Xtend
Financiado
Xtend Extending Reality Skywards
Coupling high-end drones with forefront computing technologies like the augmented/virtual/mixed reality opens up unprecedented possibilities in several fast-growing sectors like public safety and security, construction and industr...
Coupling high-end drones with forefront computing technologies like the augmented/virtual/mixed reality opens up unprecedented possibilities in several fast-growing sectors like public safety and security, construction and industrial inspection, entertainment, to name just a few. Currently, there are several companies worldwide offering technologically advanced solutions for drones or VR/AR/MR reality, but little to none is able to merge the best functionalities of both technologies like we did at Xtend Reality Expansion Ltd. Indeed, our breakthrough innovation comes from the development of a disruptive drone-based extended reality technology that combines virtual elements into real-life environments offering a unique mixed reality experience. Firstly addressed, in the short-term, to the Public Safety and security market, Extender will provide an unprecedented opportunity to improve productivity and safety of operators, enhancing 360° real-time visualization and data-analysis, ultimately allowing for more effective and informed decision making. Our solution is at TRL6 and we aim to scale it up to TRL9 to commercialize the platform with top performance ratings from end-users and stakeholders by 2021. By applying to Phase 1 SME Instrument, we aim to carry out a feasibility study to verify the technical, commercial and financial viability of our solution and develop a business plan to drive its successful market uptake. Indeed, according to our realistic trading projections we will achieve approx. €12M total revenues by the 5th year (ROI = 3) counting on the rapid expansion both drone and immersive reality technologies are experiencing.
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Duración del proyecto: 6 meses
Fecha Inicio: 2019-12-02
Fecha Fin: 2020-06-30
Fecha Fin: 2020-06-30
Línea de financiación: concedida
El organismo H2020 notifico la concesión del proyecto el día 2020-06-30
Línea de financiación objetivo
El proyecto se financió a través de la siguiente ayuda:
EIC-SMEInst-2018-2020:
SME instrument
Cerrada
hace 6 años
Presupuesto
El presupuesto total del proyecto asciende a
71K€
Líder del proyecto
XTEND REALITY EXPANSION LTD
No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico
TRL
4-5
Perfil tecnológico
TRL
4-5
885.90K€ |
Participante