Periodic Reporting for period 1 - Joysteer 3.0 (A New Drive-by-Wire Technology for People with Disabilities and Industrial Applications)
Período documentado: 2018-03-01 hasta 2018-06-30
In addition, the automation trend is pushing original manufacturers (OEMs) towards the implementation of new systems that enable highly-automated & autonomous vehicles (AV) to remove workers from risky off-highway applications (e.g. construction, mining, agriculture-forestry, airport handling, rescue, etc.)
joysteer 3.0 is our novel DbW system offering the best drivability, safety and reliability standards for the steer, brake and gas functions of vehicles. The joysteer3.0 project aims at providing a technology modular system that guarantees maximum reliability and safety (very fast reaction to inputs, redundancy) so that it: 1) overcomes the drawbacks of current adaptive solutions and provides modules to also control secondary functions; and 2) provides the ‘arms’ of the driving system in AV
Commercially, we have confirmed the willingness-to-pay of car adaptation companies. We found that the high interest in AV and teleoperation will drive the demand for projects to customize joysteer3.0 to industrial applications with OEMs. Finally, we have engaged our usual partners for distribution and for dissemination of the project results in these regions. Likewise, we have secured the support of important companies in our supply chain.
joysteer3.0 will mean a major milestone in the company’s strategy: it will open a new business field of industrial application for teleoperated and autonomous vehicles and improve drastically our cost structure. In the first five years of commercialization, we expect an accumulated EBITDA of €10.87 M and will employ some 8 new FTE jobs.