Periodic Reporting for period 1 - Modula (The world first industrial full electric actuator to drive the transition to sustainable electric solutions in the manufacturing industry)
Berichtszeitraum: 2019-08-01 bis 2020-01-31
Business Feasibility:
- Market Analysis
- Competitive Analysis
- Stakeholder Analysis
- Definition of the Business Model
- Definition of Marketing & Commercialization Strategy
- Economic and Financial Projections
Technical Feasibility:
- Field tests
- Cost Benefit Analysis
- Definition of the Bill of Material
The field tests allowed us to validate the performances of our product. The business feasibility study allowed us to validate the profitability of our solution.
- Economic benefits: Our end-users, which are packaging and food processing companies, will achieve great savings, as Modula will offer an increased productivity, a dramatic reduction of energy costs and will minimize the maintenance costs.- - Environmental benefits: Compared to standard pneumatic actuators, Modula actuators can reduce the energy consumption of a packaging machine up to 75%.