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TiPlate

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Industrial Titanium Plating Process for the Manufacturing of Light Weight Compos...

Industrial Titanium Plating Process for the Manufacturing of Light Weight Composite Parts Polymertal Ltd., founded in Israel in 2007 and with a multi-disciplinary team of 40, offers specialized chemical surface etching technologies that enable superior metal plating of polymers. We have created a proprietary surface et... ver más

31/07/2023

POLYMERTAL

3M€

Presupuesto del proyecto: 3M€

Líder del proyecto

POLYMERTAL LTD No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Fecha límite participación Sin fecha límite de participación.

Ver 2 Participantes

Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2023-07-31

EIC-SMEInst-2018-2020: SME instrument

I+D

Cerrada hace 7 años

0% 70% 100%

Información adicional privada

No hay información privada compartida para este proyecto. Habla con el coordinador.

2 Participantes

POLYMERTAL

1.86M€ | Lider

URBIOTICA SA EN LIQUIDACION

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Duración del proyecto: 33 meses Fecha Inicio: 2020-10-12
Fecha Fin: 2023-07-31

Líder del proyecto

POLYMERTAL LTD No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 3M€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto Polymertal Ltd., founded in Israel in 2007 and with a multi-disciplinary team of 40, offers specialized chemical surface etching technologies that enable superior metal plating of polymers. We have created a proprietary surface etching method that can produce hybrid metal-polymer components of complex geometries, using novel 3D printing techniques and metal post-treatment via a highly cost- and time-efficient industrial manufacturing process. Now, we are tackling the problem of using titanium-based parts. Because of its strength-to-density ratio, corrosion resistance and biocompatibility, titanium is highly useful for lightweight, high-strength applications (e.g. aerospace), for medical implant materials and devices and use in harsh environments (e.g. industrial). However, it cannot be cast like aluminium or iron, and it is more expensive due to its laborious and energy-intensive extraction so final costs of titanium-based parts often outweigh the benefits. To overcome this, Polymertal has developed a novel, titanium plating process called TiPlate, which allows us to manufacture lightweight, high performance, corrosion-resistant, biocompatible titanium-plated polymer components and final parts. Compared to titanium metal parts, TiPlate significantly reduces the titanium required, saving 70+% of costs and 60% of weight, while strengthening the pure polymer parts by 30-50%. We seek EIC Accelerator support for process optimization and upscaling to be able to offer the medical and aerospace industries a cost-effective alternative to the currently available options (costly machined or 3D printed titanium metal parts). We are requesting blended finance (Grant: €1.85M, Equity: €3.5M), in order to push TiPlate to the market by Q3 of 2023, generating EBT of €11M by the 5th year of commercialisation (2026). Considering total project cost of €5.35M as investment and WACC 12.5%, we have an NPV of €2.57M and IRR of 19.8% from 2020 to 2026.

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