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Modula SIGNED

The world first industrial full electric actuator to drive the transition to sustainable electric solutions in the manufacturing industry

Total Cost €

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EC-Contrib. €

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Partnership

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 Modula project word cloud

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

precision    food    industrialization    alternatives    customers    tech    canton    leakages    sold    device    links    sense    komp    primarily    co    integrate    move    packaging    company    full    engineer    chain    solution    workhorse    environmental    specifications    successful    pave    extensive    first    limited    plays    round    linear    line    senior    initial    push    act    automation    modula    hydraulic    ebitda    vaud    demonstrator    generating    industrial    though    assembly    few    25    transition    experts    manufacturing    machinery    concluded    units    solutions    electric    rotate    lag    actuator    benefit    weight    stage    roadmap    pull    founded    size    market    actuators    managers    facilities    productivity    pneumatic    energy    plant    weakest    sustainable    turnover    30    standard    infrastructure    lack    industry    revolution    2023    technologies    pilot    seed    expensive    manufacturers    35m    headaches    frequent    derive    introduce    incorporated    innovation    collect    modern   

Project "Modula" data sheet

The following table provides information about the project.

Coordinator
KOMP-ACT SA 

Organization address
address: CHEMIN DE LA RAYE 13
city: ECUBLENS
postcode: 1024
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 Switzerland [CH]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2020-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    KOMP-ACT SA CH (ECUBLENS) coordinator 50˙000.00

Map

 Project objective

Linear actuators are the workhorse of modern production facilities, allowing to move, rotate, push, pull, product on the assembly line. Pneumatic and hydraulic actuators are by far the most adopted solutions, even though they represent one of the weakest links in the production chain. The main headaches for plant managers derive from frequent leakages, complex and expensive infrastructure, lack of precision and high energy cost. Electric actuators are seen as a potential revolution in the field, but lag behind the alternatives due to very high cost, size and weight, which allow their use only in few limited applications. KOMP-ACT, a high-tech company founded by senior experts in industrial automation, has developed Modula, a unique cost-effective electric actuator which will enable the transition from the current pneumatic and hydraulic technologies to sustainable electric solutions for increase of productivity as well as for environmental benefit. We have co-developed the solution with our initial target end-users, which are primarily manufacturers of food processing and packaging machinery, to help them transition from pneumatic/hydraulic to electric technologies. We are now at a stage of the development roadmap where industrialization plays a key role. In this sense, we need to integrate the demonstrator in real production facilities, collect a full set of requirements and specifications by end-users for industrialization and engineer the device for large scale manufacturing (Phase 1), which will pave the way to extensive pilot testing and go-to-market (Phase 2). The successful development of this innovation project will allow us to scale-up to reach 100,000 units sold by 2023, generating a turnover of 35M€ and an EBITDA of 25% - 30%, in line with the standard in this industry. KOMP-ACT is incorporated in Canton Vaud and have concluded an initial pre-seed round which will allow the company to introduce its first products to early customers.

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

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