In order to confirm the feasibility of our project, from TECNOFORM we have carried out a 4-month study focusing our effort on 3 main areas. We have reviewed the technical specifications of DAM Component, tested some new designs and defined a set of tests, parameters and target values that will be used during Phase 2 execution.
We have also prepared a complete Execution Plan for the development of DAM Component products, including planning, organization, risk analysis and budget.
Commercially, we have assessed our target markets, including the competition, to consolidate our marketing strategy. In addition we have performed Freedom-to-Operate analysis, so as to ensure the viability of the future patents we foresee.
Finally, regarding the economic aspects of the project we have updated the estimations and forecasts for the first 5 years of commercialization, based on the market analysis and our marketing strategy.