Explore the words cloud of the AUTOSTRAP project. It provides you a very rough idea of what is the project "AUTOSTRAP" about.
The following table provides information about the project.
AEQUS INGENIERIA SL
|Coordinator Country||Spain [ES]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
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)
|Duration (year-month-day)||from 2016-08-01 to 2016-11-30|
Take a look of project's partnership.
|1||AEQUS INGENIERIA SL||ES (NIGRAN PONTEVEDRA)||coordinator||50˙000.00|
Through AUTOSTRAP our company, AEQUS, aims to revolutionize the European furniture market and contribute to boost its growth by exploiting and developing the niche market of upholstered furniture, introducing a full automated strapping solution through a robotic cell. Driven by the needs of European furniture manufacturers based on increasing production and reducing costs to compete with low labour costs countries, AUTOSTRAP is the solution because will multiply production per 9 and will reduce production costs in a 40%. Besides, end-users will be benefited with a better quality and longlasting product that will prolong its lifetime from 10 - 12 years to 20 - 22 years. We want Europe to recover its lost position in furniture production and export with a high-technology solution, that will allow to recover its innovative position worldwide.Our preliminary projections of the market deployment of AUTOSTRAP in 2022 show a Return on Investment, ROI, of 3.44 for the first five years, impliying revenues of € 15.9 million for our company.
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The information about "AUTOSTRAP" are provided by the European Opendata Portal: CORDIS opendata.
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