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CAARESYS SIGNED

CAARESYS: vehicle passenger monitoring system based on contactless low emission radio frequency radar.

Total Cost €

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EC-Contrib. €

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Partnership

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Project "CAARESYS" data sheet

The following table provides information about the project.

Coordinator
CAARESYS LTD 

Organization address
address: 2 HA MELACHA ST
city: NETANYA
postcode: 4250537
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 Israel [IL]
 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 2019-06-01   to  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CAARESYS LTD IL (NETANYA) coordinator 50˙000.00

Map

 Project objective

CAARESYS is a privately held company founded in Israel with the vision of saving car passengers’ lives. The CAARESYS solution will connect passengers to the next generation of cars and minimize the effect of human factor to save thousands of lives. After successfully piloting the prototype version of CAARESYS technology, the team can confirm the capability of its breakthrough product to open new markets in Europe with the potential for rapid growth. By pursuing the present feasibility study, the management team aims to improve its understanding of international market conditions and the associated risks that need to be considered as the company develops a deeper business plan for rolling out, and scaling up CAARESYS as a marketable innovative solution. SME Instrument Phase-1 and Phase-2 will be extremely beneficial in helping the company to accelerate development and market penetration of the solution in target segments, boosting the company’s growth to 40 employees and € 55,000,000 revenues by 2025.

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

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