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Xtend SIGNED

"Xtend - ""Extending Reality Skywards"""

Total Cost €

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EC-Contrib. €

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Partnership

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Project "Xtend" data sheet

The following table provides information about the project.

Coordinator
XTEND REALITY EXPANSION LTD 

Organization address
address: HAIM LEVANON 30
city: TEL AVIV
postcode: n.a.
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 Israel [IL]
 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 2020
 Duration (year-month-day) from 2020-01-01   to  2020-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    XTEND REALITY EXPANSION LTD IL (TEL AVIV) coordinator 50˙000.00

Map

 Project objective

Coupling high-end drones with forefront computing technologies like the augmented/virtual/mixed reality opens up unprecedented possibilities in several fast-growing sectors like public safety and security, construction and industrial inspection, entertainment, to name just a few. Currently, there are several companies worldwide offering technologically advanced solutions for drones or VR/AR/MR reality, but little to none is able to merge the best functionalities of both technologies like we did at Xtend Reality Expansion Ltd. Indeed, our breakthrough innovation comes from the development of a disruptive drone-based extended reality technology that combines virtual elements into real-life environments offering a unique mixed reality experience. Firstly addressed, in the short-term, to the Public Safety and security market, Extender will provide an unprecedented opportunity to improve productivity and safety of operators, enhancing 360° real-time visualization and data-analysis, ultimately allowing for more effective and informed decision making. Our solution is at TRL6 and we aim to scale it up to TRL9 to commercialize the platform with top performance ratings from end-users and stakeholders by 2021. By applying to Phase 1 SME Instrument, we aim to carry out a feasibility study to verify the technical, commercial and financial viability of our solution and develop a business plan to drive its successful market uptake. Indeed, according to our realistic trading projections we will achieve approx. €12M total revenues by the 5th year (ROI = 3) counting on the rapid expansion both drone and immersive reality technologies are experiencing.

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

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