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FLYNANO - ELECTRIC AIRCRAFT FEASIBILITY VERIFICATION

Objective

The innovation supports the EU’s efforts for sustainable aviation. High-tech eco-innovative electric airplane FlyNano is at TRL 7 and soon to be finished to mass-production. The solution is patented. FlyNano is environmentally and noise friendly plane which uses watercourses as runway. The plane has standard controls and normal airplane’s flying characteristics. The exceptional design of FlyNano includes advanced carbon fibre structure; patented detachable, one-piece boxwing invention, and a unique lightweight electrical powertrain has the world’s best power to weight ratio.
The impacts are emissions reduction, safety, noise reduction, workplaces and new business. The solution is unique. Clear business opportunity and customer demand have been detected market tests. The first 10 FlyNanos have been presold and the concept launch lead to 50 M viewers in various media.
Fly Nano Ltd (established at 2010) has highly talented team of 12 professionals with the key knowledge for the development and commercialisation of the innovation. The expected growth potential for the next five years is 100 M€ yearly revenue, 50 new workplaces, 5 new patents, 1500 FlyNanos sold and 500 powerlines sold.
This feasibility study aims to verify the practical and economic viability of the innovation. The expected outcome of this project is a plan for global commercialisation of FlyNano.

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.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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-1 - SME instrument phase 1

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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

FLY NANO 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.

€ 50 000,00
Address
MIKONKATU 19 B
00100 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.

€ 71 429,00
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