New grant from European Regional Development Fund
In 2018 Magma Solutions, UAB has started to implement EU funding project
“Image processing systems for unmanned aerial vehicles and smart cities”
The project includes R&D activities aimed at creating artificial intelligence (AI) systems
for real-time image processing. The results of the research will be used in unmanned aerial vehicle (drone)
and smart city solutions. Project activities will include the development of real-time algorithms for
image processing, and a new AI architecture which will allow to integrate different imaging and data streams.
The project researchers will create two PIXEVIA image processing platform products:
• Prototype of image processing system for unmanned aerial vehicles (drones);
• Prototype of image processing system for smart cities.
The developed solutions can be sold to drone manufacturers as well as to companies providing parking,
retail and security services.
Magma Solutions, UAB will implement the project, utilizing given time and resources,
maximizing the objectives and results of the application.
The project is funded by the European Regional Development Fund.
Project executor – "Magma Solutions, UAB";
Project partner – Institute of Advanced Technology;
Total value of the project: 922 218.86 EUR;
EU grants: 670 358.25 EUR;
Start of the project execution – 01/01/2018;
End of the project – 30/11/2019.