Objective
"A formation of small satellites, as developed within the ERC Advanced Grant ""NetSat"", promises great market potential because of failure tolerance and low cost at the same time, and large growth prospects for small satellites - a disruptive technology with the potential to change current “rules of the game”, becoming a feasible option for industrial application thanks to tremendous cost reductions as compared to large satellites (lower weight, shorter development cycles/ time-to-market, and lower risk). The commercial applications for the ERC “NetSat” project are three-fold: (1) communication (particularly in the machine to machine (M2M) context), (2) traffic management (e.g. for autonomous driving), and (3) earth observation (where larger numbers of small satellites offer higher temporal resolution). As space for the operation of small satellite formations is restricted and primarily US-based, VC-backed start-ups are already competing in the market (e.g. SpaceX, OneWeb), large-scale and timely investments are needed for the ZfT to select and implement the most appropriate business model to successfully compete in this market.
None of the competitors in the small satellite market seem to focus on providing M2M services, and they operate a constellation instead of a formation of satellites, i.e. the satellites are controlled individually from the ground, which makes formations not only technologically superior but also in line with the upcoming trend of connected devices. For timely commercialization, the ERC PoC Grant will provide the needed financial resources for securing IP and an evaluation of 4 potential business models - i.e. (1) a vendor-, (2) a licensing-, (3) a system provider- and (4) a data provider strategy, and the drafting of a business plan within 12 months for the most promising one(s) based on detailed data and analysis from a cross-disciplinary research team seeking to attract large-scale financial investments and corporate partners."
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: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- 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.1.1. - EXCELLENT SCIENCE - European Research Council (ERC)
MAIN PROGRAMME
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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.
ERC-POC - Proof of Concept Grant
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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) ERC-2015-PoC
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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.
97074 Wurzburg
Germany
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.