Introduction of innovative product in the production programe of "Armar Corporation General Technical Co-operation" Ltd

The project proposal is targeted at putting in production innovative product related to defense (PSO) developed by "Armar Corporation General Technical Co-operation Ltd. (Armar). The innovative product, which will be introduced through the project is PSO ARMBLAST THERMOBARIC - TB, developed by "Armar" and protected with Certificate for registration of utility model № 1683 issued by the Patent Office of the Republic of Bulgaria on 30th of April 2013. In order to implement the PSO in production, the company needs to purchase specialized manufacturing equipment and specialized software to enable the manufacturing process of key components of the proposed innovative product. The subject of investment under this project are: CNC lathe-1pc., Four-axis vertical machining center-1pc., Workstation-1pc. and Specialized software product-1pc. The described assets will allow the production team of the company to produce the details of the innovative product. The product itself is unique worldwide. The innovative PSO is a weapon system for single use type "grenade launcher", adjacent to the family of the dynamo-reactive systems, with a pronounced anti-terrorist orientation. The system is a mechatronic device which is equipped with mechanical, electrical, chemical, ballistic and optical parts, actuators, triggers and others which fall under the "Mechatronics and clean technologies" Thematic Objective of the Innovation Strategy for Smart Specialization (ISIS). Following the project implementation, "Armar" will offer on the market an innovative product with unique technical features and applicability intended to be used for peacekeeping special forces operating in urban areas such as police, counterterrorists and so on, directly involved in the preservation of public order and security.

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Overview

Status Terminated (termination date)
Start date 18 Jan, 2017
End date 18 Jul, 2018
Contract date 18 Jan, 2017
View in UMIS

Financial information

Total cost 429,325.92
Grant 386,393.33
Self finance 42,932.59
Total paid 0.00
EU participation percent 85.0%

Location