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IRISTICK SIGNED

Enabling supply chain 4.0: Iristick smart safety eyewear

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 IRISTICK project word cloud

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

safety    wearer    prepare    struggle    flows    reduces    8h    operation    glasses    empowering    seed    peripheral    desk    time    warehousing    full    performance    glass    logistic    nascent    indicate    competitors    expose    unhealthy    entry    begin    tam    secure    developers    iristick    industrial    radiation    indicator    unlike    ecosystem    free    market    designed    environments    industry    ing    error    integrators    innovative    smart    total    investments    develops    rates    bulky    upside    2020    return    smei    mass    device    compromising    view    manufacturers    outperforms    opportunity    eyewear    variety    units    power    balanced    enterprises    mobile    enterprise    ambition    light    costly    3    backed    wearable    appraised    feel    accelerating    eliminating    enhanced    addressable    mobility    overheat    correction    hands    video    disrupting    workers    stable    logistics    streaming    deployments    radically    proven    million    regular    pack    certified    21    assisted    comfortable    add    lowering    vast    counterpart    2023    paramount    players    matters    penetration   

Project "IRISTICK" data sheet

The following table provides information about the project.

Coordinator		 IRISTICK NV 

Organization address
address: HEIDEBERGEN 20
city: SINT-MARTENS-LATEM
postcode: 9830
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 Belgium [BE]
 Project website https://iristick.com/
 Total cost 2˙793˙750 €
 EC max contribution 1˙955˙625 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-04-01   to  2019-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    IRISTICK NV BE (SINT-MARTENS-LATEM) coordinator 1˙955˙625.00

Map

 Project objective

Iristick develops innovative assisted reality enhanced eyewear for industrial applications. Empowering desk-less workers with wearable hands-free technology is paramount for enterprise 4.0. Currently the technology is still nascent: our competitors struggle to pack processing power into glasses, resulting in bulky products that overheat and expose the user to unhealthy radiation. Unlike our competitors that struggle to pack processing power and features into glasses, our smart glasses are designed as a peripheral add-on to the mobile device. Safety certified, they feel just like regular glasses: comfortable, light, balanced and stable, without compromising the wearer’s mobility, safety or field of view. Iristick outperforms the state of the art assisted reality smart glasses in each technical performance indicator that matters. We begin our go-to-market by disrupting the logistics and warehousing industry, where Iristick will enable 8h hands-free operation with full video streaming performance. Iristick radically reduces costs by lowering error rates and eliminating costly return and correction flows. Logistics and warehousing industry presents a great opportunity for Iristick to secure large-scale deployments. Market trends indicate the total addressable market for Iristick is about 1.21 million units in the sector by 2020, with a vast upside potential in a variety of other industrial applications. To secure the market, we already partner with the key players in this emerging ecosystem, such as application developers and integrators. Iristick technology is backed by more than €2.5 million seed investments, appraised by leading enterprises and proven in complex logistic environments. Our ambition is to become the EU leading counterpart for US smart glass manufacturers. The SMEI project is a crucial next step for accelerating our time to market. The main objective of Phase 2 is to prepare for mass scale market entry, leading to 3% penetration of our TAM by 2023.

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

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