Objective GLAD-2 is aimed at the industrialisation of an innovative product (GNSS low cost and highly accurate attitude determination system, reinforced magnetic immunity) and its commercialisation plan. The innovative and technologically advanced prototype (TRL6), outcome of an FP7 project, (with proven feasibility through SME-INST-1 project) will be transformed into a TRL9 profitable product. It avails an identified business opportunity derived from the UAS/RPAS expansion and lack of high precision and low cost positioning solutions. This will be done in parallel to the regulation harmonisation in Europe, thus fostering this niche market, mainly in the civilian professional sector, for precision accuracy and/or magnetic interference sensitive applications. ACORDE expects to reach the 5% European market share, offering this product to autopilot/sensor developers, UAS integrators and UAS manufacturers, what will imply a cumulative turnover of 8.5M€ and cumulative profit of 1.6M€ in the 2016-2022 period, generating 5 FTE positions in the company. Since the company strategy is based on high technology engineering connected to radiofrequency and satellites, creating robust, reliable and high performance products, it is clear that the goal pursued in GLAD-2 is absolutely aligned with the corporate strategy, complementing the high-tech offering, consolidating the UAS supplier capabilities, and exploiting an experienced R&D line within the company. Therefore, this opportunity represents a key milestone in the strategic implementation plan: not only will promote the GNSS/Galileo products market activity, but also will open new niche markets for the company, thus increasing the probabilities of synergies, cross sales and incremental selling, creating a virtuous circle with the rest of the company technologies and products, not to mention the employment creation and the diversification of incomes, leading to a robustness and competitiveness improvement of the SME. Fields of science engineering and technologyelectrical engineering, electronic engineering, information engineeringinformation engineeringtelecommunicationsradio technologyradio frequencyengineering and technologycivil engineeringurban engineeringsmart citiessocial sciencessocial geographytransportnavigation systemssatellite navigation systemglobal navigation satellite systemengineering and technologymechanical engineeringvehicle engineeringaerospace engineeringsatellite technologyengineering and technologymechanical engineeringvehicle engineeringaerospace engineeringaircraft Keywords GNSS Galileo EGNOS INS attitude navigation low cost accurary high precision UAS RPAS positioning Programme(s) H2020-EU.2.1.6. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Space Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) Space-SME-2015-2 - SME Instrument Call for proposal H2020-SMEInst-2014-2015 See other projects for this call Sub call H2020-SMEINST-2-2015 Funding Scheme SME - SME instrument Coordinator ACORDE TECHNOLOGIES SA Net EU contribution € 990 453,10 Address CALLE EL CASTRO 22N 39011 Santander Spain See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Noroeste Cantabria Cantabria Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 1 414 933,00