Objective
NanoAvionics is developing novel small satellite (below 150 kg) market oriented product – green chemical propulsion system which is innovative, as it makes use of an environmentally friendly propellant, and is a low cost integral plug and play design offering great economic advantages to the growing small satellite market, which presently suffers from the availability of a low cost high performance propulsion solution.
High performance propulsion systems are one of the technologies required by small satellites in order to allow them to fulfill their full market potential enabling small satellites to be as capable as those well above 150 kg.
This feasibility study will help to determine and set the targets for the final shape of the product according to the requirements of the target customer groups as TRL-6 (current maturity level of the product) is a crucial point at which extensive product design decisions must be undertaken and finalized.
This feasibility study will perform the following tasks:
1. Identify the market potential of the proposed propulsion system;
2. Determine the level of customer demand and market interest in the product;
3. Develop a technology IPR strategy, and develop a solid business model for development of the product within the company. The business model will include a sales strategy and a plan for productionizzation of the design and subsequent manufacturing.
This project will result detailed feasibility report, including a business plan which will summarize small satellite propulsion system market research, IPR strategy, business model including sales strategy, and consideration of strategic partnerships for production and manufacturing operations.
NanoAvionics plans to carry out this feasibility study and prepare an elaborated business plan during the 6 months period.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences earth and related environmental sciences atmospheric sciences meteorology
- natural sciences chemical sciences electrochemistry electrolysis
- engineering and technology mechanical engineering vehicle engineering aerospace engineering satellite technology
- social sciences economics and business business and management business models
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.6. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Space
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
10224 Vilnius
Lithuania
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.