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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

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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.

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

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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