Objective
The global satellite industry is experiencing a paradigm shift exhibited by the rapid expansion of the small satellite market. It is being driven by continuously advancing technological, design, manufacturing capabilities and decreasing launch costs.
Despite the booming demand for and evident advantages of small satellites, one critical system – satellite propulsion – have fallen behind this recent miniaturization trend. At present, there are no market-ready small satellite green chemical propulsion systems available. Alternative propulsion systems are mostly based on hazardous chemicals, are expensive, difficult to integrate and offer low performance.
NanoAvionics, a satellite manufacturer and integrator, developed EPSS (TRL 6) – low cost, high performance propulsion system for small satellites, making use of a non-toxic, environmentally-friendly propellant. The entry market size for this system is €1.75 bn in 2017-2020. Success in this market will permit later extension of the technology to the medium and large scale satellite market.
To ensure successful commercialization, during SME Phase 2 project NanoAvionics aims to conduct final piloting and qualification of the technology, preparation of the production infrastructure, product commercialization, and increasing the investment readiness of the company. The project will raise the TRL of EPSS to 8 by integrating it into pilot partner’s satellite, and will contribute to reaching TRL 9 by launching partner’s satellites to space demonstrating EPSS in orbit. Using EPSS will enable pilot partner to offer unique services based on small satellite constellations.
NanoAvionics has already signed the piloting agreement as well as 3 Memorandums of Understanding and 10 Letters of Intent with organizations that intend to integrate EPSS into their satellites. SME Phase 2 project will result in €14 M revenues and €4.4 M profit by 2020 and brake even reached in 2 years after the end of the project.
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
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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-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.
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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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.