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Optium

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

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 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.

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

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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