Project No.: J05-LVPA-K-03-0144
Start of the project: 2017 October
End of the project: 2021-11-30
Project goal: to increase the company's innovative potential

Result: During the implementation of the project a certified processor wireless modules designed for the IoT market were created.

Project activities and benefits: during the project it is planned to invest in the research and development for the creation of innovative IoT products. Creating new products and delivering to the market will increase the company's revenue and market competitiveness. The continuity of the project will contribute to the development of the electronics industry and the education sector in the country and globally.

Total project value: 1.8 million Euro
EU funds grant: 0,9 million Euro

The project is partly financed by the European Regional Development Fund under measure No. J05-LVPA-K „Intellect. Common business – science projects“ of priority axis 1 Strenghtening research and development and innovation of the Operational Programme for the European Union funds’ investment in 2014–2020.

Contacts: General manager Jonas Sabaliauskas, mobile +37061444116, e-mail: jonas.jr@8devices.com