Can somebody please explain how what's featured in the two articles below fits within the context of what SMN are working toward now? I am shocked to read they already had license agreements with Boeing and Airbus dating back to 2005 and 2007, had their system included in the Boeing testing manual etc.
So how is anything different now? Pretty confused, and really sceptical all these approvals we're awaiting will actually influence the companys revenue anytime soon.....
anyone know what's changed between now and 2005?
Airbus signs major deal for SMS crack detector
Source:
00:00 14 Jun 2005 Australian manufacturer secures record contract for structural health technology
Australian technology company Structural Monitoring Systems (SMS) has secured its biggest deal yet with an agreement with Airbus to develop its comparative vacuum monitoring (CVM) technology for an in-flight structural health monitoring (SHM) system for the European manufacturer’s aircraft.
The Perth-based company has been discussing the deal with Airbus for some time. CVM detects and monitors structural integrity through the use of an inert sensor that adheres to the aircraft or is embedded in the fuselage, a vacuum source to apply and control a low vacuum, and a fluid flow measuring device.
The sensor can detect sub-1mm cracks in metal surfaces, measure the crack, monitor bonded surfaces and the state of bonded joints, and measure crack initiation and propagation.
SMS has worked with Airbus for four years, with the CVM technology most recently being used to test materials for the A380. CVM is being used on the full-scale structural testing programme for the A380.
The joint development agreement with Airbus, which includes licence deals, is intended to lead to an SHM system by the end of 2007, but could be accelerated by Airbus to include CVM technology in existing and new aircraft, says SMS. SHM systems promise a reduction in airframe maintenance costs and human factor influences, coupled with increased aircraft availability and structural weight saving.
The Airbus deal is the latest in a number of commercial successes for the small Australian company. SMS is already working with Boeing to have CVM approved and entered into the standard practices manual for Boeing commercial aircraft, which would allow the technology to be used by all Boeing commercial aircraft operators. Technical verification work is under way with Northwest Airlines andUnited Airlines in a programme funded by the US Federal Aviation Administration. CVM is already installed on two Northwest Airlines McDonnell Douglas (MDC) DC-9s.
In addition the technology has been installed on a number of military aircraft types, including Australian Army Sikorsky Black Hawk helicopters, Republic of Singapore air force Aermacchi S211 jet trainers and MDC Skyhawk fighters and a US Navy Sikorsky MH53.
SMS recently secured an A$830,000 ($632,000) deal to provide CVM design solutions for the Pakistan air force’s FT jet trainers, Dassault Mirage III fighters and Lockheed Martin Hercules C-130 transport aircraft.
Structural Monitoring given thumbs up by Boeing
The Company is pleased to announce that The Boeing Company has agreed to include the Company's Comparative Vacuum Monitoring (CVM™) structural health monitoring technology into the Boeing Common Methods - NDT (non-destructive testing) manual.
The recognition of CVM™ in-situ crack detection sensor monitoring technology as a standard NDT method is an aviation industry world first, and represents a major breakthrough for the Company's unique technology.
As a result of this agreement the Company's CVM™ technology is available to be used as a validated means for performing some types of in-situ structural integrity inspections on Boeing aircraft, to address crack detection inspections in future Service Bulletins and as an Alternative Means of Compliance for existing inspections.
The approval represents the culmination of a comprehensive two year validation program by the U.S. Federal Aviation Administration's Airworthiness Assurance NDI Validation Center at the Sandia National Laboratory, The Boeing Company, and a number of US airlines. The program also involved departments of the University of Arizona and the University of Iowa.
This is a significant development for the Company, which can now move towards revenue generation opportunities through marketing its CVM™ technology as an approved system to the operators of Boeing commercial aircraft worldwide.
SMS and STRUCTURAL HEALTH MONITORING
The agreement by Boeing to include the Company's Comparative Vacuum Monitoring (CVM™) in the Boeing Common NDT Methods (CMN) Manual represents a major breakthrough in the commercialisation of an outstanding Australian technology.
It also represents a significant cost saving opportunity for operators of Boeing aircraft.
As an aircraft ages its inspection requirements increase. On an older aircraft mandatory inspections can represent a large and increasing portion of the operating cost. In simple terms, the value of the asset declines and the cost of ownership increases.
Traditional airframe maintenance is driven by mandatory periodic manual inspections using visual and manual electronic tool aids to check for damage to structures. The goal is to automate these inspections, to increase damage detection reliability and reduce the costs of scheduled and unscheduled maintenance inspections and aircraft downtime.
The CVMTM technology offers:
- Reduced labour cost of mandatory inspections
- Efficient and electronic reporting on airframe structural integrity
- Improved inspection reliability
- Removal of secondary inspection damage caused by current invasive inspections and replacement material costs
- Reduced down time and ground support costs
- Optimised scheduling of all other maintenance
- Increase revenue from increased operational flight availability
In August 2006 Structural Monitoring Systems entered into a commercial license agreement with The Boeing Company.
The agreement established the commercial terms and Boeing proprietary information access rights to enable the company's CVM systems to be manufactured, certified, sold and distributed by the Company to the operators of Boeing commercial aircraft.
The agreement also established the terms under which Boeing will provide technical services and assistance to SMS.
The significance of the program and the license agreement is that the CVM technology can be used to address certain structural inspection requirements in difficult, time consuming and costly access locations in Boeing commercial aircraft.
It enables access to the full range of Boeing intellectual property and support necessary to develop sensor applications, and provides the commercial framework for the sale of CVMTM sensors and systems to Boeing aircraft operators.
Structural Monitoring Systems has also entered into a Joint Development Agreement with the leading European commercial aircraft manufacturer, Airbus.
The JDA specifies that license agreements shall be entered into within the term of the agreement.
The JDA is planned to conclude by the end of 2007 but may be accelerated at the request of Airbus to enable the CVM systems to be available for inclusion into existing and new Airbus aircraft.
The objective of the JDA is, "...development of Comparative Vacuum Monitoring for an in-flight Structural Health Monitoring system."
At the conclusion of the joint development program SMS's patented CVM technology will be ready for the in-flight structural monitoring of Airbus aircraft.
The Company's CVM technology is one of the world's leading SHM technologies and offers the potential for significant cost savings in aircraft manufacture and maintenance.
SHM provides the potential to achieve the highest degree of design optimisation of airframes. The potential benefits of SHM are the minimisation of airframe maintenance costs and reducing human factor influences, together with increased aircraft availability and structural weight saving.
The JDA will see CVM systems developed to meet Airbus requirements for on-aircraft applications on both new and existing aircraft.
Airbus has been using the Company's CVM technology for five years in materials and structural testing programs and is currently using CVM on the full-scale structural testing program for the new A380 aircraft.
SMS achieved a breakthrough in the commercial aviation industry in 2006 during material testing associated with the Airbus A380.
The Company's CVM technology was successfully used by Airbus during qualification tests and provided vital information on the performance characteristics of GLARE, which is a lightweight aluminium epoxy laminate. A substantial proportion of the A380 is constructed in the GLARE material.
The accuracy of information which was provided by the CVM technology in real time had never been achieved before. This was regarded by Airbus as an historic first in the aviation industry that will lead to improved accuracy and efficiency of materials testing.
SMS and Airbus have been working in close cooperation on this challenging project to develop and use the unique CVM technology since 2001. The Company's involvement in the A380 program is continuing with CVM being used in the ongoing full-scale testing of the A380.
Entering into the JDA was a key milestone in the development of the technical and commercial relationship between Airbus and SMS.
It is a clear demonstration that the Company's patented CVM technology is at the forefront of Structural Health Monitoring for the aviation industry.
(20min delay)