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VEKOP-2.1.1-15-2016-00004

Hungarian Government European Regional Development Fund Széchenyi 2020

Development of the first member of the MAXES machine tool family, along with the NCT 300 control family and its peripherals at NCT Zrt.

Amount of support: HUF 293,928,950
Support intensity: 35.19%
Beneficiary: NCT Ipari Elektronikai Zrt.
Project ID: VEKOP-2.1.1-15-2016-00004
Physical completion date: 30 November 2018

Our company, NCT Ipari Elektronikai Zrt., was awarded HUF 293.93 million in non-repayable funding under the Competitive Central Hungary Operational Programme, within the “Support for companies’ R&D&I activities” call, as part of the Széchenyi 2020 programme. The investment—exceeding a total budget of HUF 835 million—will enable the development of the first member of a new machine tool family, as well as the related NCT 300 control family and its peripherals at NCT.

The field we work in is one of the most complex and demanding areas of electronics in terms of quality and precision. NCT has become Hungary’s leading company in machine tool manufacturing as well as industrial electronics R&D and production.

Through continuous development over the years, we have been creating CNC machine tool control systems and product families that help Hungarian SMEs ensure their day-to-day operation—whether in custom production or series manufacturing. These companies cover a wide range of industries, including automotive, energy, precision mechanics, machine manufacturing, and many other industrial areas. The success of our continuous and thorough product development is best demonstrated by the fact that to date we have sold nearly 5,000 of our own control units worldwide.

Our project is a complex development programme. It includes the complete design of the machine tool up to manufacturing the prototype, as well as the development—up to prototype production—of an entirely new electronic system (hardware and software) capable of controlling and supervising this sophisticated machine tool, from digital technology through power electronics to motors. At the end of the project, the machine tool will be presented with control technology that can demonstrate its capabilities.

We intend to implement our project within the Széchenyi 2020 programme, VEKOP-2.1.1 call, with HUF 293.93 million in non-repayable support.