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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.

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

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%.

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

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

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