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High-speed data-processing software framework that speeds up and streamlines processes in the space, aerospace, robotics and IoT industries

Project description

A powerful generic software tool to build software applications on

A software framework is an abstraction in which software providing generic functionality can be selectively changed by additional user-written code. As such, it provides a standard way to build and deploy applications. Simply put, it is skeleton software written to help you be productive. The EU-funded Klepsydra project is developing an easy-to-use and accessible software framework for the space industry, as well as robotics, aerospace, autonomous vehicles and the Internet of Things. In fact, the project expects the software framework to reduce the development times by half and speed up data processing by 40 %.

Objective

Klepsydra is a friendly and accessible software framework aimed at building high performance and quality space, robotics, aerospace, autonomous vehicles and IoT embedded applications. Klepsydra reduces development times by 50% and speeds up data processing by 40%.
Our primary market is the space industry, which is segmented globally. Space is a massive international market, with a market value of greater than €40B worldwide. The USA and EU budgets together represent a market of > €25B. By 2030 over 13,000 satellites will be launched , meaning it is an exceptionally fast-growing market. We have very close relations with ESA (as we are part of ESA Business Incubator Center) and with NASA.
With this project we will upgrade our current software framework and deploy our business model internationally. As a result of it, we expect a ROI of 6.3 after four years of commercialization.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

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

KLEPSYDRA TECHNOLOGIES AG
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
ROSENBERGSTRASSE 29B
6300 ZUG
Switzerland

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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
Schweiz/Suisse/Svizzera Zentralschweiz Zug
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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