THEAC 25 SIGNED

Project "THEAC 25" data sheet

The following table provides information about the project.

 Partnership

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Map

 Project objective

Due to climate change, space and process cooling is becoming the worldwide problem of the near future. With the raising of the average temperature, active air-conditioned cooling is needed throughout the year leading to high costs on electric power consumption (over 30% of the global electric power consumption in Europe, which means €27 billions), on maintenance for compressors as well as on the use of polluting refrigerants and its registration expenses. SOUNDENERGY BV introduces a breakthrough technology that brings a fundamental change in cooling buildings without using electricity or gas. Our company, based in The Netherlands, have a multidisciplinary team, with a well-known world leader researcher of Thermal Acoustics. Currently, we are developing the second generation of THEAC-25®converting heat into cold by using thermo acoustic technology. Our focus is to be able to provide climate control of buildings and industrial processes with zero CO2 emissions, saving 50% in energy consumption, which means between 5,000 - 20,000 kg of CO2 emissions/yearly reductions. The first version of THEAC-25® has been tested with some launching customers such as SENZORA BV. Pilot testing of the second generation of THEAC-25® with potential customers, will be contemplated as part of our commercialisation strategy. CE marking and FDA approval is sought to be able to commercialise on a global scale. SOUNDENERGY will follow a B2B approach to efficiently deliver climate cooling for industrial waste recovery as first target market (€600-700 M). Once we gain traction and market position we will focus on the space cooling for residential and non-residential buildings (€1.27B). We will be able to reach an addressable market size for waste heat recovery only in Europe of over €10M in 2021. Over 2,000 units of THEAC-25® and €40M sales projection has been estimated for the fourth year of commercialization (price €20k/per unit in Y4), with a ROI of 11.16