OneUp is a project that was created and launched in Gran Canaria. It has transcended the Canary Islands and Spanish borders. The project is on its way to becoming one of the most effective tools for saving lives at sea or in any other aquatic environment. It is a life jacket inside a can. It has a salt tablet inside that dissolves in contact with water and spring releases the vest which perforates the CO2 gas bottle and inflates in just two seconds.
Stay up-to-date with the world’s most interesting business headlines with the mobile app Born2Invest. Explore stories, headlines, and content on the whole range of topics from global business to stock market, finance news, bitcoin, cryptocurrency, Africa and much more.
Life jacket invention
The invention of Saúl de León, CEO and creator, together with his partner, Luis Borges, arises as a response to the shipwrecks of boats with immigrants in the Mediterranean.
“The idea was to create something light, compact and that from a safe distance can be launched to help those who are about to drown,” said Borges, who assured that the product created is light, small and easy to transport. “A Red Cross lifeguard can carry 50 or more OneUp life vests on his jet ski, and save 50 or more lives,” he added.
“Saúl de León worked for a year to bring out the OneUp prototype, and when I joined the initiative I brought my knowledge of how to do mass production through my experience with the Chinese industry, where I make drones and other products,” said Borges.
Together with the mass production, they carried out a market study, realizing at that time that they had invented a product that served a greater cause, so they activated a fundraising campaign through crowdfunding. Crowdfunding, or micro-funding, is a network of collective financing.
The OneUp advantage
The campaign raised about $40,000 (€36,000) in three weeks, more than 100% of the target. They discovered that there was a demand for their product and people liked it. This helped the team to carve a market niche and the first distributors started to emerge. The next step was to bring the product to market, one of the buyers being the Government of the Canary Islands, which was later joined by Salvamento Maritimo and the Spanish Red Cross.
The OneUp is approved and has all the certificates required by Europe as rescue material. Soon, they will have the USSG of the Coast Guard of the United States of America, penetrating a much larger market, and will be able to replace the rescue ring in boats of less than nine meters.
The objective is to create a rescue network by installing tools that contain the OneUp but at the same time offer other information and rescue services.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Canarias7, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Deutsche Bank Acquires Berlin-based Fintech Company Better Payment
Deutsche Bank has acquired the Berlin-based payment fintech company "Better Payment". Through the full acquisition, the Frankfurt-based bank not only...
Frontwave Opens its Capital to Femu Ventures to Initiate Human Trials
The clinical trials will initially be carried out at the Vall d'Hebron Hospital in Barcelona and will be coordinated by...
Oil Continues to Rise as Supply Disruptions Continue
Evergrande and the looming debt limit fight are the topics of the week. Apparently Evergrande didn’t make the payment triggering...
Modern Monetary Theory Has no Place for Supply and Demand Fundamentals
All big market declines in the Dow Jones occurred with all-time highs in Dow Jones trading volume. A complete inversion...
Cosmos Price Forecast After ATOM Shoots Into Top 20
Cosmos price is recovering due to the general demand for altcoins. In fact, a closer look at CoinMarketCap shows that...
Cannabis2 weeks ago
Are Cannabis Social Clubs in Barcelona on the Verge of Closure
Featured2 weeks ago
Should You be Looking for Reasons to Sell the Stock Market
Africa2 weeks ago
Energy Efficiency: the Moroccan Ministry of Housing Gets up to Standards
Crypto2 weeks ago
Coinbase Pro Accidentally Relists the Troubled XRP