The myPAL-NET proposed project goes beyond the current state-of-the-art with:
1. A new design, of a highly sensitive sensor “listening” to a wideband, meeting all the needs for direct measuring various meteorological quantities, operating at lower energy demand and encapsulated in a durable and protected housing.
2. A network (first of a kind), comprising of at least three (3) myPAL sensors, installed on three (3) small cost-effective floating buoys, totally powered by renewable energy sources devices (see section 4-5, Figure 1c).
3. A mother buoy, totally powered by renewable energy sources devices (without the use of in house large expensive batteries), operating cost effectively as a hub between the above mentioned three (3) small buoys and acting as a main station for the data transmission to the shore, providing for a first time cost-effective real-time monitoring of the ocean environment.
4. A new measuring method using in-situ quantitative pre-processed data, ensuring the interoperability of the whole system, and the standardization of data on multiple stationary and mobile platforms, harmonized with data handling of international organizations (i.e. COPERNICUS).
5. A new proprietary software based on the afore-mentioned method.
6. myPAL-NET could be placed anywhere (doesn’t need any special constructions), will need just couple hours to install it (even by a small fishing boat), operates silently and we can design it to fit in any environment.
Until the end of the project we expected the following results:
1. Market analysis: in-depth entry market demand in Greece, UK, France, Germany and Italy, detailed competitor technology analyses, environment and regulatory requirements, expansion potentials to: a) other countries (e.g. USA, China) and key value propositions (local partnerships), b) space and defense industries (reselling “smart” algorithm in Phase 3).
2. Cooperation analysis: sales channels building, further contacts with distributors WeMET P.C. Metrica S.A. and local partners A2ZEnergy P.C. networking with suppliers, manufacturing and distribution partners to define terms and of cooperation.
3. Functional tests of improved analogue filters and microprocessor for less power consumption. Development and first testing of advanced “smart” algorithm with CNR-ISSA and HCMR and Harokopio University of Athens.
4. Define innovation plan for Phase 2, detailed plan to develop myPAL-NET and establish bases for mass manufacturing in EU.
5. Risk assessment of project implementation. Reconsidering regulatory myPAL-NET guidelines to speed up commercialization.
6.Meetings with potential public and private clients to obtain letters of support, present benefits, establish communication channels and sales model. Further develop pricing strategy, including complimentary services to be offered using a subscription model.
7. Financial strategy analysis: secure complementary financing for tech development and R&D / production center in EU, identification of investors in EU, USA and China. Planning Phase 3 investor meetings, pitch deck preparation.
8. Defining management and company structure, policies (incl. gender) and operational rules for fast growth scenario.
9. IP management & strategy: detailed IP/Branding strategy, establishment of IP portfolio and action plan, IP monetization strategy.
The main policy and governance frameworks related to the marine monitoring along with their relevance to myPAL/myPAL-NET are the following:
1. Integrated Marine Policy
2. Integrated Industrial Policy
