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AUTOSTRAP

AUTOMATIC STRAPPING SYSTEM FOR UPHOLSTERED FURNITURE

Total Cost €

EC-Contrib. €

Partnership

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AUTOSTRAP project word cloud

Explore the words cloud of the AUTOSTRAP project. It provides you a very rough idea of what is the project "AUTOSTRAP" about.

introducing prolong niche reduce export longlasting return quality revolutionize preliminary through robotic 2022 revenues projections impliying 44 lost labour multiply upholstered position automated million benefited innovative aequs boost deployment lifetime countries strapping 12 40 worldwide roi solution 15 first furniture recover full autostrap compete 22 market cell investment reducing manufacturers besides company

Project "AUTOSTRAP" data sheet

The following table provides information about the project.

Coordinator	AEQUS INGENIERIA SL Organization address address: PARQUE EMPRESARIAL PORTO DO MOLLE, RUA MANDELA S/N NAV, 7C city: NIGRAN PONTEVEDRA postcode: 36350 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Spain [ES]
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.2.1.5. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing) 2. H2020-EU.2.1.3. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials) 3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument) 4. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
Code Call	H2020-SMEINST-1-2016-2017
Funding Scheme	SME-1
Starting year	2016
Duration (year-month-day)	from 2016-08-01 to 2016-11-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	AEQUS INGENIERIA SL AEQUS INGENIERIA SL Organization address address: PARQUE EMPRESARIAL PORTO DO MOLLE, RUA MANDELA S/N NAV, 7C city: NIGRAN PONTEVEDRA postcode: 36350 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (NIGRAN PONTEVEDRA)	coordinator	50˙000.00

Map

Project objective

Through AUTOSTRAP our company, AEQUS, aims to revolutionize the European furniture market and contribute to boost its growth by exploiting and developing the niche market of upholstered furniture, introducing a full automated strapping solution through a robotic cell. Driven by the needs of European furniture manufacturers based on increasing production and reducing costs to compete with low labour costs countries, AUTOSTRAP is the solution because will multiply production per 9 and will reduce production costs in a 40%. Besides, end-users will be benefited with a better quality and longlasting product that will prolong its lifetime from 10 - 12 years to 20 - 22 years. We want Europe to recover its lost position in furniture production and export with a high-technology solution, that will allow to recover its innovative position worldwide.Our preliminary projections of the market deployment of AUTOSTRAP in 2022 show a Return on Investment, ROI, of 3.44 for the first five years, impliying revenues of € 15.9 million for our company.

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The information about "AUTOSTRAP" are provided by the European Opendata Portal: CORDIS opendata.