Objective
Augmented Reality and Virtual Reality technology is driving the evolution of the automotive industry, where OEMs consider this field a point of interest for both increased road safety. Herein,they target improving traffic awareness and road safety by minimizing accidents, and an interest to include added-value system to vehicles cockpit from manufacturers,for increased attractiveness of future buyers towards their cars models.
Some OEMs are working on AR/MR-based driving systems. However,all of them are still in development stage and no commercial solutions have reached the market.
Following the Directive 2010/40/EU related to ITS networks, our main objective is set on a market launch of a head mounted, Mixed Reality (MR) driver’s terrestrial vehicles navigation and assistance system. We already have presence in aviation market, through MR navigation solution for aircraft pilots,which now we have adapted to operate with ground vehicles. DRIVER GLASS user will perceive several different info inputs as if it were projected into the driver’s windscreen, superposing the MR images over the actual real life view. It will enable the driver with an unobstructed 360º full 3D vision, enhancing in a significant manner the overall safety and info alert level of the actual end users.
We will enter the vehicles navigation and assistance market by tools expected to generate €20,800M by 2025, growing at a CAGR of 7.99%.Accordingly, our key market application is the manufacturing sector of motor vehicles, from one side car passengers to enhance their driving assistance; and from another side, autonomous vehicles for added-value solution boosting their driverless feature and their full autonomous control.
DRIVER GLASS will allow us to grow multiple folds in size by entering a new market which is orders of magnitude bigger than the aviation market where we are already present. Herein, we expect, in 5-year period, generating €24.3M of revenues and €14.9M of profit with a ROI of 4.9.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology mechanical engineering vehicle engineering automotive engineering autonomous vehicles
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors optical sensors
- engineering and technology mechanical engineering vehicle engineering aerospace engineering aircraft
- engineering and technology materials engineering amorphous solids
- natural sciences computer and information sciences software software applications virtual reality
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1027 BUDAPEST
Hungary
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.