Project description
Flexible manufacturing becomes smarter
Flexible manufacturing production methods can be instrumental to ensuring businesses remain competitive in the increasingly complex global marketplace by making it possible for them to rapidly adapt to changes. OMTLAB Ltd has developed an integrated hardware and software system that offers high-precision real-time location data, enabling reliable and traceable production processes. It uses ultra-wideband (UWB) technology that is easy to install, consumes less energy and is highly operable and its efficacy has been demonstrated in pilot studies. The EU-funded SUNSTONE will upscale this system for commercialisation on a global scale. To meet market demands, it will work on the development of both the product and business plan as well as the creation of maintenance and support structures.
Objective
The aim of SUNSTONE is to increase the efficiency of flexible manufacturing processes by advanced analytics based on
real-time position data.
SUNSTONE provides high precision real-time location data tailored to reliable shop floor operation. The unique hardware and software elements integrate position data of inventory and assets into MES and ERP. SUNSTONE uses ultra-wideband (UWB) technology in disruptive way resulting in simple installation, low energy consumption and superior performance at a low price guaranteeing fast return on investment through more efficient operation for the user.
Our SUNSTONE system has been demonstrated (piloted) in relevant environments at LEAR Corp., FLEX & Foxconn and we have
signed contracts to carry out further piloting at Arconic & Siemens. Based on the findings from these pilot tests we aim to scaleup
the SUNSTONE system so it can be commercialised. To achieve this we will require business development, global maintenance and support establishment along with product development (ease of installations, prepare for mass production, SW implementation of business logic, interfaces to third party MES and ERP packages, cyber security).
We intend to scale-up our product and company so that we can provide location-based services for the manufacturing industry worldwide. We will enter the international market initially through our piloting partners and ensure growth by involving integrator & distributor partners (we already have agreements).
According to our piloting findings our disruptive SUNSTONE system will increase the overall efficiency of flexible manufacturing by 15% resulting in fast return on their investment of our affordable technology. The uptake of the technology will ensure profitability in the first year, a breakeven on our investment in 2 years and doubling our company size in 3 years.
Fields of science
Keywords
Programme(s)
Funding Scheme
SME-2 - SME instrument phase 2Coordinator
1115 Budapest
Hungary
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.