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CAARESYS SIGNED

CAARESYS: vehicle passenger monitoring system based on contactless low emission radio frequency radar.

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

CAARESYS project word cloud

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

confirm accelerate solution 55 saving minimize version phase prototype boosting plan human rapid cars passengers rolling privately revenues deeper effect lives markets employees feasibility car market connect sme founded international business thousands save 2025 pursuing team develops helping successfully beneficial segments piloting vision scaling innovative generation risks instrument extremely capability penetration breakthrough marketable caaresys company 000 israel

Project "CAARESYS" data sheet

The following table provides information about the project.

Coordinator	CAARESYS LTD Organization address address: 2 HA MELACHA ST city: NETANYA postcode: 4250537 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	Israel [IL]
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 2019-06-01 to 2019-11-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	CAARESYS LTD CAARESYS LTD Organization address address: 2 HA MELACHA ST city: NETANYA postcode: 4250537 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.	IL (NETANYA)	coordinator	50˙000.00

Map

Project objective

CAARESYS is a privately held company founded in Israel with the vision of saving car passengers’ lives. The CAARESYS solution will connect passengers to the next generation of cars and minimize the effect of human factor to save thousands of lives. After successfully piloting the prototype version of CAARESYS technology, the team can confirm the capability of its breakthrough product to open new markets in Europe with the potential for rapid growth. By pursuing the present feasibility study, the management team aims to improve its understanding of international market conditions and the associated risks that need to be considered as the company develops a deeper business plan for rolling out, and scaling up CAARESYS as a marketable innovative solution. SME Instrument Phase-1 and Phase-2 will be extremely beneficial in helping the company to accelerate development and market penetration of the solution in target segments, boosting the company’s growth to 40 employees and € 55,000,000 revenues by 2025.

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