Objective
Iristick develops innovative assisted reality enhanced eyewear for industrial applications. Empowering desk-less workers with wearable hands-free technology is paramount for enterprise 4.0. Currently the technology is still nascent: our competitors struggle to pack processing power into glasses, resulting in bulky products that overheat and expose the user to unhealthy radiation. Unlike our competitors that struggle to pack processing power and features into glasses, our smart glasses are designed as a peripheral add-on to the mobile device. Safety certified, they feel just like regular glasses: comfortable, light, balanced and stable, without compromising the wearer’s mobility, safety or field of view. Iristick outperforms the state of the art assisted reality smart glasses in each technical performance indicator that matters. We begin our go-to-market by disrupting the logistics and warehousing industry, where Iristick will enable 8h hands-free operation with full video streaming performance. Iristick radically reduces costs by lowering error rates and eliminating costly return and correction flows. Logistics and warehousing industry presents a great opportunity for Iristick to secure large-scale deployments. Market trends indicate the total addressable market for Iristick is about 1.21 million units in the sector by 2020, with a vast upside potential in a variety of other industrial applications. To secure the market, we already partner with the key players in this emerging ecosystem, such as application developers and integrators. Iristick technology is backed by more than €2.5 million seed investments, appraised by leading enterprises and proven in complex logistic environments. Our ambition is to become the EU leading counterpart for US smart glass manufacturers. The SMEI project is a crucial next step for accelerating our time to market. The main objective of Phase 2 is to prepare for mass scale market entry, leading to 3% penetration of our TAM by 2023.
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 materials engineering amorphous solids
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications mobile phones
- social sciences economics and business business and management employment
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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.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-2 - SME instrument phase 2
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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-EIC-SMEInst-2018-2020
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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.
9830 SINT-MARTENS-LATEM
Belgium
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.