Water scarcity and ageing water infrastructure are fast-growing global issues. In 2050, regions which accounts for 45% of the global GDP will suffer a lack of 40% of the water need or more (Global Water Intelligence, 2017). Today, 20-30% of produced fresh water is lost due to leakage in the water pipelines. Public water pipelines are designed to last no more than 100 years but current renewal rates are around 0,4-0,5% in many countries. On top of this, water utilities lack effective & efficient tools for collecting information about their pipelines in order to get data driven investment decisions.
In order to detect leakages and water with poor quality today, wireless measurement systems are being installed throughout the pipe network. However, the greatest hinders to this development is lack of proper power supply and efficient wireless communication for the remotely located devices. Today’s solutions are expensive and inconvenient.
Uniqueness, Technology overview, barriers to competition
The milestones to be fulfilled during the next value adding step from Q1, 2018 are primarily: 1) Execute internationalization strategy. 2) Validate all parts of the newly added digital part of the value offering. 3) Industrialize technology, currently at TRL 6. Investment opportunity is €700 000, valuation TBA.
Market size and analysis
The European market for sensors & automation/control in the municipal water sector is 5,2 USD yearly (Global Water Intelligence, 2017). The length of the pipeline network for drinking water in the Europe region is more than 4 500 000km in total, equal to 710 turn around the equator. A moderate setup would indicate on a sensor node every 10km which would give a market of 450 000 units in total with a value of 1,7 billion USD with a product value of 3 000 USD (Aqua Robur, 2017).
|First Name||Last Name||Job Title||Impressive Facts|
|Niklas||Johansson||CEO||A purposeful growth strategist with a great rapport with Aqua Robur’s customers and partners. Niklas holds a MSc at the Chalmers School of Entrepreneurship and a Bachelor’s degree in Industrial Engineering and Management from Chalmers.|
|Martin||Holm||CTO||Has unique skills when it comes to turning customer demands into brilliant products. He holds a MSc in Product Development and a BSc in Mechanical Engineering, both from Chalmers University of Technology.|
Get in touch
You need to log in or register to contact this startup.