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NanoFLUX SIGNED

Revolutionary nano coatings, for enhanced heat transfer in heating and cooling applications

Total Cost €

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EC-Contrib. €

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Partnership

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 NanoFLUX project word cloud

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

2021    improvements    units    limit    manufacturers    positioned    rising    alfa    treats    made    devised    improvement    engineers    prices    driving       upfront    boosting    extension    2bn    uniquely    company    gained    efficient    million    prospect    contracts    cagr    integrators    intensive    oxford    penetrate    2024    benefited    legislation    revenue    refrigerants    decades    declining    leadership    timetable    position    saving    effect    transfer    servicable    reducing    nanoflux    bans    cuts    exchanger    improves    energy    investment    meet    lines    refrigerant    reaching    technologies    tests    cooling    weight    creation    refrigeration    regulations    nanosystems    innovation    40    first    innovative    gas    efficiency    easily    200    nanostructured    core    industries    coatings    sustainable    heat    job    manufactured    conditioning    heating    performance    team    money    revenues    26bn    commercial    size    plant    class    emissions    volume    exchangers    entrepreneurs    50    air    compact    market    swep    laval    70    greenhouse    components   

Project "NanoFLUX" data sheet

The following table provides information about the project.

Coordinator
OXFORD NANOSYSTEMS LTD 

Organization address
address: UNIT 11, BLACKLANDS WAY, ABINGDON BUSINESS PARK
city: ABINGDON
postcode: OX14 1dy
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 United Kingdom [UK]
 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 2020
 Duration (year-month-day) from 2020-01-01   to  2020-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    OXFORD NANOSYSTEMS LTD UK (ABINGDON) coordinator 50˙000.00

Map

 Project objective

Heat exchangers are core components of many energy intensive applications in heating and cooling. They have not benefited from much improvement in performance for many decades. However, European legislation to limit greenhouse gas emissions and the prospect of bans on refrigerants (and the side effect of rising refrigerant prices) is driving change. Oxford nanoSystems is uniquely positioned to help manufacturers and system integrators meet the ambitious timetable of regulations, while saving them money and resources. Oxford NanoSystems has devised NanoFLUX, a novel process for the application of nanostructured heat transfer coatings, which greatly improves the efficiency of heat exchangers. Heat exchangers, and by extension systems such as air conditioning or refrigeration units, are made more efficient (-40% energy), more compact (-50% size and weight), with and require -70% less refrigerant – which both cuts costs and reducing greenhouse gas emissions. The cost effective NanoFLUX process treats pre-manufactured components, so the innovation can be easily integrated into existing volume plant lines with low upfront investment, achieving scale quickly. The company aims to penetrate a servicable market of over €2.2bn, within an overall €26bn heat exchanger market, growing at CAGR 8.2%. The innovation has already gained significant market interest: NanoFLUX has achieved step-change improvements in tests on the most efficient devices of manufacturers such as SWEP and Alfa Laval. The team includes experienced entrepreneurs, first class engineers, and decades of commercial experience in heat transfer industries. Oxford NanoSystems aims to build from existing R&D revenues, reaching scale commercial contracts by 2021, achieving €30 million revenue and over 200 job creation by 2024. It will contribute to boosting the declining EU leadership position in sustainable and innovative heat transfer technologies.

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

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