8Devices UAB implements the project “Innovative Product Development at 8Devices UAB” from November 2023, which plans to invest in the experimental development of innovative IoT modules with wireless connectivity. The development and market readiness of the new products will allow the company to increase its revenue and market competitiveness.
The successful implementation of the project will lead to the development of four innovative IoT modules and market readiness for 3 of them.
Project title – “Development of innovative products in UAB 8Devices”
Project promoter – UAB “8Devices”
The objective of the project is to develop innovative IoT modules and prepare them for the market.
Total value of the project is EUR 2.857.281,28, of which EUR 1.041.265,64 is from the European Regional Development Fund.
Project start date – 2023-11
End of project execution – 2026-06
