The valley of death is perhaps the most commonly referred to concept discussed in and around the trl. The term valley of death represents the often neglected addressing of trls 4 through to 7 where neither academia nor the private sector prioritise investment.
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For instance they have established ppp private public partnership and the eit european institute of innovation and technology to explicitly bring technology some part through the valley and make them relevant to society faster.
Technology readiness level valley of death. Consequently many technologies albeit promising finish their maturity journey prior to deployment. A project is evaluated against set parameters for each trl and is rated based on its progress. There are different standards bodies that define their own trls.
It refers to the failure to progress technology from trl 4 to trl7 due to the costs associated with testing new technology on the ground or in space. The european commission is also explicitly addressing this valley of death in their horizon 2020 programme. 1 trl is widely used as an approximate measure of a technology s maturity level.
This concept refers explicitly to the technology development process. Trl describes the progression of technology from the initial idea trl 1 through scientific investigation to mature product in service trl 9. Nasa introduced the concept of technology readiness levels trl for the aerospace industry.
Technology readiness and the valley of death the maturity of technology is commonly measured by technology readiness levels trl.
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