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RTExD

Intelligent acoustic sensor for real-time monitoring of large infrastructures

Total Cost €

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EC-Contrib. €

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Partnership

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 RTExD project word cloud

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

prevent    infrastructures    healt    aging    owners    predict    solutions    artificial    turbine    financial    return    structure    million    monitoring    engineering    3mw    private    autonomous    event    detector    efficient    layer    correct    companies    examples    securaxis    profit    genoa    intelligence    replacing    home    willl    purchasing    2026    bridge    governmental    customers    ai    events    urgent    market       rtexd    environmental    commersialization    2025    600    save    demand    collapse    driver    43    domain    break    caused    manifested    installing    maintenance    acosutic    time    fatalities    chain    7million    external    times    catasrophic    infrastructure    2019    combining    errors    detect    shm       bigger    wind    estimate    predictive    learning    investment    sensor    giving    predicted    managers    industry    200    public    boosting    considering    revenues    size    11    voiced    2018    billion    insufficient    mangers    structural    construction    instead    damages    complection    catastrophes    cumulative    effectiveness    stakeholders    28    civil    failures    left    acoustic    first    deaths   

Project "RTExD" data sheet

The following table provides information about the project.

Coordinator
SECURAXIS SA 

Organization address
address: ROUTE DE MON-IDEE 151
city: VANDOEUVRES
postcode: 1253
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]
 Project website https://securaxis.com/
 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  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SECURAXIS SA CH (VANDOEUVRES) coordinator 50˙000.00

Map

 Project objective

The bridge collapse in Genoa (2018) caused 43 deaths, left 600 without home, and cost €200 million to the EU. This is one of many examples of catasrophic events that cause fatalities, financial and environmental damages due to aging infrastructures and insufficient Structural Healt Monitoring (SHM) solutions. Thus, authorities, owners and maintenance managers of large infrastructures have voiced an urgent need for efficient, reliable, cost-effective and autonomous monitoring solutions that would be able to prevent unwanted catastrophes. This demand is boosting the growth of the SHM market – the predicted market size value is €3,9 billion by 2025, which is 3,6 times bigger than in year 2019 (€1,1 billion). We, at Securaxis, are developing a break-through technology combining predictive real-time acoustic monitoring sensor with our advanced Artificial Intelligence (AI) technology into the Real Time Event Detector RTExD. Since it is acosutic RTExD can detect infrastructure failures even before they are manifested in the external structure. Learning from them the AI layer will be able to predict when this errors willl be produce giving infrastructure mangers enough time to correct potential future failures. We target various stakeholders along the value chain of the civil infrastructures construction industry. We address customers in the public and the private domain and they range from infrastructure owners, and engineering companies to governmental authorities. Cost-effectiveness will be the main purchasing driver for our customers – installing RTExD on a wind turbine (3MW) would save up to €6,7million instead of replacing the structure. Through the complection of the project we expect to reach €40 million cumulative revenues and €28 million cumulative profit in the first 5 years of commersialization. Considering a €2.1 million investment during Phase 2, we estimate a return of investment of 11,9% in 2026.

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

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