STEEL-OPT: Space-Enabled Steel Scrap and Raw Material Optimisation System
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STEEL-OPT is an innovation project selected for funding under the First FIERCE Open Call for Financial Support, an EU-funded programme for future industrial ecosystems. It is led by GL Metal Works Ltd, a Cypriot steel fabrication company.
The project integrates Copernicus satellite-derived climate and atmospheric data into industrial decision-making, to optimise raw material procurement, steel storage conditions and manufacturing operations.
By combining environmental intelligence with operational data, STEEL-OPT aims to reduce steel scrap, minimise corrosion-related material losses, improve production efficiency and lower the environmental footprint of steel fabrication.
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K. P. INNOSERV LTD is the specialised external service provider of STEEL-OPT. We contribute technical feasibility assessment, proof-of-concept development, digital decision-support solutions and lifecycle environmental analysis.
The project shows how space-enabled technologies can be turned into practical tools for traditional industries, and continues our work supporting Cypriot enterprises in the green and digital transition.
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GL METAL WORKS LTD (Cyprus) – Beneficiary, steel fabrication
K. P. INNOSERV LTD (Nicosia, Cyprus) – Specialised external service provider
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the granting authority. Neither the European Union nor the granting authority can be held responsible for them. STEEL-OPT is supported through the FIERCE Financial Support Programme.