“Vaptech” Ltd. is a leader and global supplier of products, services and complete solutions for the metalworking industry, hydropower plants and environmental protection technologies. Within the framework of this project, the applicant focuses on the development of global product innovation, falling within the field “Mechatronics and Clean Technologies” of ISIS — high-speed equipment for production, developed jointly by “Vaptech” Ltd. and the Institute of Robotics at the Bulgarian Academy of Sciences. The project envisages the conduct of industrial research to develop, test and measure the performance of components and the construction and demonstration of a prototype in the operating environment (TRL 7) with the main objective of creating new technological knowledge to be incorporated into the development of the innovative product and necessary for the validation of high-speed metalworking technology that will be widely used in many sectors. The project will include the following activities:1. Creating and testing a prototype related to the development of product innovation.2. Acquisition of tangible and intangible fixed assets directly related to the innovation development processes.3. Providing a highly qualified team of specialists for innovation development, composed of representatives of the company “Vaptech” Ltd. and the partner “Institute of Robotics” at the Bulgarian Academy of Sciences. The expected results of the project have been performed tests of an initial prototype model in an environment with simulated interfaces of existing ones, which will allow for future development of a final product.