The following table provides information about the project.
THE SMART ACTUATOR COMPANY LTD
|Coordinator Country||United Kingdom [UK]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
|Duration (year-month-day)||from 2014-10-01 to 2015-02-28|
Take a look of project's partnership.
|1||THE SMART ACTUATOR COMPANY LTD||UK (MALVERN)||coordinator||50˙000.00|
The Smart Actuator Company Ltd develops smart, RIFT Driven® actuators our first was delivered to market in Q3-2013. The system is proven to use 25% less copper, be 80% lighter and 75% more energy efficient than our competitors. Early success means that the first two years production scheduling is already sold to 90% capacity and The Smart Actuator Company now own global rights for the use of RIFT Technology in electrically powered actuators. Put simply, we believe our technology is a game changing product capable of delivering benefits worldwide by dramatically reducing; • energy required to automate everyday tasks in many applications • volume of raw materials, including copper and magnets, used to manufacture automated systems • inventory and therefore administration complexity • weight, thereby reducing fuel use in logistics and shipping • Carbon Footprint in manufacturing and distribution • need for sourcing manufacturing capability outside Europe
Work performed, outcomes and results: advancements report(s)
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The information about "SMARTACT-2-3" are provided by the European Opendata Portal: CORDIS opendata.