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RTExD

Intelligent acoustic sensor for real-time monitoring of large infrastructures

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 RTExD project word cloud

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

break    driver    installing    million    commersialization    sensor    boosting    replacing    considering    2025    purchasing    insufficient    rtexd    structural    urgent    fatalities    left    detector    time    intelligence    event    collapse    combining    profit    effectiveness    instead    events    prevent    aging    43    wind    learning    failures    acoustic    civil    correct    companies    examples    catastrophes    bridge    2018    layer    28    11    return    damages    engineering    ai    infrastructures    turbine    first    chain    manifested    managers    genoa    maintenance    external    600    2026    9    predictive    demand    save    complection    deaths    size    7million    200    market    predict    environmental    infrastructure    estimate    healt    autonomous    willl    voiced    securaxis    domain    cumulative    industry    owners    predicted    governmental    billion    giving    efficient    bigger    construction    revenues    mangers    3mw    shm    financial    private    2019    home    caused    times    errors    detect    public    catasrophic    monitoring    stakeholders    acosutic    1    investment    customers    artificial    solutions    structure   

Project "RTExD" data sheet

The following table provides information about the project.

Coordinator		 SECURAXIS SA 

Organization address
address: ROUTE DE MON-IDEE 151
city: VANDOEUVRES
postcode: 1253
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]
 Project website https://securaxis.com/
 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  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SECURAXIS SA CH (VANDOEUVRES) coordinator 50˙000.00

Map

 Project objective

The bridge collapse in Genoa (2018) caused 43 deaths, left 600 without home, and cost €200 million to the EU. This is one of many examples of catasrophic events that cause fatalities, financial and environmental damages due to aging infrastructures and insufficient Structural Healt Monitoring (SHM) solutions. Thus, authorities, owners and maintenance managers of large infrastructures have voiced an urgent need for efficient, reliable, cost-effective and autonomous monitoring solutions that would be able to prevent unwanted catastrophes. This demand is boosting the growth of the SHM market – the predicted market size value is €3,9 billion by 2025, which is 3,6 times bigger than in year 2019 (€1,1 billion). We, at Securaxis, are developing a break-through technology combining predictive real-time acoustic monitoring sensor with our advanced Artificial Intelligence (AI) technology into the Real Time Event Detector RTExD. Since it is acosutic RTExD can detect infrastructure failures even before they are manifested in the external structure. Learning from them the AI layer will be able to predict when this errors willl be produce giving infrastructure mangers enough time to correct potential future failures. We target various stakeholders along the value chain of the civil infrastructures construction industry. We address customers in the public and the private domain and they range from infrastructure owners, and engineering companies to governmental authorities. Cost-effectiveness will be the main purchasing driver for our customers – installing RTExD on a wind turbine (3MW) would save up to €6,7million instead of replacing the structure. Through the complection of the project we expect to reach €40 million cumulative revenues and €28 million cumulative profit in the first 5 years of commersialization. Considering a €2.1 million investment during Phase 2, we estimate a return of investment of 11,9% in 2026.

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

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