Explore the words cloud of the Z-Tech project. It provides you a very rough idea of what is the project "Z-Tech" about.
The following table provides information about the project.
ZEROSHIFT TRANSMISSIONS LTD
|Coordinator Country||United Kingdom [UK]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
|Duration (year-month-day)||from 2016-08-01 to 2016-10-31|
Take a look of project's partnership.
|1||ZEROSHIFT TRANSMISSIONS LTD||UK (MILTON KEYNES)||coordinator||50˙000.00|
Zeroshift Performance Ltd specialises in the design, development and application of its patented transmission technology “Z-Tech” which enables seamless instantaneous means of changing gear without interrupting engine torque. Currently operating predominantly in the motorsport, Z-Tech is experiencing significant demand for integration in the cruising and domestic use motorcycles. Building upon the success our initial prototypes tested in the cruising motorcycle, we are applying for the dedicated Phase 1 SME funding from the EC to confirm the techno-economic feasibility of our technology for the successful commercialisation. Our business model is to licence our technology to the motorcycle manufacturers who will then take our technical designs and manufacture the gearboxes in their own facilities, ensuring that they are in control of the production processes, and that the product is designed to their specifications.
We have strong market-pull from utility providers such as Piaggio Aprilia, GAIUS Transmissions, Harley Davidson Motorcycles and Albins Performance Transmissions. Based on early interest we have built bottom-up 5 year forecasts to generate cumulative turnover of €23.63million to generate €18.9 PBIT. Based on total investments of €2.77million, this will achieve a ROI of 5.8:1 and payback on investment in ~34 months.
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The information about "Z-TECH" are provided by the European Opendata Portal: CORDIS opendata.