Project description
Energy companies flying high for real-time analysis
Drones can replace people in the assessment of infrastructure and land surfaces, which is crucial for the energy industry. On-site missions and visits are currently conducted, but the results are substandard and without possibilities of forecasting. They may also be dangerous. In this context, the EU-funded MYRIAD project will develop a drone-based inspection and surveying system for the energy sector. Using artificial intelligence for addressing and forecasting real-time anomalies, this drone will be fully autonomous and capable of surveying targets around the clock. Compared to human inspections, the drone is expected to reduce workload and operational costs by more than 50 %.
Objective
The energy industry relies on inspection and surveying activities to evaluate the condition of infrastructures and land surfaces. However, these activities are mainly performed manually by in-person missions, a time-consuming and costly process that may yields to incomplete and poor-quality results without possibilities of forecasting, as well as posing a safety threat to personnel performing these tasks. Towards that direction, drones - technically described as Unmanned Aerial Vehicles (UAVs) - are evolving beyond their military origin extending their offerings to commercial sectors. Companies are starting to realize that they constitute not only a replacement to time-consuming, costly and dangerous in-person missions but also an excellent alternative for accurate real-time data collection.
With MYRIAD we disrupt commercial drones’ market by introducing an innovative drone-based inspection and surveying system to be applied as valuable business tool in a number of energy sectors. By combining the efficiency, cost benefits and safety of UAVs with insightful aerial data and powerful software with AI, MYRIAD enables decision making for our customers based on real-time anomalies detection and forecasting (Airborne Artificial Intelligence). With MYRIAD drone we propose a 24/7 fully autonomous inspection and surveying able to reduce associated workload and operational costs at 50-75% compared to traditional manual methods while minimizing personnel risks. Furthermore, through our proprietary software we offer on-demand acquisition of high-quality aerial data and real-time analysis, interpretation and forecasting of anomalies - powerful datasets – to guarantee the successful operation of energy related companies.
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 artificial intelligence
- engineering and technology mechanical engineering vehicle engineering automotive engineering autonomous vehicles
- natural sciences computer and information sciences software
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering robotics autonomous robots drones
- natural sciences earth and related environmental sciences atmospheric sciences climatology climatic changes
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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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.
112 Reykjavik
Iceland
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.