1. We have identified the major technical aspects to be carried out and elaborated a work plan and budget. A technical risk assessment has been included, implementing the mitigation measures in the work plan. Various sources for funding have been presented.
2. The Freedom to Operate was ensured by studying the different VCR technologies patented. We have found that there is no similar technology to ours. We have a large number of patents protecting our know-how, which defines the design of the IPR strategy for Phase 2.
3. Market quantification: Total Available Market, Serviceable Available Market and Serviceable Obtainable Market. Its global geographic characteristics, segments and targeted end-users have been studied. We have analysed the competition, which is limited, and presented our pricing strategy based on license fees. The market barriers and the commercial risks are presented, implementing the mitigation measures in a commercial work package. We present the exploitation strategy based on strategic partnerships in the automotive industry supported by our analysis of the current status of our collaborations.
4. Evaluation of various scenarios for sales projections: conservative and realistic. These scenarios show that we will be able to partially fund our future R&D and commercial endeavours by ourselves.