Objective
The main objective of the project is the growth and internationalization of FARSENS by the development of a Tire Pressure Monitoring Systems (TPMS), an electronic system in charge of the monitoring of the wheels air pressure, providing a real-time information. This information is very useful in regarding security, but also in terms of gas consumption, and thus in terms of reducing air pollution. Besides the intrinsic interest of this system in relation to security and environment, it is also mandatory by legislation to be installed in all the new cars in the USA and it will be mandatory by the end of 2014 for all new models, what makes an increment of around 50 million vehicles equipped with this system until 2015. Taking into account 4 devices per vehicle, it turns out in 200million TPMS units.
This project will lead the company growth for the next years from a high technology solution developer to an important stakeholder in automotive industry. During the last years the main strategy of the company has been focused on creating a reliable structure in order to ensure the success once one of the developed products entries the market. This project is “natural” as it is the next logical step to develop its strategy. FARSENS battery less solution meets all technical specifications and minimizes costs due to:
1-Cost-effectiveness (less subcomponents and the new design makes it half the actual cost). FARSENS solution is based on a battery less system and a 99% of inclusion of the sensor’s functionalities in only one ASIC. These decreases the cost of the components and assembly cost.
2-Saving due to less waste management and easier recycling (there is not battery), without compromising the quality or the service.
Thanks to the SME instrument, 2017 could be the year with the first sales, with an estimated 28% profit (0.55 M€) and during 2018 it is estimated an accumulated balance of 0.5 M€, being the ROI only 2 years.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications radio technology radio frequency
- engineering and technology environmental engineering waste management waste treatment processes recycling
- engineering and technology mechanical engineering vehicle engineering automotive engineering
- engineering and technology environmental engineering air pollution engineering
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
20009 GUIPUZCOA
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.