Periodic Reporting for period 1 - FASTSCALE (Fast-Beam - Novel modular repair and newbuilding system for concrete bridges)
Reporting period: 2016-12-01 to 2017-05-31
Fast Beam is a rapidly growing SME operating in the field of bridge repair and building. The company has developed a modular repair system for concrete bridge edges, with clear, demonstrated benefits compares with the traditional methods: e.g over 50 % reduction in labour, over 50 % reduction in net work duration and up to 90 % reduction of non-recyclable waste. Fast Beam’s game changing system innovation will offer construction value chain participants significant savings in time and cost, better ROI & productivity and sustainability as well as improved safety & ergonomics. The global market potential for Fast Beam’s patented system is vast, and the company is now ready to make a market entry into European countries. FASTSCALE project studied the bridge repair market particularly in Germany and the Nordic countries. Major barriers for market entry to these markets were not discovered during the study.