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02/10/2018 - LEI and business: will develop new generation smart heat and water meters

Axioma Metering” UAB together with Kaunas University of Technology and Lithuanian Energy Institute submitted proposal
to the Structural Funds measure “Intelligence LT-2” (Intelektas LT-2) for science-business projects. With this measure the
business was encouraged to implement joint science and business scientific  R&D projects, which create bigger added value
containing products.

Partners with 7.2 million Eur value project are aimed at developing new generation smart composite ultrasonic heat and water
meters. These would be high quality accounting devices for lower price, with one and a half time longer lifetime and environment
friendly future products. “Axioma Metering” UAB submitted a proposal for 3.8 million Eur of EU investments.

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