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Bankers give green light to five Nizhny Novgorod high-tech projects

Investment experts from Sberbank, Russia’s largest savings bank, and Promsvyazbank, another sizable Russian bank, have completed assessment and approved for future funding five high-tech projects being developed in the Sarov Techno-park some 185km south of Nizhny Novgorod, in the mid-Volga area, the Sarov Techno-park PR department announced earlier this week.

Evgeny Evdokimov, one of the Rusnano Infrafund directors and a member of Marchmont’s Advisory Board, is reported to have also participated in the project evaluation.

Alexander Korobko, the CEO of Binar Co, presented for the expert assessment his project called Sulfacap, aimed at developing innovation technology to remove sulfur impurities from various gases. According to the developer, the technique is much less costly compared to analogs, and is believed to help save energy and sorbents and also dramatically reduce harmful emissions into the atmosphere.

Alexei Bursikov from ITC SITIS pitched his project called “Angel—The Development of a Sorbent for Gas Storage and Transportation.” The effort is expected to evolve into the creation of “the cheapest method of shipping and storing methane.” According to the developer, the technology calls for no rigid conditions such as traditional high pressure or ultra-low temperatures.

Istok, led by Vasily Shpilko, has developed a precision high-voltage source of controllable-rating electrical current, which is said to be “superior to international analogs in many parameters” and believed to one day become a replacement for imported systems in Russian industry. The device is reportedly universal as it can be hooked up to a wide variety of instrumentation and is assumed to offer a broad range of power rates while keeping high efficiency (97%).

Oleg Vyskubenko, the CEO of Galan, presented to the banking experts his project focused on developing and manufacturing laser gas analyzers. The analyzers have been designed to pinpoint concentrations of gaseous substances by applying laser diode spectroscopy. Similar gas analyzers are no news in the oil and gas sector; however, the Galan-developed analyzer is said to have some substantial competitive advantages, including high sensitivity, improved reliability and durability, and an increased speed of measuring (with a few measuring cycles per second).

Alexei Umnov from Radiotekhnologii-NN pitched his hardware and software platform for the development of a sophisticated environmental monitoring network. The company is reported to have already created several special services based on the platform. If the developer pulls it off, customers from among both individuals and organizations will be able to have accurate, highly localized weather forecasts, enabling responsible decision-making that would take into account all weather-related risks in municipal administration, complex projects in civil engineering, and in agriculture.

 

2013-09-05, Marchmont News.


Keywords: Nizhny Novgorod Region, Sberbank, high-technology sector, Promsvyazbank, funding

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