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NanoPowder Plant – Metal nanopowders for a world of great opportunities

Project description

Improving the nanopowders industry

The metal nanopowder industry, which supplies industries such as aerospace manufacturing, currently falls short of supply. As such, it remains an emerging industry due to low production capacities and insufficient purity. The EU-funded NPP project aims to solve this problem by increasing energy efficiency to 80 % and reducing the need for waste-generating chemical reagents during the production process. The project will commercialise this innovative solution at a global scale so that it is applied in industry and bring superior value to the end-customer while ensuring protection of the environment.

Objective

Current supply of metal nanopowders on the world market falls short on demand up to 15% , creating further obstacles to the technical progress in such industries as aerospace manufacturing, power machinery, engineered materials production, metal welding, heavy machinery, civil engineering and others. Metal nanopowders’ market is still only emerging due to low production capacities and insufficient purity, shape consistency and wide dispersion of nanoparticles produced, resulting in insufficient quality of such materials for key users.
Nanopowder Plant (NPP), a Lithuanian based start-up, presents a revolutionary solution which has 8 times prevalence over other technologies in production capacity of metal nanopowders with the highest existing quality of the nanopowder produced. Moreover, it ensures low environmental pollution due to 80% energy efficiency of the solution and absence of need to use waste-generating chemical reagents during production process.
Innovative production process, patented technology and experience team will help NPP to utilize market opportunity and obtain a strong position in the growing metal nanopowders market, which is projected to reach 60 bn USD in 2019 and accelerate further at 15-17% annual grows rate.
NPP aims at global commercialization of its innovative solution to enable vast industrial application of metal nanopowder bringing superior value to end-customer and ensuring environmental protection.
During the Phase 1 of SME Instrument feasibility study NPP wants to validate its market strategy through conducting thorough study of an emerging market and potential customers, strengthen IPR portfolio, modify existing commercialization strategy and develop an elaborate business plan.

Fields of science (EuroSciVoc)

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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-EIC-SMEInst-2018-2020

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Coordinator

AB NANOPOWDER PLANT
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
M. PRAMONES G. 8
LT-01120 KLAIPEDA
Lithuania

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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
Lietuva Sostinės regionas Vilniaus apskritis
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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