MACHINE VISION (EGFF)

The project concerns the company's development of event-based sensing technologies and applications in the areas of Industrial Automation, Consumer Electronics and VR/AR and Autonomous Driving solutions. The investments include the relevant RDI activities and capital expenditures for the development activities.

The main objectives include development of: * Sensor hardware; * Processing software, including artificial intelligence (machine learning) functionalities; * Reference applications in the areas of: - industrial automation. - automotive. - consumer applications and IoT. Capital Expenditures include primarily investments for masksets for the production of integrated circuits for R&D and small demo production series.

All project activities take place in existing locations. R&D activities are not listed in any annexes of the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Also, the capital investments concern primarily equipment and tools that do not require any environmental assessment or authorisations either.

The Company is a private sector company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU Public Procurement Directives. Nevertheless, the procurement policies and the supply management characteristics as presented to the Bank are considered acceptable.