Unlocking Commercial Potential
Navigating the Path from Concept to Market
Explore the journey from identifying market needs to achieving scalable adoption. Join us in bridging the gap between innovation and commercial success.
Understanding Technology Readiness Levels
The Technology Readiness Levels (TRL) framework is a critical tool for assessing the maturity of innovations. From TRL 1, where concepts are linked to real market pain points, to TRL 9, which signifies scaled adoption and cross-sector expansion, each level represents a milestone in the commercialization journey.
At TRL 1, the focus is on defining early concepts against operational needs. As we progress to TRL 6, solutions become pilot-ready, with stakeholder alignment and implementation plans in place. By TRL 9, sustained commercial performance and multi-sector adoption are achieved, proving the innovation’s scalability and market impact.
Key Differences Between NASA TRL and Xpand TRL
Explore the distinct focus of NASA TRL on technical maturity, asking ‘Does it work?’ compared to Xpand TRL’s emphasis on commercialization potential, asking ‘Will it adopt and scale?’
Technical Maturity vs. Commercial Viability
Readiness Dimensions
Environment Transition
Utilizing the TRL Scale for Commercialization
Xpand's Practical Application of TRL
1
Identify the Right TRL Stage
Begin by determining the current TRL stage of your project, focusing on stages 7-9 for commercialization readiness.
2
Bridge Financing Strategy
Leverage TRL insights to secure bridge financing, ensuring a clear path from pilot readiness to scaled adoption.
3
Implement and Scale
Execute pilot projects and scale successful solutions, using TRL metrics to guide deployment and expansion.
Join Us at ConvergX®
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