SoftBlue wins PLN 6 million grant for water-savings implementation

SoftBlue, an IT expert listed on NewConnect, will receive a PLN 6.1 million grant from the National Center for Research and Development as part of the Fast Track competition. The company’s original project, with a total value of nearly PLN 8 million, has been qualified for co-financing. It concerns the development of a specialized system of expert water partitioning, aimed at rationalizing water consumption. Currently, the company is creating its own Research and Development Center, incl. devoted to rational water management in collective supply systems. Work has already begun.

The National Center for Research and Development has announced that the first partial evaluation of projects submitted in the second round of the Fast Track competition under the Intelligent Development Operational Program 2014-2020 has been completed. Among the selected projects, there was a solution presented by SoftBlue SA.

“Recommendation of the National Center for Research and Development will allow us to launch another project combining modern technology and an ecological approach. Thanks to the expert system of water distribution, leaks will be limited. Consumers will become more aware of the water they use. The advantage of this solution is a distributed analyst using artificial intelligence algorithms” – says Michał Kierul, president of the board of SoftBlue SA.

The project implementation costs nearly PLN 8 million. The co-financing value is PLN 6.1 million.

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