It’s about time for us to life the lid on our project that was enabled by the European Space Agency Business Incubator Centre (ESA BIC). Our development project recently finished so it’s a good time to explain what the project was about, what has been achieved and what we learnt along the way. And more importantly, what comes next for us.
The ESA BIC a scheme is for new businesses that have space related applications to get off the ground and open up new markets. In the UK the scheme is managed by the Science and Technologies Facilities Council - a division of the UK Research and Innovation agency funded by the government.
For any other budding entrepreneur interested in any aspect of the space economy we encourage you to look at the scheme (we’re more than happy to give advice on applying).
We - Farfields IoT - proposed to ESA BIC a remote monitoring system for boats using low cost satellite communications to collect data wherever the boat is located. This informs the boat owner of the status of onboard electrics so that they know their boat will be ready for sailing.
An important aspect of the ESA BIC programme has been a market entry plan which is why the Resegva brand has been established. We needed a brand that would resonate with our marine market and relate to our use of satellite communications.
Resegva is the Cornish word (Kernewek language) that is used to mean ‘orbit’ and reflects our use in the new era of satellite communications and recognises the proud marine and trading history of this region in the British Isles.
Our Resegva logo features a satellite in orbit. Find out more about why we chose Resegva here.
Our development plan starting in late 2022 had the target to produce a working prototype for installation on boats for a trial period. We successfully completed the project and have been operating on a small number boats from mid 2023 to demonstrate the viability of the technology operation.
The most important outcome has been recognition of the importance of electric propulsion to the future of boating. We talked to many boat owners and boat businesses about what the future of their boating is to direct what we should be doing next.
This is now our future focus and more on this in an upcoming blog post. We want to hear more and welcome more connections from boat businesses working on electric propulsion.
Our goal: Ensuring the safety, performance and reliability of boats with electric propulsion.
ESA BIC UK report on our project completion
https://www.linkedin.com/posts/esabicuk_esabicuk-esabicuk-esabicuk-activity-7141426716522024960-cuPx