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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.

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

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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