Project description
A tech revolution for cleaner industries
Industrial pollution and emissions remain a pressing global concern, with industries struggling to meet environmental targets. In this context, the EU-funded Solumar project aims to reduce pollutants and emissions by up to 99 %, while ensuring efficient and sustainable industrial operations. It will do this by teaming up with experts in aviation, software and maritime engineering, as well as in business development. Solumar is already assisting European metal, wood processing and pharmaceutical manufacturers in reducing pollutants and emissions. Now, their sights are set on the maritime and oil & gas industries, where climate change impact is substantial. With a potential market size reaching USD 300 billion, Solumar’s technology offers an opportunity for shipowners and port operators to align with net-zero agendas.
Objective
Solumar is the brand name of a startup developing new deep-tech industrial solutions for air and gas purification and emissions-cutting with a strong and experienced team of Aviation, Software, and Maritime engineers, and young Key Account and Business development experts.
We are an impact-driven team on a mission to help Industrial business owners, Construction companies, Maritime (ship owners and port operators), and Oil & Gas companies reduce pollutants and emissions by 98-99% in an efficient and sustainable way, without compromising their business needs.
Our journey started working with the R&D departments of AIRBUS Biz Lab and Liebherr Aerospace, then proved the technology on a smaller scale in non-aviation sectors - today we are selling to metal, wood processing, and pharmaceutical manufacturers in Europe.
We plan to expand in the Maritime and Oil & Gas industries because of the huge Climate change impact and the multi-billion market opportunity - in maritime only, the market size reaches $300bn by selling equipment and up to $200m annual recurring revenue by selling byproducts (Carbon black), also providing shipowners and port operators with an opportunity to comply with the net zero Agenda 2050, and help stop Global Warming and the Climate change.
Interest has already been demonstrated by Greek ship owners, local Bulgarian Maritime cluster, both KAUST deep-tech Accelerator and Aramco in Saudi Arabia, and Norwegian companies, and the first demo prototype designed for Maritime integration is supported by Innovation Norway RD Grants (project started in August 2022).
The technology borrows know-how from Aviation and embodies a unique working principle, deep-tech modular approach, and a design allowing to collect of particles, also Black Carbon and ash, VOC, and Gases (SOx, NOx, COx) combined, and is the only solution for the market that reaches x6 times lower CAPEX, and x10-15 times lower OPEX versus each of the currently existing alternatives.
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 computer and information sciences software
- agricultural sciences agriculture, forestry, and fisheries forestry
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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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HORIZON.3.2 - European innovation ecosystems
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.
HORIZON-CSA - HORIZON Coordination and Support Actions
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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) HORIZON-EIE-2022-SCALEUP-02
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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.
1000 Sofia
Bulgaria
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.