SUNSTONE SIGNED

Project "SUNSTONE" data sheet

The following table provides information about the project.

 Partnership

Take a look of project's partnership.

Map

 Project objective

The aim of SUNSTONE is to increase the efficiency of flexible manufacturing processes by advanced analytics based on real-time position data. SUNSTONE provides high precision real-time location data tailored to reliable shop floor operation. The unique hardware and software elements integrate position data of inventory and assets into MES and ERP. SUNSTONE uses ultra-wideband (UWB) technology in disruptive way resulting in simple installation, low energy consumption and superior performance at a low price guaranteeing fast return on investment through more efficient operation for the user. Our SUNSTONE system has been demonstrated (piloted) in relevant environments at LEAR Corp., FLEX & Foxconn and we have signed contracts to carry out further piloting at Arconic & Siemens. Based on the findings from these pilot tests we aim to scaleup the SUNSTONE system so it can be commercialised. To achieve this we will require business development, global maintenance and support establishment along with product development (ease of installations, prepare for mass production, SW implementation of business logic, interfaces to third party MES and ERP packages, cyber security). We intend to scale-up our product and company so that we can provide location-based services for the manufacturing industry worldwide. We will enter the international market initially through our piloting partners and ensure growth by involving integrator & distributor partners (we already have agreements). According to our piloting findings our disruptive SUNSTONE system will increase the overall efficiency of flexible manufacturing by 15% resulting in fast return on their investment of our affordable technology. The uptake of the technology will ensure profitability in the first year, a breakeven on our investment in 2 years and doubling our company size in 3 years.