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VirtualNet

VirtualNet

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 VirtualNet project word cloud

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

market    responsible    benefit    habitat    attractive    40    ban    leaves    trawl    light    over    fisheries    weight    innovative    revenue    directed    wild    shift    edible    pay    consumption    paradigm    dramatically    global    efficiency    exposing    risk    launch    fish    conventional    profits    fishing    faces    caught    offers    amounts    off    trawls    damaged    breakthrough    ready    footprint    gear    shrimp    seafloor    total    undisturbed    criticised    30    instigate    escape    white    water    exerted    litre    projecting    shaped    outcome    later    touching    net    virtual    trawling    unharmed    disruptive    solution    400    damaging    replaces    fuel    2020    markets    carbon    kg    sea    leaving    biggest    herds    formed    resource    virtualnet    trawler    litres    benthic    catch    savings    energy    innovation    reduces    50    oil    optitog    international    industry    company    rightly    start    warming    landings    reputation   

Project "VirtualNet" data sheet

The following table provides information about the project.

Coordinator
OPTITOG EHF. 

Organization address
address: BOLLAGOTU 10
city: REYKJAVIK
postcode: 105
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 Iceland [IS]
 Project website http://www.optitog.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.2.5. (Cross-cutting marine and maritime research)
2. H2020-EU.3.2.3. (Unlocking the potential of aquatic living resources)
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 2016-12-01   to  2017-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    OPTITOG EHF. IS (REYKJAVIK) coordinator 50˙000.00

Map

Leaflet | Map data © OpenStreetMap contributors, CC-BY-SA, Imagery © Mapbox

 Project objective

Over 50% of all wild fish landings in Europe, both in term of weight and value, is caught using trawl fishing gear. The trawler industry faces major challenges due to high cost of energy, by-catch, damaged escape fish and high carbon footprint. The biggest problem is exerted on bottom trawling (2/3 of all trawling), rightly criticised for damaging the seafloor habitat, exposing the industry to a reputation risk with potential loss of markets and a proposed EU/international ban.

The objective of the start-up company Optitog is to instigate and benefit from a paradigm shift in trawl fishing. The disruptive innovative solution, VirtualNet, replaces conventional trawl with a new type of fishing gear that herds fish using a virtual trawl-shaped net. The net is formed by projecting directed light through sea water, without touching the seafloor, leaving the benthic habitat undisturbed. The innovation reduces by-catch, leaves escape fish unharmed and dramatically reduces oil consumption.

Fuel cost in bottom trawling is responsible for 50% of the variable cost and 30% of total revenue. This amounts 0.8 litre of oil per kg edible white fish and 4 litres per kg of shrimp, contributing to global warming. Optitog’s VirtualNet offers 40% fuel savings over conventional trawls, making it a very attractive product for existing trawl fisheries. VirtualNet will pay off in less than a year, and after that greatly increase the profits of fisheries.

The outcome will be a fully integrated and controllable disruptive fishing solution, a virtual trawl, - a breakthrough in control and resource efficiency - ready for launch in 2020 into a 400 M€ European trawl fishing-gear market and later a 4.000 M€ global market.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "VIRTUALNET" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "VIRTUALNET" are provided by the European Opendata Portal: CORDIS opendata.

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