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UnderWater Information Technology (UWIT)

Objective

Alleco, a Finnish SME, has developed the world’s first tablet computer with a fully functional touchscreen that works under water. With patented core technology, 25 years of experience in the industry and existing cooperation with the world’s leading diving equipment distributor, Aqua Lung, Alleco is well positioned to bring this novel solution rapidly to the market. With the developed product Alleco is expecting to realize its growth strategy and become a global leader in providing the diving industry with ground-breaking new information and communication technologies.

Alleco’s objective with this project is to replicate the market success of consumer mobile devices in an underserved market on a global scale. The proposed outcome of the project will be an ICT solution for professional divers - ranging from scientists, military and fire&rescue to dive instructors - that will disrupt the market for diving equipment and decrease the costs of an average diving project by more than 50%. On a longer time scale, additional market segments include offshore oil&gas, the mining industry, as well as the medical industry, where electronic devices that are dust- and water proof, easy to clean, as well able to operate in explosive prone areas, are in high demand, but short supply.

The specific objectives of the project are to finalize the necessary hardware (TRL7) and software (TRL7) components and to develop an underwater data exchange- and positioning system (TRL7). Pilot testing will help to validate the full solution in real-life environments and raise customer awareness.

The successful implementation of the UWIT project will open up a route to a potential target market of €2,82Bn. By 2021 Alleco expects to earn more than 53MEUR annually from the project results, and reach a turnover in excess of 100 MEUR by 2024.

Fields of science (EuroSciVoc)

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Programme(s)

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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.

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.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

ALLECO OY
Net EU contribution

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.

€ 836 412,50
Address
VENEENTEKIJANTIE 4
00210 HELSINKI
Finland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Manner-Suomi Helsinki-Uusimaa Helsinki-Uusimaa
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 1 194 875,00
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