Summary:
New innovative systems designed and developed by an Italian team, that prevent plastic waste and oil in rivers from entering the sea, whilst also allowing navigability and having no detrimental effect on river flora and fauna. As the projects are ready to enter the market, the company is now looking for industries working in the environmental sector and services interested to invest thought licensing agreement or investing in the industrialization and commercialization phases.
Description:
The Italian company was founded in 2008 and has decades of experience in the plastics sector.
In 2018, in an effort to combat the plastic waste problem, the company has developed an innovative system for the collection of plastic waste floating along watercourses.
The solution consists of a series of floating devices, positioned diagonally on the course of the river; thus positioned, they intercept plastic waste and transport it to the riverbank, in a special storage area.
Thanks to the water current, the waste is diverted from the modular barrier and brought to the appropriate collection point.
This system therefore does not require any other energy source and does not produce any kind of waste. Indeed, the system is designed to have a reduced impact on the eco-system: fauna and flora do not suffer stress from the system.
80% of the plastic in the oceans comes from rivers, and it's where it is easier and more effective to go to act.
The system is therefore an innovative, unique, and efficient with a low environmental impact solution, able to adapt to any watercourses.
Recently, the company proposes a new and innovative system to stop pollution from oils and other liquid pollutants in river waters. Parallel and integral to the plastic recovery system, it is designed to always allow navigability with the utmost respect for river flora and fauna.
The participation in or purchase of this project by private individuals certainly represents a profitable investment that aims at achieving a real change in current production paradigms whilst also generating an important economic return. For this purpose, the company is looking for an corporate investors already active in environmental market and services for the industrialization and commercialization phases or to license or purchase the patent and manage the business on their own.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
Since the project has been tested and is now ready to enter the market, the company is looking for cooperate investors interested to purchase the license of the patent or to invest in the industrialization and commercialization phases.
In particular:
- Foundations: willing to acquire the project and benefit from governmental/EU/international funds.
- Multinational corporations: willing to finance a first installation to promote the project (in this case the ownership of the patent would remain with the company). The company gains publicity and public approval.
- International companies, previously collaborating with public institutions, willing to buy the patent and then produce and install the system on a global scale.
Stage of Development:
Field tested/evaluated
Comments Regarding Stage of Development:
Physical simulation tests with professional software and field tests of prototypes have been carried out, which have led to the proof that the system is 100% scalable, can operate 24/7 and guarantees 85% efficiency in the collection of plastic waste. The level of efficiency rises to 95% if only floating plastic waste is considered.
IPR Status:
Patent(s) applied for but not yet granted
External code:
TOIT20201111001
