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Robotic Production of EPS Formwork for cost-effective Concrete Stairs

Project description

Innovative technology for concrete stairs construction

The construction of formwork for staircases is costly and time-intensive, and it generates considerable amounts of timber waste. Today the use of robotics in construction is on the rise offering faster, money-saving and waste-reducing solutions to construction firms. Odico A/S is a pioneer in robotics on an international level and has developed and undertaken over 250 robot manufacturing projects in six countries. The EU-funded SMARTSTAIR project proposes an innovative solution developed by Odico that enables concrete staircase construction 64 times faster than existing technology, significantly reducing costs and waste generation. The solution is a full-feature robot production system that comprises an industrial robot, a proprietary wire-cutting device and an innovative robot control software all assembled in an Internet-of-Things platform.

Objective

Founded in 2012, Odico A/S is an international pioneer in the emerging field of ro¬botics for the construction industry. In 2014, Odico became the first company in the world to produce form¬work (i.e. molds for concrete casting) with robotic hotwire cutting and Expanded Polystyrene (EPS) blocks for a commercial project – the iconic Fjordenhus in Vejle (Denmark) designed by the world-famous artist Olafur Eliasson. We have completed over 250 robot manufacturing projects in 6 countries, in¬cluding several high-profile construction projects, such as the Opus Dubai building.
Today, producing formworks (i.e. molds) for a typical concrete staircase takes up to 4 person-days. Our SmartStair innovation will do this in under 30 minutes; 64x faster than existing technology. SmartStair is a containerized, full-feature robot production system developed by Odico and currently patent-pending. It replaces non- value-added manual work and enables concrete manufacturers to slash formwork manufacturing costs by up to 88%.
The system comprises a) an industrial robot with b) a proprietary wire-cutting tool, c) groundbreaking robot control software developed by Odico, and, d) all assembled in a containerized Internet-of-Things (IoT) platform. With the easy-to-use SmartStair App for iPad, the concrete pre-manufacturer designs the formwork according to project specifications, in just a few minutes.
SmartStair addresses our customers’ severe pain points: building formworks for staircases is expensive, time-intensive and generates +100M tons of timber waste annually in Europe alone. The market opportunity is massive. Our Total Addressable Market is €2.13Bn and will reach €2.48Bn by 2026 at a CAGR of 5%. We aim to rapidly penetrate this market by introducing a far superior technology. Through our hardware + software licensing business model, we expect a market share of 1.8% (of Serviceable Available Market), a turnover of €23.5M EBITDA of €6.5M and headcount of 87 people by 2025.

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Programme(s)

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Topic(s)

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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-2 - SME instrument phase 2

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Call for proposal

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(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

ODICO A/S
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.

€ 947 971,50
Address
OSLOGADE 1
5000 Odense
Denmark

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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
Danmark Syddanmark Fyn
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.

€ 1 354 245,00
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