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Intelligent Real-time Elemental Analysis System

Project description

Real-time elemental analysis for the metal industry

The metal industry relies on slow, expensive and manual processes for quality control. Producers and manufacturers need advanced decision intelligence and elemental analysis solutions. The EU-funded IREAS project proposes the use of DTE’s unique and proprietary chemical composition analysis technology. This technology combines liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with a predictive AI-based cloud platform, which is the engine of DTE’s metals intelligence ecosystem. Using this technology, elemental analysis data generated on the metals production plant floor is converted into real-time intelligence. This intelligence is then supplied to both management and operators on the plant floor for decision making purposes. Additionally, the data is fed back into the process and business systems for forward-looking process control and business management.

Objective

IREAS, DTEs Real-time Intelligence from Liquid Metals Solution combines DTEs unique and only in the market proprietary chemical composition analysis based on Liquid-Phase Laser-Induced Breakdown Spectroscopy (LP-LIBS) technology with a predictive AI-based cloud platform, engine of DTEs metals intelligence ecosystem. IREAS converts elemental analysis data generated on the metals production plant floor into intelligence. This intelligence is not only supplied in real-time to management and operators on the plant floor for decision making, but is also fed back into the process and business systems for forward-looking process control and business management.
The solution contributes to maximising value, sustainability, safety, and efficiency along the end-to-end value chain, for all stakeholders in the metals industry.
DTEs market target is the 3.5Trillion metals industry with initial focus on the aluminium (255BN/y) while working towards the iron and steel market (950BN/y).

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Keywords

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Programme(s)

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Topic(s)

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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.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

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(opens in new window) HORIZON-EIC-2022-ACCELERATOR-01

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Coordinator

DTE EHF
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.

€ 2 443 616,88
Address
ARLEYNI 8
112 Reykjavik
Iceland

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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
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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.

€ 3 490 881,25
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