Emerging Industries New Value Chains Boosted by Small Flying Objects (UFO)
The Horizon 2020 (H2020) funded UFO project coordinated by Aerospace Valley, France, was launched in May 2020 with a budget of more than €4.3M. KTN is a project partner and is joined by the experience and expertise of Minalogic, ICT Cluster , Cluj IT , Corralia , Finance Innovation , and Marine South East . The consortium also includes the Climate–KIC as an Associated Partner.
The first UFO Ideation Presentation Session Webinar was organised on 19th November 2020, highlighting some of the project’s most important initiatives (including details on funding opportunities for SMEs and information on the upcoming open calls). Click here to view the recording.
The project will run for 30 months and aims to support European SMEs in the development of innovative products and services by integrating new technological solutions and know-how provided by Small Flying Objects (SFOs) such as drones, small satellites and high altitude platforms (HAPS), in order to address societal challenges and emerging market industries needs.
The six emerging industries are:
- Blue Growth
- Digital, Creative and Gaming,
- Finance and Insurance
Throughout the project duration, in order to foster collaborations between SMEs from different sectors and countries, there will be Open Calls for Proposals (Financial Support to Third Parties (FSTP) or often they are called Cascade Funding) with an indicative budget of over €3M published on the UFO website. Overall, the project will support innovative solutions from 50 – 75 SMEs. The Climate-KIC will provide additional funding for climate change related topics that meet their own funding criteria.
Download a brochure about the project here.
View an information video here.
A UFO SME Engagement Workshop took place on the 3rd and 7th December 2020 and covered the six emerging industries. Watch the recording here.
Related Events and Recordings
Programmes related to Small Flying Objects
Innovate UK KTN helps UK companies engage with European funding programmes and help them create collaborations.