Periodic Reporting for period 1 - Tolka Pro (Manual Assistant (hand for upper limb disability) – a new approach designed to restore user's manual capabilities.)
Período documentado: 2019-11-01 hasta 2020-04-30
(2) We decided on force feedback in the planned version; We have planned activities plan for the development of the online platform and Android and iOS apps.
(3) We have performed market research, including benchmarking of competitive products/services identifying products pricing and verify the market defined markets.
(3) We have verified the existing IPR strategy and assets, including FTO and performing 5-year IPR strategy in cooperation with a patent attorney. We have Investigated and analysed legal conditions (mostly regulatory) in the selected target markets and prepared the IP protection strategy.
(4) We have taken actions to update relations with our existing and potential partners to address vBionic value chain, and partners requested for demonstration activities in possible phase 2 (EIC Accelerator).
(5) We have updated our business plan.
As defined in the SAM sizing, the existent market on a yearly basis counts 24.5k people who are seeking a solution. The resulting SOM in a 5-year span is ~ EUR 27.6M.