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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.

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

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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