Periodic Reporting for period 1 - AQUA4D (AQUA4D - For an efficient use of irrigation water)
Reporting period: 2018-09-01 to 2018-12-31
The overall objective of the project is the technological adaptation of AQUA4D-HR to high water flow rates and the development of a robust business plan to bring our system to the pivot irrigation market by July 2021 with minimum risks.
AQUA4D-HR project will achieve relevant revenues for PHT: An estimated number of 3.075 units will be sold in target countries (first five years of commercialization), with a turnover of 85.403.225 € for PHT.
AQUA4D-HR will have an important overall impact in the large crops irrigation market: End-users at the forefront of sustainable agriculture practices through an AgTech innovative solution.
At global level, the pivot irrigation market, a strong and consolidated market valued at 1 billion Euros (2016) and expected to reach 2,5 billion € in 2022, will be clearly reinforced.