**2. Materials and Methods**

The material used is the existing bibliography of the sections mentioned above, which has been selected based on the analysis of the innovations already mentioned.

The methodology is formed of an analysis of the verified facts. In the analysis of the bibliography of this project, we have searched for the relevant innovations throughout the history of the industry.

## **3. Results**

The order of the results will follow the order indicated in the introduction.

#### *3.1. The Scope of Work and the Project Team*

The Segovia Royal Mint Factory project started with an international technology transfer agreement, involving the County of Tyrol—under the control of Archduke Ferdinand—and the Kingdom of Spain—under the rule of King Philip II. The scope of the SRMF project can be divided into two parts.

The first part is formed of the transfer of the roller-based minting process, the manufacture of the rolling mills and other necessary machinery at the Hall Mint in Tyrol and the transportation of the equipment, along with its operators, to Spain.

The technology transfer agreement is notable, since it is a contract between two countries in which a technology is transferred through its equipment and tools, as well as the workers necessary to its operation, as skilled Austrian workers accompanied the machinery on its trip to the Kingdom of Spain.

The second part is formed of the design and construction of the SRMF facilities, as well as the selection of a suitable site for the factory. The factory had to be comprised of a building, or a series of buildings, which were able to accommodate all the elements necessary for autonomous operation, including all the mechanical equipment involved in the manufacturing process powered by hydraulic energy.

After the signing of the technology transfer agreement in 1582, a team of experts from both countries were gathered to develop and manage the SRMF project. The Crown of Spain provided:


The County of Tyrol provided a team of six German technicians: a master teacher, three carpenters, a blacksmith and a locksmith. They were sent to Spain to provide technical support from the early stages of the project, in fulfilment of the terms of the technology transfer agreement [7].

The launch of the project began with the arrival of the German technicians in Spain, in April 1582.
