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ACOSENSE SIGNED

ACOSENSE: The first Acoustic online instrument for intelligent fluids analysis

Total Cost €

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EC-Contrib. €

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Partnership

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 ACOSENSE project word cloud

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

demand    international    south    flow    boost    ph1    invasive    energy    game    acoustics    translates    quality    optimise    2022    carefully    pulp    transformation    saving    meets    links    32    truly    monitoring    19    time    savings    uniquely    generating    continuous    feasibility    enjoy    customers    platform    trl    latin    fail    market    raw    acoustic    unlocks    tested    seek    industries    untapped    operators    vital    industry    benefits    net    grant    chemicals    impressive    materials    jobs    ph2    innovation    spectroscopy    2026    chemical    changing    cumulative    create    fruit    million    cash    chain    pipe    uses    meet    installed    profits    proprietary    patents    performance    tremendous    fibers    area    commercialising    huge    wood    forests    lines    plan    optimization    digitises    acosense    outside    infinite    environmental    chips    company    players    america    biggest    sales    paper    optimized    protected    fluids    business    launch    optimising   

Project "ACOSENSE" data sheet

The following table provides information about the project.

Coordinator
ACOSENSE AB 

Organization address
address: STAMPGATAN 20A
city: GOTEBORG
postcode: 411 01
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 Sweden [SE]
 Total cost 1˙959˙003 €
 EC max contribution 1˙371˙302 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-10-01   to  2021-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ACOSENSE AB SE (GOTEBORG) coordinator 1˙371˙302.00

Map

 Project objective

In the Pulp & Paper and Chemical industries it is crucial to continuously analyse various process parameters and provide this information to operators in real-time, to optimise their processes. However, existing monitoring systems fail to meet these needs, and currently the optimization of the process chain links to a high market potential which is remains untapped. ACOSENSE technology uniquely meets these needs. Our process monitoring system is installed on the outside of the process pipe and uses acoustics to analyse several fluids’ properties. Our technology digitises the process flow and enables continuous and real-time monitoring, in a truly non-invasive way. ACOSENSE enables the better transformation of wood chips to high quality fibers. This unlocks tremendous value for our customers who enjoy impressive cost savings, by optimising their production, saving energy, chemicals and raw materials. At the same time, our technology translates to huge environmental benefits, as more pulp is produced from the same area of forests. Our proprietary acoustic spectroscopy technology is the fruit of 7 years of R&D and is protected by 10 international patents. It is a game changing innovation in process control with infinite applications in every process industry. Currently, ACOSENSE is at TRL-7, with the performance of our equipment already tested in the processing lines of the biggest players of the Pulp&Paper industry. With a feasibility plan developed under a Ph1 grant, we now seek a Ph2 grant to launch into the market our ACOSENSE platform, carefully optimized to meet the requirements of our customers in the Pulp&Paper and Chemical industries. Commercialising our platform in Europe, Latin and South America, we will boost our sales, generating cumulative net profits of €32 million during 2022-2026. This cash-flow is vital to scale-up our business and create 19 new jobs in our company to meet market demand.

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

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