Periodic Reporting for period 1 - InAir (An Air Quality Monitoring Station in a Chip)
Reporting period: 2019-08-01 to 2019-11-30
Poor air quality (AQ) caused 9 million premature deaths in 2015 globally. Furthermore, health problems related to poor air quality produce annual economic costs of €1.2 trillion, and a further €202 billion in lost income. Thus, improving air quality is a major global concern, from both an economic perspective and an environmental one. However, air quality in cities is typically monitored by a limited number of reference stations that produce insufficient data. Without detailed information about local variations it is difficult to develop and implement efficient measures to minimize air pollution. In recent years small sensors have gained interest and momentum, as they would allow the creation of networks that produce comprehensive air quality data for a city. Unfortunately, currently available sensors are not reliable enough, due to the variation of their signal with external conditions (i.e. temperature, pressure, humidity) and low sensitivity. At Insplorion we are developing InAir, a small, efficient, robust, stable and multi-gas monitor that would allow measurement of ambient air quality. At the moment we have a single-gas monitor for NO2, which has already been introduced to the market. We are now taking a step forward by developing a monitor that measures several gases simultaneously that will meet the market demand.
1. We have drafted the work plan, considering the technical opportunities. The challenges for the project have been analysed, implementing a mitigation plan.
2. We have analyzed the “Global sensors, detectors and analyzers market”, studying opportunities, segments, customers, market conditions and regional characteristics, and competitive landscape. We have devised the best market introduction
strategy, considering its barriers and measures to overcome them.
3. Our value chain has been evaluated, considering the state of our relationships with major players. We have defined the stages for our marketing efforts.
4. We have elaborated our IPR strategy for the next years, and established a FTO. We also have studied the certification requirements to be fulfilled.
5. We have defined our revenue streams and made different scenarios for the 5-year sales, ROI and cashflow projections. We have estimated the market share for InAir and the necessary funding, identifying potential funding sources.
2. We have analyzed the “Global sensors, detectors and analyzers market”, studying opportunities, segments, customers, market conditions and regional characteristics, and competitive landscape. We have devised the best market introduction
strategy, considering its barriers and measures to overcome them.
3. Our value chain has been evaluated, considering the state of our relationships with major players. We have defined the stages for our marketing efforts.
4. We have elaborated our IPR strategy for the next years, and established a FTO. We also have studied the certification requirements to be fulfilled.
5. We have defined our revenue streams and made different scenarios for the 5-year sales, ROI and cashflow projections. We have estimated the market share for InAir and the necessary funding, identifying potential funding sources.
Implementing Nanoplasmonic Sensing Technology enables us to measure several gases with a small multi-sensor chip with high sensitivity and selectivity towards different gasses. Furthermore, measurements do not vary with temperature, pression and humidity. InAir’s small size and robustness will allow the creation of smart cities and buildings with access to real-time data on AQ, necessary to make effective decisions towards reducing air pollution. This will result in a reduction of air pollution related deaths and economic costs.