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CORDIS

Modular Intelligent Hydraulics

Objective

HYDRONIT is a company established in 2003 whose core business focuses on research, development and production of smart modular hydraulic power packs and relevant components for the mobile industry, for which we strive for excellence. We operate in 50+ countries with daughter companies located in China, the UK and the US. Our passion for hydraulics power and our commitment with our customers let us reach €4 million turnover in 2015, 60% of which coming from exports (as of 2016Q2, we project 10% growth for 2016, which will let us achieve €4.4 million turnover).Hydronit has always pursued a full new concept of hydraulics consisting on building modular solutions that integrates all necessary pieces of knowledge (electric/electronics on top of hydraulics), removing the need to resort to multiple subcontracts to produce the final equipment. Following this philosophy, we have been developing MIDRAULICS, a programmable intelligent mini and micro power pack for the mobile industry (e.g. industrial, construction and agricultural vehicles and equipment). MIDRAULICS will provide our customers in the mobile application sector: 1. Full control distribution of hydraulics (100% compared to conventional systems with no integrated control); 2. Total safety thanks to a better control of the solution components and power; 3. Huge energy saving, as a results of the following factors: 86% less material for wiring; 10 % electric power savings in on-off applications thanks to start stop features; 30% electric power savings in variable speed applications through use of Inverters and AC motors.4. Environmental friendliness, thanks to Metal reduction (no need for sensor housing) and Cable reduction (through use of wireless communications) Thanks to MIDRAULICS, we expect to generate about €6.87 million accumulative revenues during the first 5 years of business (conservative scenario), achieving a RoI ≥ 1.58.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

HYDRONIT SRL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 903 366,63
Address
VIA PASTRENGO 62
20814 VAREDO
Italy

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Nord-Ovest Lombardia Monza e della Brianza
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 290 523,75
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