BUS2GREEN

About this project

<p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">InDigital SA Technology <span style="color: #000000">is a Greek ICT services provider (incl. for applications related to Neural Networks and Machine Learning techniques). Indigital has recently focused on projects related to Public Road Transportations.</span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">Even though emission targets set by the EU are becoming increasingly strict, Greece, as other countries in the EU and internationally, has an large and aging fleet of internal combustion engine buses, which is difficult to replace with electric buses mainly due to the high cost that this would entail.</span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">The main objective for project BUS2GREEN by InDigital SA Technology is to reduce the environmental footprint of public transportation in Greece, Europe and abroad. The R&amp;D project aims to design and develop a "hybridization kit" for road-based public transportation (mostly buses with thermal combustion engines) in urban areas, to reduce fossil fuel consumption and CO2 emissions. In addition, introduce energy-saving measures as well as energy production and storage solutions in conventional vehicles. </span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">The project has two partners; Dimosthenes Stampas &amp; SIA EE (“Power Sales”) and Democritus University of Thrace (DUTH). <span style="color: #000000">In the frame of BUS2GREEN project, PowerSales shall undertake the prototyping of the proposed concept</span><span style="color: #000000">. DUTH shall provide the necessary technology transfer in terms of modeling, simulation and design of the solution.</span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">Through the project, 4 new jobs will be created, 1 IPR and a significant decrease in emissions in the fields where the solution can be implemented. The project will result in increased competitiveness and revenues for IndDigital SA Technology in Greece. </span></span></p> <p>&nbsp;</p>

Project partners

• Dimosthenes Stampas & SIA Project partner· Greece
• DEMOCRITUS UNIVERSITY OF THRACE - SPECIAL ACCOUNT FOR RESEARCH FUNDS Project partner· Greece