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EddyEyes

Novel System for surface inspection and quality control for steel industries.

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

EddyEyes project word cloud

Explore the words cloud of the EddyEyes project. It provides you a very rough idea of what is the project "EddyEyes" about.

worldwide international 4 industrial price isend asia 50 participated industries speeds capital ourselves 2006 eddyeyes smaller gt alloy ndt expert temperature fulfil 1200 producers global reg diameters rod 4m micro grades quality mill weakness forecast wire founded claims 20 mm final north locate rolling employees trough cracks lack niche deal solution customers plant position 750 total inspection coil ordm size period south lengths payback 1 america venture turnover meeting acknowledged hot difficult sizes technologies metal plants surface deep european storage competitors 14 selling mton detect leader foresee rates sme million 120 destructive massive reaching steel environment continuous industry display sodical market covers able standards commercial enduser speed spread diameter harsh lower operation least 24

Project "EddyEyes" data sheet

The following table provides information about the project.

Coordinator	INGENIERIA Y SISTEMAS DE ENSAYOS NODESTRUCTIVOS SA Organization address address: CALLE LUIS PROUST 10 city: BOECILLO VALLADOLID postcode: 47151 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Spain [ES]
Project website	http://www.isend.es/es
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.2.1.5. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing) 2. H2020-EU.2.1.3. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials) 3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument) 4. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
Code Call	H2020-SMEINST-1-2016-2017
Funding Scheme	SME-1
Starting year	2016
Duration (year-month-day)	from 2016-06-01 to 2016-11-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	INGENIERIA Y SISTEMAS DE ENSAYOS NODESTRUCTIVOS SA INGENIERIA Y SISTEMAS DE ENSAYOS NODESTRUCTIVOS SA Organization address address: CALLE LUIS PROUST 10 city: BOECILLO VALLADOLID postcode: 47151 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (BOECILLO VALLADOLID)	coordinator	50˙000.00

Map

Project objective

European and global steel industry are facing several challenges, including meeting the high international quality standards.

ISEND is a SME founded in 2006 and a acknowledged worldwide expert in industrial Non Destructive Test (NDT) systems that is participated by the Venture Capital ”Sodical” to support its international growth. ISEND has identified a need from its customers (spread trough Europe, Asia, North&South America) in a specific niche market of the Hot rolling mill industries for metal wire rod to which the current commercial solution have strong weakness. In this market, the producers are required to fulfil quality standards for surface cracks lower than 1% of diameter. Claims from customers against the lack of these standards can reach 4% of total plant year production. Surface cracks inspection technologies, are difficult to implement due to plants harsh environment (1200 ºC and rolling speeds up to 120 m/s), massive production rates (>10 Mton/year). Those systems must also deal with different alloy grades, applications, and final product sizes (diameters covers from 5 to 90 mm, wire coil lengths range is from 14,000 m to 750 m). Our proposed system EddyEyes® is a surface quality control system for Non Destructive Testing of metal products in production plants and is able able to detect, locate, display and storage surface cracks as smaller as 50 µm deep at 120 m/s rolling speed and 1200 ºC temperature in continuous operation.

EddyEyes® selling price would be 0,4M€ (50% lower than our main competitors) what will allow the enduser payback period be less than 1 year. We have estimated that the worldwide market size for this product will be of 2.000 industries, from which we forecast that at least 20% will be interested in an improved quality control system.

We foresee to be able in 5 years to position ourselves as leader in this niche market, reaching around 20% of the worldwide market and a turnover of 24 Million euro and creating 80 employees

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "EDDYEYES" project.

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The information about "EDDYEYES" are provided by the European Opendata Portal: CORDIS opendata.