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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 19:11

Enterprise Estonia gives EUR 125,000 to help develop new Estelon speaker

BC, Tallinn, 27.06.2017.Print version
Alfred & Partners OU, Estonian manufacturer of audio speakers of the Estelon brand, has received a grant of 125,000 euros from Enterprise Estonia to finalize the development of a speaker model that will have a price tag of 40,000 euros, informed LETA/BNS.

"In May we launched the prototype of Estelon Lynx, which are the world's first intelligent speakers. And the goal of this follow-up project is to present the product on different markets all over the world and finalize the product development in order to start manufacture," Alissa Vassilkova, board member of the company, told.


The new model is a speaker that contains all necessary electronics and technology and only needs a digital source of music to operate. The regular version of the speaker of the new design will cost 40,000 euros and the version covered in diamond dust 50,000 euros.


"Within the framework of this project, which began in June, we also put on the market a new version of our current flagship Estelon Extreme, which we presented in the UK last weekend," Vassilkova said.


Alfred & Partners OU is a company founded by Alfred Vassilkov, its chief designer, who has been building and designing audio speaker for over 30 years.


In 2012 the business of Alfred & Partners OU was supported also by Kredex.


The Consumer Electronics Association (CEA) in November 2014 named Alfred & Partners Best of Innovation honoree of 2015 International CES trade fair in the  high performance home audio and video category. The International CES is the global gathering place for consumer technologies that is owned and produced by the CEA, a technology trade association representing the 211 bln U.S. dollar consumer electronics industry.


The cost of the project co-financed by EAS is 277,010 euros, of which EAS will pay 124,655 euros.






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