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UbiqutekGlide

Financiado

Cerrado

UbiqutekGlide An advanced electrical weed control device to be integrated with...

UbiqutekGlide An advanced electrical weed control device to be integrated with existing agricultural equipment yielding a zero chemical organic result at a reduced operational cost Reduce herbicide usage. Ubiqutek, a UK-based SME built on over 45 years of research presents ‘Glide’ a cost-effective, safe to use and environmentally friendly electrical agricultural weed control solution to be integrated to exis... ver más

30/04/2019

UBIQUTEK

2M€

Presupuesto del proyecto: 2M€

Líder del proyecto

UBIQUTEK LTD No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Fecha límite participación Sin fecha límite de participación.

Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2019-04-30

SMEInst-07-2016-2017: Stimulating the innovation potentia...

I+D

Cerrada hace 8 años

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Información adicional privada

No hay información privada compartida para este proyecto. Habla con el coordinador.

1 Participantes

UBIQUTEK

1.31M€ | Lider

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Duración del proyecto: 31 meses Fecha Inicio: 2016-09-30
Fecha Fin: 2019-04-30

Líder del proyecto

UBIQUTEK LTD No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Presupuesto del proyecto 2M€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto Reduce herbicide usage. Ubiqutek, a UK-based SME built on over 45 years of research presents ‘Glide’ a cost-effective, safe to use and environmentally friendly electrical agricultural weed control solution to be integrated to existing manufacturer’s agricultural platforms. Benefiting the agricultural market, Glide successfully controls weeds, whilst reducing operational costs and the industries use of herbicides and replacing with an organic process that maintains soil moisture and nutrients and increases crop yield. Having already developed ‘Touch', a horticultural and amenity electronic weed control device that has been well received by the market, we are well placed to adapt our core technology for the agricultural market. During our Phase 1 feasibility study, we have undertaken significant research to prove commercial and technical feasibility including voice of customer and business planning, and are now embarking on our Phase 2 journey. We have an ambitious growth target to achieve revenue of €37.5m pa by 2023, cumulative net profit of €49.6m, and creating direct employment of 14 FTE. We project the ROI to the EC at 4.8 with breakeven at year 4 post-commercialisation. Weeds are controlled largely for food production due to their economic significance: the biotic stresses caused by weeds, insects and diseases cause a 31–42% loss in annual food production globally (€454bn). Herbicides account for over a third of the pesticides used in Europe; without herbicides, it is predicted food prices would increase by 40% With herbicides being legislated against due concerns over their health effects, and given increasing global food requirements, alternative weed control technology is essential in the prevention of unsustainable food inflation. This Horizon 2020 Phase 2 project will allow us to scale up our existing prototype and gain independent and extensive trial results of the Glide technology enabling us to launch to market with the necessary evidence of efficacy

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