In this period of time, we have advanced from prototype TRL 4 to TRL 6, we have contacted and we have reached commercial agreements, financial agreements and recruitment of suppliers to activate the necessary development plan for our project. All the weaknesses, strengths and opportunities of "HOP" have also been studied.Technical viability assessment:
We optimized HOP to TRL6. We worked together with technology validators and robotics experts in order to clarify the requirements from technical and usability standpoints. We designed a product allowing an easy market uptake by VAR companies. Also, we developed our first printing material who was design for our system.
Commercial viability assessment:
We update the business plan based on: user’s segmentation, pricing strategy and market trends. We studied the market to weigh up the benefits and cons of each of the routes to follow (patent, utility model or trade secret). On this basis, we had elaborated the best IP protection strategy to maximise its commercial exploitation.
Financial viability assessment:
We work with experts to account and assign the required resources for scaling up HOP till TRL9 by 2021. A financial analysis of the proyect and it's scalability led us know to update and build an economic forecast for the first 5 years of commercialisation.