Project description
New device to extend your phone’s battery life
Most consumers would opt for longer-life batteries than improved screens or cameras when purchasing a smartphone. Battery life has become a crucial selling point. The problem with currently-used Lithium-based batteries is that they need frequent recharging and the battery temperature may increase risk of fire or explosion. The EU-funded Optium project proposes an innovative device to ameliorate charging, prolong battery life and eliminate the risks. In addition, the device is compatible with all smartphones. The project will conduct research targeting a wide range of users, entrepreneurs and enterprises aiming to commercialise the device.
Objective
Longer battery life is the most demanded feature by smartphone users. Surprisingly, surveys show that 46% of respondents
would prefer longer battery life rather than better smartphone cameras or more resistant screens. Current lithium-based
batteries fail to keep up with smartphone technological improvements. As a result, batteries do not last long during the day.
Moreover, users recharge their smartphones improperly accelerating battery deterioration. Consequently, batteries get
drained quickly and users must replace their mobile phone or replace old batteries with poor low-quality new ones.
ChargeGuard has developed and patented an intelligent device for optimising charging, increasing battery lifespan and
monitoring system and battery temperature and voltage for improved safety. Optium is a smart charge management system
that protects and prolongs battery life. The objective of this project is to provide consumers with a 3rd party charger device
able to optimise the way batteries get charged and delay the deterioration of batteries by three times. Optium project will
satisfy the high unmet demand of consumers for a product that improves smartphone charging procedure, eliminate risk of
fire/ battery explosion and increase battery longevity, by providing a 3rd party intelligent charger featured with unique
characteristics and fully compatible with any smartphone on the market.
We will target different users’ profiles, such as young smartphone owners, business people, large companies and parents
worried about fire accidents due to battery overheating. We will market Optium through direct sales, distributors & retailers
as well as through exclusive agreements with insurance companies. The potential market is huge. Our projection clearly
demonstrates the potential of our solution. By 2024, we foresee to earn more than €14m profit yearly. Our forecast estimates
cumulative profits of €20m by 2024 with a return on investment of 730%.
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.
- natural sciences chemical sciences electrochemistry electric batteries
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors optical sensors
- natural sciences chemical sciences inorganic chemistry alkali metals
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications mobile phones
- social sciences economics and business business and management employment
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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.
4737 HORNNES
Norway
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.