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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.

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

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

 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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