Gas separation using thin zeolite membranes
|Coordinator||Luleå tekniska universitet - Institutionen för samhällsbyggnad och naturresurser|
|Funding from Vinnova||SEK 1 999 072|
|Project duration||May 2016 - November 2018|
Purpose and goal
Overall, the project has accomplished around 80% of what it initially set out to do. The purpose was to make the high-risk venture ready for private capital after the completion of the project. The main goal was to validate the business concept and the technology through a pilot project with a paying customer. We haven´t reached all the way, but we have come far. Today we have a large and important industrial actor evaluating our prototypes for use in industrial gas separation processes in massive scale.
Expected results and effects
The effect that the venture would have been made attractive to private equity investors by de-risking it has not been fully achieved. Significant progress has been made with regards to business as well as technology. The venture is still relatively immature with regards to its organizational capabilities and ability to attract private investors but it does have some revenues from test and development projects, which is one form of private capital.
Planned approach and implementation
The idea that paying cusomters is the strongest validation for any business concept has been a guiding light for the project. Initially, we focused on intensifying our relations with customers and partners in order to test our value proposition. Based on the feedback from this work, we have since changed direction and are now focusing on applications within natural gas. The development of an industrially relevant prototype has been carried out in close collaboration with industry parnters. A prototype is now being tested by a potential customer in order to validate performance.