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OC-Tech

OC-Tech: Innovative vessel for cleaning-up activities in marine and fluvial environments.

Total Cost €

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EC-Contrib. €

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Partnership

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 OC-Tech project word cloud

Explore the words cloud of the OC-Tech project. It provides you a very rough idea of what is the project "OC-Tech" about.

oct    tech    spain    flotsam    maritime    thanks    services    32    loads    investment    domain    market    2019    bagging    selling    put    cleaner    profitable    48    feasibility    cleaning    worker    solution    tons    jellyfish    viability    2023    rate    250    profit    deal    55m    05m    oc    business    financial    rivers    company    ocean    until    80    commercial    hour    hours    blooms    passengers    15    recovering    total    technological    deck    sl    transporting    actually    spills    sea    stopping    maintenance    versatile    innovative    12    price    constituted    marpol    39    21    units    344    m2    worked    alternatives    transport    spanish    fuel    savings    invested    2013    vessel    revenues    infestations    500kg    inshore    weight    surveillance    algal    patent    600    fluvial    8m    area    attractive    return    competitive    separation    350    march    pollution    plan    10m    lower    cumulated    solutions    budget    hydrocarbon    modular    ports    invest    considering    25    55    20m   

Project "OC-Tech" data sheet

The following table provides information about the project.

Coordinator
OCEAN CLEANER TECNOLOGY SL 

Organization address
address: PIANO 4-10-3
city: EL PUERTO DE SANTA MARIA
postcode: 11500
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-07-01   to  2016-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    OCEAN CLEANER TECNOLOGY SL ES (EL PUERTO DE SANTA MARIA) coordinator 50˙000.00

Map

 Project objective

OC-Tech solution has been developed by OCEAN CLEANER TECHNOLOGY S.L. (OCT SL) (Spain), constituted as a company in 2013 after developing the Spanish patent “Pollution control vessel”. We have developed our innovative OC-Tech in order to contribute to the cleaning-up and surveillance of the EU maritime and fluvial domain.

OC-Tech is a new vessel for recovering hydrocarbon spills (15 tons/hour with a separation rate of 70-80%) and being also able to deal with algal blooms, jellyfish infestations and flotsam. OC-Tech has a large deck for transporting personnel (until 12 passengers) and loads (1,500kg/m2). It is versatile and is able to work on ports, inshore, open sea and rivers during 48 hours without stopping due to our unique bagging system. Further, is easy to transport to the area affected thanks to its lower weight and modular design.

OC-Tech makes an attractive investment because of its competitive price and due to its wider range of applications, including MARPOL services. OC-Tech 10m has a market price of €350,000 and OC-Tech 20m, €1,600,000 (25% lower than current alternatives). OC-Tech has also low operating and maintenance costs (55% of savings) compared to competitive solutions for fuel savings and hours actually worked per worker.

During Phase 1 execution, we will develop a Feasibility Study including a Business Plan to assess the technological, commercial and financial viability. The general objective is to bring to the market our OC-Tech by March 2019. OC-Tech will be highly profitable by 2023 with total revenues of €21,55M and cumulated profit of €10,344,000 by selling 32 units in total until 2023. We have invested €250,000 until now and we will invest €2.8M more to put OC-Tech into the market. Considering a total budget of €3.05M, the Return of Investment of the OC-Tech project will be 2.39.

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The information about "OC-TECH" are provided by the European Opendata Portal: CORDIS opendata.

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