European Commission logo
English English
CORDIS - EU research results
CORDIS

CAARESYS: vehicle passenger monitoring system based on contactless low emission radio frequency radar.

Project description

In-car passenger monitoring system for increased safety

Car passenger safety is a pressing demand for car industries ahead of the introduction of the new generation vehicles in the market. The newly developed CAARESYS technology aims to reduce human involvement in technologically advanced cars and increase safety. The Israeli start-up has developed a vehicle passenger monitoring system based on contactless low-emission radio frequency radar. The EU-funded project CAARESYS will commercialise this solution and bring it to market in Europe. It will conduct a feasibility study to enrich the company’s knowledge of the international market environment and the potential risks its expansion could face. The project will also help the company improve its solution and accelerate its commercialisation.

Objective

CAARESYS is a privately held company founded in Israel with the vision of saving car passengers’ lives. The CAARESYS solution will connect passengers to the next generation of cars and minimize the effect of human factor to save thousands of lives. After successfully piloting the prototype version of CAARESYS technology, the team can confirm the capability of its breakthrough product to open new markets in Europe with the potential for rapid growth.
By pursuing the present feasibility study, the management team aims to improve its understanding of international market conditions and the associated risks that need to be considered as the company develops a deeper business plan for rolling out, and scaling up CAARESYS as a marketable innovative solution. SME Instrument Phase-1 and Phase-2 will be extremely beneficial in helping the company to accelerate development and market penetration of the solution in target segments, boosting the company’s growth to 40 employees and € 55,000,000 revenues by 2025.

Call for proposal

H2020-EIC-SMEInst-2018-2020

See other projects for this call

Sub call

H2020-SMEInst-2018-2020-1

Coordinator

CAARESYS LTD
Net EU contribution
€ 50 000,00
Address
2 HA MELACHA ST
4250537 NETANYA
Israel

See on map

SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 71 429,00