We would like to share the good news that Lightware has won a grant in the H2020 Phase 2 Research and Development grant program of the European Union to develop a ’High Bandwidth Long Distance Uncompressed Audio-Video Signal Transmission System’, which development work is currently running under the working name ’UBEX’.
We are proud of the team participating in the application process including people from engineering, marketing, sales and finance, all working heavily to bring this project to the required level of complexity. Out of the 969 applications only 48 won grants.
This EU support will allow us to greatly enhance the development process, allocate more sources, buy new equipment, test more methods and enroll engineers in specific training.
Winning this grant is also a clear indication received from the most relevant and credible organization that Lightware is on the right track and among the best companies of its kind on a global scale.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 733400.