EU H2020 Project "MIDRAULICS (Modular Intelligent Hydraulics)": description, partecipants, costs and EC-fundings

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MIDRAULICS project word cloud

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

turnover resort countries total china ac mini 2003 coming scenario pieces electronics pack components generate first multiple sensor excellence housing 60 agricultural hydronit industry power building huge located industrial speed 30 midraulics 58 safety 2016 smart inverters construction friendliness programmable hydraulics accumulative operate intelligent motors always metal wiring start philosophy hydraulic vehicles 4 removing 2016q2 off wireless packs ge exports uk customers thanks solutions conventional environmental 100 companies energy million commitment company core revenues 10 daughter micro modular integrates 2015 86 stop final subcontracts mobile strive business saving roi pursued conservative material passion electric 87 savings solution full communications consisting cable

Project "MIDRAULICS" data sheet

The following table provides information about the project.

Coordinator	HYDRONIT SRL Organization address address: VIA PASTRENGO 62 city: VAREDO postcode: 20814 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	Italy [IT]
Project website	http://www.xdraulics.com
Total cost	1˙290˙523 €
EC max contribution	903˙366 € (70%)
Programme	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)
Code Call	H2020-SMEINST-2-2016-2017
Funding Scheme	SME-2
Starting year	2017
Duration (year-month-day)	from 2017-09-01 to 2020-05-31

#	participants	country	role	EC contrib. [€]
1	HYDRONIT SRL	IT (VAREDO)	coordinator	903˙366.00

HYDRONIT SRL

IT (VAREDO)

coordinator

903˙366.00

Project objective

HYDRONIT is a company established in 2003 whose core business focuses on research, development and production of smart modular hydraulic power packs and relevant components for the mobile industry, for which we strive for excellence. We operate in 50 countries with daughter companies located in China, the UK and the US. Our passion for hydraulics power and our commitment with our customers let us reach €4 million turnover in 2015, 60% of which coming from exports (as of 2016Q2, we project 10% growth for 2016, which will let us achieve €4.4 million turnover).Hydronit has always pursued a full new concept of hydraulics consisting on building modular solutions that integrates all necessary pieces of knowledge (electric/electronics on top of hydraulics), removing the need to resort to multiple subcontracts to produce the final equipment. Following this philosophy, we have been developing MIDRAULICS, a programmable intelligent mini and micro power pack for the mobile industry (e.g. industrial, construction and agricultural vehicles and equipment). MIDRAULICS will provide our customers in the mobile application sector: 1. Full control distribution of hydraulics (100% compared to conventional systems with no integrated control); 2. Total safety thanks to a better control of the solution components and power; 3. Huge energy saving, as a results of the following factors: 86% less material for wiring; 10 % electric power savings in on-off applications thanks to start stop features; 30% electric power savings in variable speed applications through use of Inverters and AC motors.4. Environmental friendliness, thanks to Metal reduction (no need for sensor housing) and Cable reduction (through use of wireless communications) Thanks to MIDRAULICS, we expect to generate about €6.87 million accumulative revenues during the first 5 years of business (conservative scenario), achieving a RoI ≥ 1.58.

Deliverables

List of deliverables.
Project Website	Websites, patent fillings, videos etc.	2020-03-04 09:40:29

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

More projects from the same programme (H2020-EU.3.4.;H2020-EU.2.1.1.;H2020-EU.2.3.1.)