Output — shared draft term sheet by month 3. Phase 1 build continues uninterrupted.
Path B
Refine the shape.
Tell us what doesn't fit yet. We iterate the structure. Phase 1 build continues uninterrupted.
Phase 1 work continues either way. The JV question is about what we build into on top of it.
SUBFRACTAL · 16
Proposed next step
A working session — 90 minutes — within the next two weeks.
Attendees — Dave, Craig, Warwick, Dom
Validate the sector pattern across Assured's existing client base — which categories beyond environmental?
Scope the founding product — what does Subfractal v1 license, to whom, at what price point?
Term sheet skeleton — equity split, IP carve-outs, governance, exits, milestones.
90-day milestone plan — concrete deliverables, decision gates, signature target.
Outcome — we walk out with a written-down version of what we agree on, or a clear list of what to refine before next session.
SUBFRACTAL · APRIL 2026
Subfractal.
Worth a working session.
HYPRCORP — Forward Deployed Engineering · Expert Systems Consulting · Organisational Transformation · Pastoral Care