Periodic Reporting for period 1 - iNTACT (Commercialisation of the world’s first iNTelligent Access Cover Technology for the protection of ALL underground infrastructure.)
Reporting period: 2016-05-01 to 2016-07-31
Hugslock Systems have developed a solution that can secure all underground infrastructure. We have created the iNTelligent Access Cover Technology “iNTACT” system which is the world’s first remote lockable access cover. It is secure, tamperproof and provides information about its’ environment to a central system. Embedded within the cover are a range of sensors that can offer a range of monitoring capabilities such as gas, heat, water, infrared CCTV, motion, bio-hazard and seismic.
iNTACT removes the need for physical inspections, as the locks can be monitored remotely from a central server. This enables a fast response in case of a detected anomaly instead of a passive response once something has gone wrong. We have strong market interest from telecommunications provider SITEL in the Czech Republic and the UK Ministry of Defence.
Task 2 - IPR Strategy - we have reviewed our IP situation and put in place a company strategy to address IP issues and requirements.
Task 3 - Technical specification - we have developed a new specification for commerical scale-up and varients for different industries
Task 4 - Supply chain - we have identified and communicated with partners for manufacturing, design as well as customers for first-in-use trials across the EU. We have also developed a brochure for marketing and sales of the product.
Task 5 - Project Planning - we have drawn up GANTT, PERT and an indicative budget to take the project through to full launch
Task 6 - Business Plan - We have refreshed and renewed our business plan given the information provided in tasks 1-5