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The first magnetic angular sensor which integrates high accuracy for high rotational speed

Project description

An unparalleled magnetic angular sensor at a fraction of the cost of others

Magnetic angular position sensors are widely used in the automotive industry in anti-lock braking systems and engine control management systems, and they are important to other industrial and research applications as well. Most magnetic angular sensors are currently expensive and either very fast or very sensitive but not both. The Swiss SME Senis has developed FAMAS, a pioneering magnetic angular sensor with incredible performance at less than half the average price. The EU-funded FAMAS project is helping the team prepare for commercialisation, with an initial focus on the very large and promising automotive sector.

Objective

SENIS is a Swiss company founded in 2004, which develops and sells extremely accurate and stable CMOS based Hall sensors and magnetometers for industrial and academic test & measurement applications, among others in the automotive and consumer electronics market. Over the last two years SENIS has worked on developing FAMAS, a disruptive integrated magnetic angular sensor which overcomes the main limitations of existing solutions in the market: they are either very fast or very sensitive and at high cost. FAMAS is a magnetic angular sensor with the highest magnetic resolution (<1uT), the largest frequency bandwidth (up to 300 kHz), a very fast response (<1us) and very high resolution (<0.1°) at the highest rotational speed (200,000 rpm) with the lowest price in the market (1.40€ vs. 3.20€ average price). FAMAS is based on SENIS patented invention, EP 16157316- Angle sensor and method of measuring an angle of a magnetic field.
FAMAS target is to disrupt in the magnetic field sensor market for the transportation industry, which is the largest segment for type of sensors, with a wide range of applications in it: anti-lock braking systems and engine control management systems among others. This market segment is expected to reach €475.47 million by 2023 only in Europe. SENIS already counts with great expertise, contacts, and client portfolio in this segment where we expect sales of several million chips annually by direct sales to end customers and through licensing our product. We have estimated a accumulative profit of €10.86 million during the first five years of commercialisation, a Return of Investment (ROI) of 7.8 by 2025 and the generation of 10 new direct jobs. Successful completion of FAMAS and its commercialisation will allow SENIS to reach the next significant step in the company’s development and become a game changer in the magnetic angular sensor market.

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Programme(s)

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Topic(s)

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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.

SME-1 - SME instrument phase 1

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Call for proposal

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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Coordinator

SENIS AG
Net EU contribution

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.

€ 50 000,00
Address
HERTIZENTRUM 11
6300 ZUG
Switzerland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Schweiz/Suisse/Svizzera Zentralschweiz Zug
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 71 429,00
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