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Summary sheet

Release date
1 July 2025
Status
Reference
Signed | 12/12/2025
20240831
Project name
Promoter - financial intermediary
TECHEU VD OPTICS11 (IEU FT)
OPTICS11 BV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million
EUR 51 million
Location
Sector(s)
Description
Objectives

Optics 11 develops advanced fibre optic sensing technology, with a focus on applications in the Energy and (Underwater) Security sectors.

The aim is to further develop Optics11's three flagship products (OptiFender, OptiArray and OptiBarrier) and expand their presence in target markets through dedicated sales efforts. In detail: - OptiFender is designed to monitor high voltage (HV) and medium voltage (MV) assets, such as transformers, switchgear, and HV cable accessories; - OptiArray is a fibre sensing system primarily intended for underwater surveillance in anti-submarine warfare; - OptiBarrier is a static underwater acoustic monitoring system, mounted on tripods, aimed at advanced seabed monitoring and the protection of underwater infrastructures.

Additionality and Impact

The Project is in line with the InvestEU objective of the development, deployment and scaling-up of digital technologies and services. It contributes to the Public Policy Goal Innovation, Digital and Human Capital - RDI. The Project consists of private sector investments in photonics. Photonics is one of the key areas supported by the InvestEU program. It is recognized as a Key Enabling Technology (KET) due to its significant impact on various sectors of the economy. Photonics involves the use of light (photons) to perform functions that traditionally fell within the realm of electronics, such as sensing, imaging, and communication. Moreover, the project is in line with the Europe's Digital Strategy and Digital Sovereignty. Photonics is included in the Important Project of Common European Interest (IPCEI) that aims to strengthen Europe's capabilities in microelectronics, photonics and semiconductor industries.

The Project is expected to lead to the development and deployment of innovative photonics sensing technology, generating significant positive knowledge externalities. Further, the implementation of the technology in grid monitoring is expected to free up resources for investing in grid extension to connect renewable energy sources. Additionally, its application in underwater security is expected to contribute to the Strong and Secure Europe strategic priority by facilitating the monitoring of underwater infrastructure (submarine cables, pipelines).The project would not have been carried out (to the same extent) by the EIB without the InvestEU support.

Environmental aspects
Procurement

The investments concern research and development (R&D) activities carried out in existing facilities. Consequently, the project does not fall under the environmental impact assessment (EIA) Directive 2011/92/EU (amended by EIA 2014/52/EU).

The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

Milestone
Under appraisal
Approved
Signed
18 November 2025
12 December 2025
Related projects
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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