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OxygeAte

First long-lasting super-oxygenated water to promote post-exercise recovery and plant health, boosting crop yields sustainably

Total Cost €

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EC-Contrib. €

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Partnership

0

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 OxygeAte project word cloud

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

intake    healthy    booster    health    liters    register    return    energy    minerals    roi    farming    basically    sustainable    create    water    it    times    seasonal    exercise    question    season    technics    500    search    revenues    crop    plant    cell    tends    yields    sustainably       humans    prototype    industrial    boosting    obtain    investment    cells    billion    gross    oxygenated    dissolved    drink    irrigation    searching    organism    vegetables    beverage    15    concentration    2021    16    extra    5mg    infusing    global    oxygenation    recovery    o2    months    cagr    upscale    miniscule    million    solution    bounding    2017    payback    efficient    atmosphere    precise    smart    post    surge    globally    super    answer    oxygenate    food    160mg    2023    continuous    yield    industry    oxygen    constant    bottled    chemical    living    metabolize    version    feasibility    calculate    nitox    2022    benefits    forecast    stable    profits    12    tap    bond    lower    evaporate    period    first    regular    10    lasting    market    functional    last    molecules    industries    waters    poised   

Project "OxygeAte" data sheet

The following table provides information about the project.

Coordinator
NITOX AS 

Organization address
address: SMELTEDIGELEN 1
city: OSLO
postcode: 195
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 Norway [NO]
 Project website http://www.nitox.no
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-07-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    NITOX AS NO (OSLO) coordinator 50˙000.00

Map

 Project objective

Oxygen is important to every cell in every living organism to make energy and metabolize food, we all know that. The question is “how could we improve the intake of oxygen in cells and obtain extra benefits out of it?” The answer is easy, “by infusing and bounding Oxygen to water and get cells drink it”. However the solution is not that easy since Oxygen tends to evaporate to the atmosphere. Two growing industries have their attention on the super-oxygenation of water: i)the healthy beverage industry is searching for a booster on functional bottled water and ii)the smart farming industry searching for more precise and sustainable irrigation technics for farming. At NiToX we have developed OxygenAte, a first long-lasting super-oxygenated water to promote post-exercise recovery in humans and plant health in vegetables, boosting crop yields sustainably. In the NiToX process, the O2 molecules create a miniscule but stable chemical bond with minerals that are dissolved in the water. This basically means that O2 will remain dissolved in water for 4-6 months and oxygen concentration will be increased from 5mg/l, as in regular tap water, to 160mg/l in OxygenAte water. The global market for functional waters has experienced a continuous surge in the last five years, achieving 5,500 million liters and $12 billion in revenues globally in 2017. The market is poised to register a CAGR of 8.6% over the 2017-2022 period. The farming industry is constant search of more sustainable and efficient methods and with Nitox they will experience a seasonal yield increase (over 10%), lower crop times and increase of production at end of season (16%). With the Feasibility Study we expect to upscale our existing prototype and get to an industrial version of it that will allow us to achieve a forecast of gross profits of €15.2 million by 2023. We calculate a Return of Investment (ROI) of 4.5 in a five-year period and payback in year 3 (2021).

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

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