Project description
Innovative process for titanium-plated polymer components
There is a wide range of industrial activities that require cost-efficient and lightweight composite parts. Israeli company Polymertal has created a surface etching method that can produce hybrid metal-polymer components of complex geometries using innovative 3D printing technology and metal post-treatment industrial processes. The company envisages using titanium-based parts because of titanium's strength-to-density ratio, resistance to corrosion and biocompatibility. However, the final costs of titanium-based parts are high. The EU-funded TiPlate project is supporting the development of an innovative titanium-plating process that permits the manufacturing of lightweight, high performance, corrosion-resistant, biocompatible titanium-plated polymer components and final parts. The project is working towards process development and optimisation, aiming to offer the medical and aerospace industries a cost-effective alternative.
Objective
Polymertal Ltd., founded in Israel in 2007 and with a multi-disciplinary team of 40, offers specialized chemical surface etching technologies that enable superior metal plating of polymers. We have created a proprietary surface etching method that can produce hybrid metal-polymer components of complex geometries, using novel 3D printing techniques and metal post-treatment via a highly cost- and time-efficient industrial manufacturing process.
Now, we are tackling the problem of using titanium-based parts. Because of its strength-to-density ratio, corrosion resistance and biocompatibility, titanium is highly useful for lightweight, high-strength applications (e.g. aerospace), for medical implant materials and devices and use in harsh environments (e.g. industrial). However, it cannot be cast like aluminium or iron, and it is more expensive due to its laborious and energy-intensive extraction so final costs of titanium-based parts often outweigh the benefits.
To overcome this, Polymertal has developed a novel, titanium plating process called TiPlate, which allows us to manufacture lightweight, high performance, corrosion-resistant, biocompatible titanium-plated polymer components and final parts. Compared to titanium metal parts, TiPlate significantly reduces the titanium required, saving 70+% of costs and 60% of weight, while strengthening the pure polymer parts by 30-50%. We seek EIC Accelerator support for process optimization and upscaling to be able to offer the medical and aerospace industries a cost-effective alternative to the currently available options (costly machined or 3D printed titanium metal parts).
We are requesting blended finance (Grant: €1.85M Equity: €3.5M) in order to push TiPlate to the market by Q3 of 2023, generating EBT of €11M by the 5th year of commercialisation (2026). Considering total project cost of €5.35M as investment and WACC 12.5%, we have an NPV of €2.57M and IRR of 19.8% from 2020 to 2026.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences chemical sciences inorganic chemistry transition metals
- natural sciences chemical sciences polymer sciences
- natural sciences chemical sciences inorganic chemistry post-transition metals
- natural sciences mathematics pure mathematics geometry
- engineering and technology mechanical engineering manufacturing engineering additive manufacturing
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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.
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.
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
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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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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.
3125320 Haifa
Israel
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.