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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.

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

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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