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Modula SIGNED

The world first industrial full electric actuator to drive the transition to sustainable electric solutions in the manufacturing industry

Total Cost €

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EC-Contrib. €

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Partnership

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 Modula project word cloud

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

transition    plant    actuators    generating    company    first    introduce    chain    alternatives    successful    workhorse    primarily    assembly    innovation    canton    push    act    line    pilot    industrialization    weight    tech    roadmap    machinery    leakages    solutions    move    incorporated    full    industrial    infrastructure    market    manufacturers    modern    lack    actuator    linear    hydraulic    derive    environmental    2023    35m    vaud    komp    manufacturing    pull    rotate    facilities    standard    sold    specifications    collect    sense    weakest    pave    electric    concluded    technologies    though    solution    food    round    stage    sustainable    integrate    revolution    founded    few    25    links    engineer    packaging    initial    customers    precision    automation    size    experts    headaches    seed    device    ebitda    units    expensive    pneumatic    benefit    energy    senior    turnover    plays    limited    frequent    extensive    co    30    modula    managers    productivity    lag    demonstrator    industry   

Project "Modula" data sheet

The following table provides information about the project.

Coordinator
KOMP-ACT SA 

Organization address
address: CHEMIN DE LA RAYE 13
city: ECUBLENS
postcode: 1024
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 Switzerland [CH]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (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-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2020-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    KOMP-ACT SA CH (ECUBLENS) coordinator 50˙000.00

Map

 Project objective

Linear actuators are the workhorse of modern production facilities, allowing to move, rotate, push, pull, product on the assembly line. Pneumatic and hydraulic actuators are by far the most adopted solutions, even though they represent one of the weakest links in the production chain. The main headaches for plant managers derive from frequent leakages, complex and expensive infrastructure, lack of precision and high energy cost. Electric actuators are seen as a potential revolution in the field, but lag behind the alternatives due to very high cost, size and weight, which allow their use only in few limited applications. KOMP-ACT, a high-tech company founded by senior experts in industrial automation, has developed Modula, a unique cost-effective electric actuator which will enable the transition from the current pneumatic and hydraulic technologies to sustainable electric solutions for increase of productivity as well as for environmental benefit. We have co-developed the solution with our initial target end-users, which are primarily manufacturers of food processing and packaging machinery, to help them transition from pneumatic/hydraulic to electric technologies. We are now at a stage of the development roadmap where industrialization plays a key role. In this sense, we need to integrate the demonstrator in real production facilities, collect a full set of requirements and specifications by end-users for industrialization and engineer the device for large scale manufacturing (Phase 1), which will pave the way to extensive pilot testing and go-to-market (Phase 2). The successful development of this innovation project will allow us to scale-up to reach 100,000 units sold by 2023, generating a turnover of 35M€ and an EBITDA of 25% - 30%, in line with the standard in this industry. KOMP-ACT is incorporated in Canton Vaud and have concluded an initial pre-seed round which will allow the company to introduce its first products to early customers.

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

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