Project Racoon SIGNED

Project "Project Racoon" data sheet

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 Partnership

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 Project objective

Advances in automating transport and industry – the realisation of the Industrial Internet of Things – are being held back by something very simple: wiring. There are 550km of wires in an Airbus A380 plane: 7.5 tonnes of cabling adding to fuel consumption on every flight. Wiring costs money: in weight, installation time, maintenance, and retrofitting. But until now the accuracy and latency needed for automated machine control systems using wireless technology have simply not been available: too much data is lost and lag is too great for industrial automation, still less aircraft controls. R3 is a German software company whose goal is to fix that, making wireless as effective as wires. Our world-first innovation uses “co-operative diversity” between transmitters: we leverage all the chips in a system as “assistant senders” to each other. We have demonstrated we can cut data loss to <3 packets in 10M and achieve sub-10-ms latency. That is 124x better than any competition, and runs on standard wireless chips. As a result we already have clients in in robotics and factory automation. But we see a transformative business opportunity worth tens of millions of euros of early revenue in the aviation sector, and we therefore seek funding for a project to build a new and massively more reliable co-operative wireless architecture for high-performance avionics in a Eur78bn market. We can’t replace all the wiring in a plane, but we can seriously contribute to future low-emissions aircraft, with flexible wireless controls that enhance safety and create ROI across aviation. We are have contracts with or LOIs from future customers in aircraft manufacture, airline operations/maintenance, cabin fittings and equipment services, avionics manufacture, and the booming aircraft retro-fitting sector. This project will position R3 for rapid growth, first by transforming the avionics controls market; and then feeding back to our existing client base and accelerating industrial automation.