Bio-AX | A new wearable, cost effective and non-invasive biometric solution for accurate and high throughput screening of people, bags and vehicles

Summary
AUDAX Global Solutions Ltd. is an SME founded in Plymouth UK in 2005. Since then it has become a pioneer in the delivery and development of mobile digital evidence gathering products and services. The AUDAX team consists of the most knowledgeable experts in the industry who are committed to offer ground breaking innovative solutions. AUDAX owns a new technology Bio-AX™, a new wearable, cost-effective and non-invasive biometric solution for accurate and high throughput screening of people, bags and vehicles. This technology will bring many benefits to the stakeholders and increase security in our communities. AUDAX sees a huge business opportunity through sales. The uniqueness of Bio-AX™ will increase the Unique Selling Proposition (USP) of our products and competitive advantage in the market. AUDAX believes that Bio-AX™ will raise the Company’s profitability and grow its workforce. AUDAX has invested in Bio-AX™ and it is now in prototype phase. However, the Company requires further financing through SME Instrument to fund the transition of the prototype into commercialisation. In Phase 1 our specific objective is to prepare a clear Feasibility Study and Business Plan to determine the feasibility, possibility, viability and sustainability of this new project.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/673969
Start date: 01-06-2015
End date: 31-08-2015
Total budget - Public funding: 71 429,00 Euro - 50 000,00 Euro
Cordis data

Original description

AUDAX Global Solutions Ltd. is an SME founded in Plymouth UK in 2005. Since then it has become a pioneer in the delivery and development of mobile digital evidence gathering products and services. The AUDAX team consists of the most knowledgeable experts in the industry who are committed to offer ground breaking innovative solutions. AUDAX owns a new technology Bio-AX™, a new wearable, cost-effective and non-invasive biometric solution for accurate and high throughput screening of people, bags and vehicles. This technology will bring many benefits to the stakeholders and increase security in our communities. AUDAX sees a huge business opportunity through sales. The uniqueness of Bio-AX™ will increase the Unique Selling Proposition (USP) of our products and competitive advantage in the market. AUDAX believes that Bio-AX™ will raise the Company’s profitability and grow its workforce. AUDAX has invested in Bio-AX™ and it is now in prototype phase. However, the Company requires further financing through SME Instrument to fund the transition of the prototype into commercialisation. In Phase 1 our specific objective is to prepare a clear Feasibility Study and Business Plan to determine the feasibility, possibility, viability and sustainability of this new project.

Status

CLOSED

Call topic

DRS-17-2014-1

Update Date

27-10-2022
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Horizon 2020
H2020-EU.2. INDUSTRIAL LEADERSHIP
H2020-EU.2.3. INDUSTRIAL LEADERSHIP - Innovation In SMEs
H2020-EU.2.3.1. Mainstreaming SME support, especially through a dedicated instrument
H2020-SMEINST-1-2014
DRS-17-2014-1 Critical infrastructure protection topic 7: SME instrument topic: “Protection of Urban soft targets and urban critical infrastructures”
H2020-EU.3. SOCIETAL CHALLENGES
H2020-EU.3.7. Secure societies - Protecting freedom and security of Europe and its citizens
H2020-EU.3.7.0. Cross-cutting call topics
H2020-SMEINST-1-2014
DRS-17-2014-1 Critical infrastructure protection topic 7: SME instrument topic: “Protection of Urban soft targets and urban critical infrastructures”