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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.

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

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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