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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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 Outcomes and results

 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.

engineering    manifested    prevent    driver    mangers    detector    installing    save    billion    construction    catasrophic    profit    wind    event    7million    fatalities    infrastructure    2026    commersialization    deaths    28    break    return    governmental    insufficient    financial    home    11    purchasing    learning    private    rtexd    times    left    revenues    time    caused    predicted    catastrophes    aging    first    size    intelligence    correct    acosutic    infrastructures    investment    errors    200    genoa    solutions    domain    bigger    managers    damages    industry    acoustic    complection    1    2018    predict    layer    boosting    2025    failures    instead    structural    3mw    examples    owners    healt    considering    civil    detect    external    efficient    stakeholders    cumulative    monitoring    2019    chain    ai    replacing    companies    demand    structure    environmental    securaxis    public    effectiveness    willl    maintenance    voiced    collapse    market    customers    9    autonomous    giving    predictive    combining    turbine    artificial    urgent    bridge    600    events    estimate    43    million    shm    sensor   

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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