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Opendata, web and dolomites

Modula SIGNED

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

Total Cost €

EC-Contrib. €

Partnership

Views

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.

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

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 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.	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.