Automatic Hydraulic Jack with improved capacity, safety and efficiency for agricultural implements

Projektinformationen

Novel Jack

ID Finanzhilfevereinbarung: 786054

DOI

10.3030/786054

Projekt abgeschlossen

EK-Unterschriftsdatum 9 November 2017

Startdatum 1 Dezember 2017

Enddatum 31 März 2018

Finanziert unter

• SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy

Gesamtkosten

€ 71 429,00

EU-Beitrag

€ 50 000,00

Koordiniert durch

SIMOL SPA
Italy

Periodic Reporting for period 1 - Novel Jack (Automatic Hydraulic Jack with improved capacity, safety and efficiency for agricultural implements)

Berichtszeitraum: 2017-12-01 bis 2018-03-31

Zusammenfassung vom Kontext und den Gesamtzielen des Projekts

During the project, we validated the technical, commercial, financial and regulatory aspects related with the market introduction of Novel Jack product. The roadmap to advance the Technology Readiness Level of our system to TRL-9 was finalised and key partners were identified. A thorough patent analysis was performed validating our freedom to operate. The agricultural machinery market was analysed and market drivers that will fuel Novel Jack adoption were identified. Preliminary discussions with several customers interested in Novel Jack technology took place.

Arbeit, die ab Beginn des Projekts bis zum Ende des durch den Bericht erfassten Berichtszeitraums geleistet wurde, und die wichtigsten bis dahin erzielten Ergebnisse

Our technical work focussed on re-visiting Novel Jack’s design to reduce its’ dimensions while considering production costs. We optimised the operation of the tilting system to reduce overall tilting time and evaluated its’ performance. In addition, we validated Novel Jack’s technical performance with the help of an independent group specialised in agricultural machinery testing.
Our market research analysed the needs of our customers and identified several geographical markets where Novel Jack offering would add significant value. For these markets, drivers that will drive Novel Jack adoption where analysed while barriers to entry were identified and mitigation actions were established. We benchmarked with competition showing that Novel Jack technology is 10x times better than its’ closest competitors. Our patent analysis evidenced that our technology does not infringe the intellectual property rights of others, confirming our freedom to operate. Additionally, we refined our sales strategy and carefully projected our Novel Jack revenues for the commercialisation period.
In addition, we participated at 3 major trade fairs in agricultural machinery and equipment, where we had preliminary discussions with customers that showed particular interest in Novel Jack technology.

Fortschritte, die über den aktuellen Stand der Technik hinausgehen und voraussichtliche potenzielle Auswirkungen (einschließlich der bis dato erzielten sozioökonomischen Auswirkungen und weiter gefassten gesellschaftlichen Auswirkungen des Projekts)

Novel Jack’s advanced safety features will drastically reduce accidents related with agricultural machinery collapsing while supported by lifting equipment, accounting for 41% of fatal injuries. In addition, Novel Jack’s fully automated process translates into a 78% reduction in the time needed to extend and retract the jack; this equals to ca. 52 min saved per working shift. Hence, farmers will allocate the time gained to value-added activities, increasing their productivity. This results to annual wage savings of ca. €2 million for the European economy, while the leverage effect due to their productivity increase will be multiple.

image-1.png