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ISSO SIGNED

Innovative Swept Source for next generation OCT devices

Total Cost €

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EC-Contrib. €

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Partnership

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 ISSO project word cloud

Explore the words cloud of the ISSO project. It provides you a very rough idea of what is the project "ISSO" about.

first    profit    retinopathy    cardiology    bottleneck    local    alternatives    world    sub    standard    tailwind    rate    octlight    simultaneously    diagnostic    characterization    impairment    entire    vascular    untapped    opportunity    gold    generation    digit    competing    views    tissues    expansion    diagnosis    according    cornerstone    8bn    fov    acknowledge    diseases    besides    components    retinal    octl    dimensional    unmatched    health    performance    accurate    diabetic    decades    structures    ophthalmic    2024    tools    market    foothold    swept    price    revenue    business    superior    advantages    job    proposition    delivers    80    dermatology    creation    preventable    fast    laser    innovation    imaging    tier    avoidable    limitation    50    source    vastly    improvement    supplier    of    undisputed    oct    fuel    eye    heart    competitive    double    resolution    hereto    successful    blindness    emerged    gain    commercialization    vision    organization    disruptive    resonating    vital      

Project "ISSO" data sheet

The following table provides information about the project.

Coordinator
OCTLIGHT APS 

Organization address
address: DIPLOMVEJ 381
city: LYNGBY
postcode: 2800
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 Denmark [DK]
 Project website http://www.octlight.com/2019/08/16/octlight-receives-eu-sme-phase-1-grant/
 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 2019-08-01   to  2019-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    OCTLIGHT APS DK (LYNGBY) coordinator 50˙000.00

Map

Leaflet | Map data © OpenStreetMap contributors, CC-BY-SA, Imagery © Mapbox

 Project objective

According to the World Health Organization, 50% of all cases of blindness in Europe are preventable and 80% of all vision impairment is considered avoidable. However, early diagnostic requires comprehensive and accurate diagnosis tools. While OCT has emerged over the past two decades as the undisputed gold standard for accurate, high resolution local characterization of ophthalmic tissues, its limitation to provide wide field-of-views (FOV) over the entire eye structures has been vastly acknowledge as a key bottleneck to improve early diagnosis of eye conditions – in particular retinal vascular diseases (e.g. diabetic retinopathy).

OCTLIGHT has developed a disruptive laser source – the heart of the OCT system – enabling a step improvement over competing alternatives in the market, providing the cornerstone towards the next generation of 3-dimensional, wide-field and high-resolution imaging of the eye. Besides its superior performance compared to current competitive technology, OCTL’s swept source delivers these advantages at a competitive price, providing an unmatched value proposition– not only in ophthalmic applications but also in other fields using OCT (e.g. cardiology, dermatology, etc.).

Resonating with the fast expansion of the OCT market - expected to reach $1.8Bn by 2024 and growing at a double-digit rate – there is thus a very significant business opportunity for OCTLIGHT to gain a foothold as the lead (sub-)supplier of top tier OCT components. Hereto, the successful implementation of the present innovation project will represent a significant business opportunity for OCTLIGHT, with significant revenue/profit and job creation to be untapped in the first 5 years of commercialization. In addition, the present project is considered as a vital cornerstone to fuel OCTLIGHT’s growth, while simultaneously providing tailwind to a step performance improvement in next generation OCT systems.

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

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