Periodic Reporting for period 1 - MIDRAULICS (Modular Intelligent hyDRAULICS)
Reporting period: 2016-02-01 to 2016-05-31
In order to deliver complete solutions to the customers, companies such as ours need electric/electronics knowledge to be added on top of hydraulics knowledge to produce the final hydraulic equipment. These complementary know-hows are not usually found together in our sector, but it is exactly our core know-how and the heart of this business opportunity: Hydronit has always pursued a full new concept of hydraulics that joins modularization and integration of all necessary pieces of knowledge, removing the need to resort to multiple subcontracts to produce the final equipment. Following this philosophy, we have been developing MIDRAULICS, a programmable intelligent mini and micro power pack for the mobile industry (e.g. industrial, construction and agricultural vehicles and equipment).
MIDRAULICS will provide to our customers:
1. Full control & distribution of hydraulics (100% compared to conventional systems with no integrated control).
2. Total safety thanks to a better control of the solution components and power.
3. Huge energy saving, as a results of the following factors: 86% less material for wiring; 10 % electric power savings in ""on-off"" applications thanks to “start stop features""; 30% electric power savings in ""variable speed applications"" through use of Inverters and AC motors;
4. Environmental friendliness, thanks to Metal reduction (no need for sensor housing) and Cable reduction (through use of wireless communications).
We also have carried out a complete freedom to operate study where we did not find any obstacle to commercialise our technology. Moreover, we have filed a patent covering our disruptive innovation.
We have fully defined the technical specifications, prototype testing, financial forecasting of various scenarios (worst- and realistic-cases), carried out a thorough risk analysis, and planning through full-scale production.
Thanks to MIDRAULICS, we expect to lead the worldwide market of smart power units.