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Full Stack Digital Plant Scan and Work

Project description

Improving design and manufacturing of cars and aircraft through digital twins

In the aerospace and automotive industries, ensuring that aircraft and cars have the utmost levels of reliability and safety is critical. Physical prototypes are normally expensive and time consuming to construct. Expensive simulation software is another option for testing certain constraints or parameters, but are often not aligned with the real engineering needs. The EU-funded SCAN and WORK project is enabling Portugal-based company Infinite Foundry to build a first-of-its-kind cloud platform that will enable users to create digital twins of manufacturing facilities as well as test the design of the virtual products. Access to 3D scanning will reduce the need for costly hardware. This coupled with the pay-as-you-want pricing scheme will create added value for customers.

Objective

Automotive and aerospace companies manufacture time-consuming and expensive physical prototypes for testing. Alternatively, expensive design and simulation software can be used but is often out of alignment with real engineering needs.
Our solution is the first cloud platform where users can make digital twins of manufacturing facilities coupled with 3D design and browser virtual product simulation. The added value to customers is cloud access to 3D scans with multiple key software packages, no full ownership costs, no need for own hardware with pay as you need pricing.
Customers: all manufacturing/construction value chain players involved in product design: OEMs (Original Equipment Manufacturers), their Tier 1 and 2 suppliers, down to all small companies and individual designers/workers.
Strategy: offer services online, assessible worldwide with transparent pricing. The prototype is TRL 7 validated by e.g. OEMs Mercedes and Volkswagen with MAN and Hyundai in the Advisory Board.
Business model: IT service implementation fee, clients pays either: one-off payment; monthly fees or a commission. In average, we charge 1,5€ per square meter. For each core-hour we charge 1€; 1 core-hour is 1 software package running for 1 hour in 1 computing core. We buy software licenses and computing cloud to sell core-hours of computing, fractioning fixed costs into hourly computation units.
We raised 500K€ early stage funding from investors Carl Geallad and KIC Innoenergy and 121.5K€ grant from the Portuguese Environmental Fund. Our team has manufacturing and automotive industries insiders; founders have more than 15 years of experience in automotive and aerospace engineering.
Manufacturing and construction building design and simulation software global market was 6.26 B$ in 2017 and is estimated to reach 13.45 B$ by 2022. We expect accumulated sales of 46.3 M€ until 2023.
The feasibility study goal is to create a global go to market plan and prepare worldwide expansion.

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Topic(s)

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Funding Scheme

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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

INFINITE FOUNDRY LDA
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
CENTRO DE INCUBACAO E ACELERACAO DE PORTUGAL GLOBAL RUA PAULO DA GAMA 629
4150 589 PORTO
Portugal

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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
Continente Norte Área Metropolitana do Porto
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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