H2020 SME Instrument invest in the project GaSeS, by SENSIA Solutions

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The project coordinated by Sensia Solutions S.L., “The first low cost optical gas imager for fugitive emissions mitigation, increasing energy efficiency in industry – GaSeS” , is one of the 9 small and medium-sized companies selected in the topic low-carbon an energy efficient systems, in the latest round of the Horizon2020 SME Instrument Phase 2. The Universidad Carlos III de Madrid participates in the societal capital of Sensia Solutions, supported by the Business Incubator of the UC3M Science Park .

There is a growing demand of technological solutions to detect and identify gas leaks in different industries. It is expected that this market will grow from 5.818 M€ in 2015 to 8.000 M€ by 2020, at a CAGR of 6.6%. Products to be developed and demonstrated in this project respond to the specific needs and requirements from industries in the Oil&Gas and chemical (Sulphur dioxide, SO2) sectors.

SENSIA ambition is to commercialize a low cost (price reduction of among 70-80% compared with current alternatives) Optical Gas Imaging (OGI) that can easily detect and identify fugitive gas emissions in the Oil&Gas, chemical (SO2) and many other industries. This device will be the first of its kind considering that solutions currently available are based on cooled technology, with much higher costs and complexity associated..

After this project SENSIA expects to disrupt the fugitive emissions mitigation market with a whole solution fitted to its demands. For that purposes, not only the best technology is required but also to re-educate the market for the transition from sniffers to OGI.

SENSIA Solutions is a spin off from Infrared Lab-UC3M, based on optimization of IR technology to give ad-hoc solutions for problems that standard thermography is not able to solve. The Universidad Carlos III de Madrid participates in the societal capital of Sensia Solutions, supported by the Business Incubator of the UC3M Science Park .

Commission invest over ¤103 million in 71 innovative companies under the Horizon 2020 SME Instrument

71 small and medium-sized companies (SMEs) from 22 countries have been selected for funding in the latest round of the Horizon2020 SME Instrument Phase 2.

Spanish SMEs were the most successful with 19 companies selected for funding. Most projects are in the field of ICT and transport (10 projects each) followed by 9 projects in the field of low-carbon and energy efficient systems, which include Sensia Solutions.

Funding under Phase 2 of the instrument allows companies to invest in innovation activities such as demonstration, testing, piloting, scaling up and miniaturisation, in addition to developing a mature business plan for their product. The companies will also benefit from 12 days of business coaching. Most projects are proposed by a single SME but some companies team-up to elaborate a project.

 

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 756346.