23. May 2019

Celeroton receives funding from EU Horizon 2020 SME instrument phase 2 program

Celeroton was awarded a phase 2 project from the highly competitive EU Horizon 2020 SME instrument program. The grant will be used to take the last technical and commercial steps to introduce our unique turbo compressor systems as the key technology for oxygen supply in the fuel cell vehicle market.

The SME Instrument is part of the European Innovation Council (EIC) pilot that supports top-class innovators, entrepreneurs, small companies and scientists with funding opportunities to develop ground-breaking innovative ideas for products, services or processes that are ready to face global market competition.

“This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 858504.”