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Business scale up of an AI tool for the optimal design of power converters

Project description

Design optimisation software will speed delivery of power systems for tomorrow's innovations

Magnetic components are essential parts of power electronics. However, they are perhaps among the least understood, and their design is often neglected until the end of the design cycle. This can result in significant delays in the delivery of new power electronics for new products, often with unsatisfactory results. The Spanish SME SP Control Technologies has developed software to optimise the design of magnetic components and to do so within a few hours rather than over several months, essentially eliminating the design bottleneck created by current methodologies. The market potential is huge. The EU-funded FRENETIC project is helping in the scale-up and testing of the technology and business model in a real operating environment, paving the way for its commercialisation.

Call for proposal

H2020-EIC-SMEInst-2018-2020-3
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Funding Scheme

SME-2b - SME Instrument (grant only and blended finance)

Coordinator

SP CONTROL TECHNOLOGIES SL
Address
Rios Rosas 36 3D
28003 Madrid
Spain
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 1 061 375