Objetivo ETHER NDE Limited aims to commercialise PRECISE, an eddy current technology based inspection product for pipelines. The PRECISE device enables fast inspection of bond integrity, calculation of remaining wall thickness, examination of different pipe geometries, and inspection of non-steel and bare steel pipes. PRECISE technology eliminates the need to purchase multiple devices for inspection of pipeline assets, as the technology is able to inspect through every composite material used to reinforce pipelines. PRECISE will help prevent spillages from happening through early non-destructive detection; potentially preventing serious disasters and will reduce the negative impact of 280 gas leaks per year resulting in over €100 million in damages.The objective of this project is to perform Phase 1 feasibility study will allow us to analyse the technical feasibility assessment and evaluate the commercial potential of PRECISE product that we want to commercialise and exploit in the NDT inspection market by taking advantage of already validated system at TRL6. During this feasibility study we will perform risk assessment, market studies, intellectual property assessment and business planning with the ultimate goal to commercialise and introduce PRECISE product on the market, through innovation in key enabling technology as Eddy current.Our targeted market of NDT inspection services sector generated €295.4 million in revenue in 2012 and is expected to generate €494.4 million in 2017 with a CAGR of 10.9%.Realistically, it is estimated that our turnover through PRECISE commercialisation will reach over €8.5M by 2023, generating profits of €6M in the same year creating 14 new jobs extra for us by 2023.Considering we are Eddy current based product specialist company, this product is aligned with our strategy of business growth and competitiveness.It is our strong belief that the SME instrument is the ideal financial instrument for us to accelerate commercialisation of PRECISE. Ámbito científico engineering and technologymaterials engineeringcompositesengineering and technologyenvironmental engineeringenergy and fuelsfossil energynatural gasengineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringsensorsnatural sciencesmathematicspure mathematicsgeometry Programa(s) H2020-EU.3.5. - SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Tema(s) SMEInst-11-2016-2017 - Boosting the potential of small businesses in the areas of climate action, environment, resource efficiency and raw materials Convocatoria de propuestas H2020-SMEInst-2016-2017 Consulte otros proyectos de esta convocatoria Convocatoria de subcontratación H2020-SMEINST-1-2016-2017 Régimen de financiación SME-1 - SME instrument phase 1 Coordinador ETHER NDE LIMITED Aportación neta de la UEn € 50 000,00 Dirección ENDEAVOUR HOUSE 18 BRICK KNOLL PARK ASHLEY ROAD AL1 5UG ST ALBANS HERTFORDSHIRE Reino Unido Ver en el mapa Pyme Organización definida por ella misma como pequeña y mediana empresa (pyme) en el momento de la firma del acuerdo de subvención. Sí Región East of England Bedfordshire and Hertfordshire Hertfordshire Tipo de actividad Private for-profit entities (excluding Higher or Secondary Education Establishments) Enlaces Contactar con la organización Opens in new window Participación en los programas de I+D de la UE Opens in new window Red de colaboración de HORIZON Opens in new window Coste total € 71 429,00