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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.

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

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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