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2024.09.02

EU FUNDING RECEIVED FOR THE IMPLEMENTATION OF THE PROJECT

"Axioma Metering" shares news about its secured European Union funding. These funds will be directed towards our collaborative project with Corner Case Technologies, an innovative Internet of Things solution for water accounting.

This project aims to transform water management by creating an advanced system integrating smart metering devices with a reliable real-time monitoring, diagnostics, and management platform. This innovative solution raises the question of what is possible in smart infrastructure to make water management more efficient and sustainable.

This initiative, officially known as "Development of IoT-based water metering devices and their monitoring, diagnostics and management platform" (Project No.: 02-020-K-0037), has a total project value of 3,610,204 euros, of which the European Union and the Ministry of Economy and Innovation jointly finance 2,000,000 euros. The project started in 2024 in August, and it is scheduled to be completed by 2026 in August.

This funding proves that Axioma Metering's work and long history in developing smart meters have been noticed, evaluated, and approved by EU institutions. The financial contribution also underscores the significance of the organization's experience and accumulated knowledge in improving water-saving solutions, which are essential for the well-being of every European resident.

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