OLU-preg is a novel concept of a material, offering capabilities that are disruptive for the composites market, such as high-volume and low cost production processes, customisability to the application and unique performance attributes. During the last months, the SMEs and their partners focused on moving the market readiness level of the technology higher, by co-creating virtual prototypes for specific applications together with interested clients and building viable business cases. All results indicate that there are advantages in using OLU-preg over the competition, either in the performance, shape-ability, thickness or cost, as well as the possibility for producing at high volumes.
If the technology hits the market it means both a great growth opportunity for the companies, as they will be able to diversify in a high growth sector, as well as for their clients. On that second point, OLU-preg can provide the possibility to integrate a much larger volume of composites in the vehicles, enabling more potential for reducing weight and therefore fuel consumption and CO2 emissions.