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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.

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

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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