Periodic Reporting for period 1 - NRGDriver (A breakthrough LED driver that brings a smaller, cheaper, lighter and more environmentally friendlysolution to the LED lighting industry.)
Reporting period: 2018-01-01 to 2018-04-30
While major advancements have been made in the LED itself, still all drivers are based on the concept of a switched-mode power supply and little progress been made in this area.
NRGLed uses a novel approach to manage power and temperature of LEDs. A way that reduces the amount of components, the size, the cost of LEDs. Less components means a longer lifetime and improved energy efficiency.
To be commercialised NRGDriver requires the CE-mark and compliancy with the Low Voltage Directive. Pre-commercial trials were defined to help the company to prove its efficacy and to secure potential customers. The results of the trials will be communicated as a strategy to gain market traction.
NRGLed analysed in detail the go-to-market strategy and the customer segments to define the approach for accelerated and effective market uptake. The company selected Netherlands, Benelux, Germany, Denmark and UK, as the first target market, thanks to existing contacts with potential customers that the company has and the market traction of these countries in the lighting industry.
Considering the result of the feasibility assessment, it is worthy to follow up with the implementation of an industrialization and commercialization plan. The Phase 2 SME Instrument funding has been identified as a suitable funding solution.