XTPL's Pioneering Role In The UltraSense Project Under HORIZON Program
XTPL S.A., a partner of J.A.M.E.S, has recently received a European grant for their involvement in the UltraSense project under the HORIZON program. This project carried out in collaboration with an international consortium, focuses on developing a multifunctional device for body composition analysis and health monitoring. The device will utilize advanced materials and artificial intelligence to foster a healthier lifestyle.
Key Aspects of the Project:
- Objective: The UltraSense project aims to create a flexible and efficient device for health monitoring and body composition analysis.
- Role of XTPL: XTPL's responsibility is to develop materials that enhance the device's extensibility, efficiency, and energy performance.
- Project Grant and Value: XTPL has been awarded a grant of EUR 510,063.50, which represents their total share in the project. The overall value of the UltraSense project is EUR 6,984,473.00.
- Duration: The project is set to span 48 months.
- Consortium Members: The project consortium includes several prominent European institutions and companies, such as the National Technical University of Athens, Polar Electro OY, Teknologian Tutkimuskeskus VTT OY, Graphenea Semiconductor S.L., and others.
- Strategic Significance: This project aligns with XTPL's strategic direction in developing and applying conductive inks and reinforces their collaboration with European technology companies for commercialization efforts.
The XTPL Management Board has emphasized the confidentiality of this grant, as it is a significant part of the company's financing for its technological developments. The final funding amount may be subject to minor adjustments during the documentation preparation for the grant agreement, which XTPL will report separately.
For more detailed information, you can refer to the original article in Polish here.
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