Periodic Reporting for period 1 - Tangi0 (Touch and pressure sensitive material without electronic sensors for intuitive and eye-free control of a car’s features while driving)
Période du rapport: 2018-01-01 au 2018-04-30
- Technical steps to complete the product development have been identified. Milestones and steps to achieve a successful Ph2 have been set up.
- To ensure our product-market fit, we have identified supplier partners and OEM customers whom we will actively involve from the beginning first stage of the project.
- Commercial agreements have been signed and secured, including licensing agreement with supplier partner, PoC contracts with OEMs and A European tooling/injection moulding subcontractor has been contracted for the manufacturing of the trial tooling and sourcing of the raw materials.
- Timing and involved party has been confirmed for a pilot trial: we will use early production prototypes and leverage OEM partner.
- The business model and financials projections were validated after conversations with perspective clients and by preparing the financial projection with realistic assumptions.