The feasibility study presents a detailed plan to qualify and produce an Analog-to-Digital converter for high-reliability applications in sectors such space, aeronautic, automobile or medical instrumentation. 2SE-ADC14150 is a high-speed, high-resolution converter whose features place it at the forefront of state-of-the-art ADC for high-reliability applications. The main advantages of the product compare with the in the high reliability space market are the on-chip self-calibration, the power efficiency, the reconfiguration capability to operate at several sample rates, the radiation hardness, the SoC design in CMOS technology , which makes our product the current ITAR-free ADC with the best performances at a competitive price in the market.
2SE has performed an economic study of the project to foresee the financial effect of the product commercialization. The financial projections show a very positive impact on the business development of 2SE. Concretely, it is foreseen that the product will generate only for the space market a turnover of 10M€ for the year 2025, year of consolidation in the market, with an Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) of 6.7M€.
Analysing the study developed during these last months, the conclusions about the impact of the 2SE-ADC14150 development and commercialization are:
• The 2SE-ADC14150 will strengthen the 2SE position in the space market niche and will also enable 2SE to access other interesting sectors like aeronautic, automotive, small-satellite, medicine, etc. The access to these markets is driven by new application fields, which have been appearing in the last decade where system designers need a higher level of quality and reliability than COTS (Commercial off-the-shelf) with a low-cost enough for wide use. Thus, the high-reliability markets are demanding a new line of IC products with a new qualification level for high reliability applications denoted by Enhanced Products. These product lines offer integrated circuits with enough quality and reliability for determined space and aeronautic applications (for instance, small satellites and the AQEC standard respectively) mitigating the risks that the avionics and space markets faces with COTS integrated circuits.
• The socio-economic impact generated by the 2SE-ADC14150 will be focused on the impulse of the growth of our company, making possible the expansion to other markets, the development of new product lines of the 2SE business roadmap and the consolidation of a high-skilled staff, which will be structured in the design, production and commercial department. In more general terms, we will also be positively impacting some of the most strategic European industries, by providing them with high-performance ITAR-free products at very competitive prices, and reducing the commercial dependence on non-EU suppliers.