During the SME Instrument Phase 1, we covered the technical, commercial and financial feasibility of POWDER.
In the first part, we analysed the status of the technology validation and performed fundamental tests. First, we obtained a first powder formulation by iteratively improving a commercial powder. Then, we showed that our powder can be effectively used to print mould prototypes whose mechanical properties are suitable for the moulding process. Finally, we used mould prototypes to simulate the production of plastic items, showing the expected benefits of 3D-printed moulds in comparison with conventional ones. As a result, we defined the work plan for the development of our innovation. The production of various powder types, the adjustment of the manufacturing process and the physio-chemical/mechanical characterisation of moulds were identified as technical priorities within POWDER.
In the second part, a summarized analysis of the target markets is presented for the main applications of POWDER. The competing solutions and companies are introduced, and the value chain is shown. We included an update as well on the commercialization plan. The IP management strategy is explained and the results of the Freedom to Operate are summarized.
In the third part, a summary on the financial viability assessment is shown that establishes the budget necessary for the development of the RB powder and moulds, and the revenues and expenses projections for the next five years.