During the last few months, the following main activities have been developed:
- Technical progress: a lab scale prototype for UBI was built and optimized, obtaining the main operational parameters and demonstrating the concept and preliminary costs with positive results. Basic engineering design for a pre commercial pilot was developed with our engineering partner.
- Business plan: a complete business plan was produced, including technical development needs, IP strategy, freedom to operate and financial plan. Important needs were identified for team growth and a new plan was developed to incorporate new essential profiles to the team.
- Commercial development: different companies have been contacted and shown interest in supporting the UBI technology in 3 main groups: private investors, potential future clients and potential commercial partners and distributors.
- Dissemination: the EU logo and SME support was featured at Trovant’s website and the EU support was highlighted in blog posts, social media and newspaper interviews.