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Optium

Smart charger device to increase smartphones’ battery lifetime, prevent fire accidents, and provide cross-brand flexibility

Total Cost €

0

EC-Contrib. €

0

Partnership

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 Outcomes and results

 Optium project word cloud

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

last    accelerating    agreements    exclusive    14m    keep    screens    insurance    batteries    demanded    quality    battery    respondents    lithium    delay    surveys    intelligent    temperature    optimising    huge    overheating    phone    party    unmet    smartphone    companies    technological    eliminate    recharge    optium    surprisingly    charge    voltage    patented    20m    direct    profit    replace    2024    730    improves    longevity    chargeguard    charged    resistant    46    ones    business    cumulative    times    prolongs    people    forecast    charger    smartphones    demonstrates    risk    cameras    mobile    fire    profits    drained    demand    deterioration    consumers    sales    solution    profiles    consequently    procedure    parents    compatible    protects    owners    worried    device    projection    monitoring    longer    accidents    safety    life    return    retailers    3rd    smart    foresee    prefer    earn    yearly    young    satisfy    distributors    explosion    charging    improperly    day    poor    optimise    improvements    lifespan    investment    fail    estimates    featured    market   

Project "Optium" data sheet

The following table provides information about the project.

Coordinator		 CHARGE GUARD AS 

Organization address
address: RADYRVEGEN 16
city: HORNNES
postcode: 4737
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 https://www.getchargeguard.com/
 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 2019
 Duration (year-month-day) from 2019-05-01   to  2019-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CHARGE GUARD AS NO (HORNNES) coordinator 50˙000.00

Map

 Project objective

Longer battery life is the most demanded feature by smartphone users. Surprisingly, surveys show that 46% of respondents would prefer longer battery life rather than better smartphone cameras or more resistant screens. Current lithium-based batteries fail to keep up with smartphone technological improvements. As a result, batteries do not last long during the day. Moreover, users recharge their smartphones improperly accelerating battery deterioration. Consequently, batteries get drained quickly and users must replace their mobile phone or replace old batteries with poor low-quality new ones. ChargeGuard has developed and patented an intelligent device for optimising charging, increasing battery lifespan and monitoring system and battery temperature and voltage for improved safety. Optium is a smart charge management system that protects and prolongs battery life. The objective of this project is to provide consumers with a 3rd party charger device able to optimise the way batteries get charged and delay the deterioration of batteries by three times. Optium project will satisfy the high unmet demand of consumers for a product that improves smartphone charging procedure, eliminate risk of fire/ battery explosion and increase battery longevity, by providing a 3rd party intelligent charger featured with unique characteristics and fully compatible with any smartphone on the market. We will target different users’ profiles, such as young smartphone owners, business people, large companies and parents worried about fire accidents due to battery overheating. We will market Optium through direct sales, distributors & retailers as well as through exclusive agreements with insurance companies. The potential market is huge. Our projection clearly demonstrates the potential of our solution. By 2024, we foresee to earn more than €14m profit yearly. Our forecast estimates cumulative profits of €20m by 2024 with a return on investment of 730%.

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

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