Providing air traffic data for the drone revolution

Project Information

OneSkyConnect

Grant agreement ID: 816071

DOI

10.3030/816071

Project closed

EC signature date 27 April 2018

Start date 1 May 2018

End date 31 August 2018

Funded under

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Total cost

€ 71 429,00

EU contribution

€ 50 000,00

Coordinated by

INVOLI SA
Switzerland

Periodic Reporting for period 1 - OneSkyConnect (Providing air traffic data for the drone revolution)

Reporting period: 2018-05-01 to 2018-08-31

Summary of the context and overall objectives of the project

The main objective of the project is that our platform, MCTs and related network reach the adequate maturity to be competitive when entering the market. To achieve this, we need to get a deeper understanding of the target market segment, of our commercial production and of our development needs for the full-scale rollout.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

A technology roadmap for requirements to complete the project was drawn out. We accomplished an evaluation of potential technical risk that might endanger the success of our product. This identification has allowed us to define a plan for risk mitigation, to be implemented and updated along the project life
Based on the results of the comprehensive market research that we conducted, we determined the customer needs, and also identified the countries that we should target for initial entry. The market study showed the existence global drone business which is estimated to reach €115 billion by 2020, while the global market for UTM could reach €538.2 million by 2018 with a projected growth level to almost €2 billion by 2025. A swot analysis was also carried out to position our company in the market segment. We have also identified the target users for initial commercialisation and also defined a commercialisation and exploitation plan.
The market study results were then used to make 5 year financial projections post commercialisation. OneSkyConnect (in the future: Involi.live) is expected to have significant positive impact on our financial performance, increasing annual revenue by 236%.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

We have gone beyond the state of art by providing a system that combines multiple technologies to provide a holistic platform with features ranging from traffic detection to automatic collision avoidance. Our system will have a fantastic social impact, especially in big cities. Safely integrating drones into the air traffic and enabling cities to become truly “smart cities” will improve greatly the quality of life of its inhabitants. In the next few years: ability to use drones for building inspection, emergency response (accidents, fires etc.), search and rescue especially in hazardous situations, traffic monitoring, surveillance, terrorist’s threats etc. Our system has already been used in the meaningful process of mapping various areas of Tanzania.

Involi.live system interface