NEVE ILAN, Israel† June 28, 2022 /PRNewswire/ — SIXAIAfounded by Israeli entrepreneur Ran Poliakineinvested US$4 million in captain’s eyewhich has developed an advanced safety, security and management system that identifies and alerts real-time events on ships.
headquarters in Haifa, IsraelCaptain’s Eye was founded in 2020 by Col. (Res.) Uri Ben-Dor and Col. (Res.) Doron Oizerovich. The company developed a holistic, AI-based system that detects unusual events on ships in real time, preventing material, physical and financial damage at sea. The system can identify and alert operational, safety and security issues in all types of vessels, such as smoke and leaks, security breaches, unsafe crew behavior or anomalies.
The system is based on an infrastructure of cameras that cover critical areas in the vessel and automatically monitor 24/7 to detect anomalies in accordance with predefined parameters. The company has a strategic partnership with XT Shipping, signed agreements with several global shipping companies and piloted at the Port of Ashdod in Israel†
This strategic investment follows the signing of a cooperation agreement by SIXAI with the Israeli Aerospace Industries in October 2021 to convert military technologies of certain segments into commercial applications to meet the needs of the civilian market and to introduce breakthrough solutions that can solve potentially pressing global challenges.
At the same time, SIXAI continues to develop its business in Japan in collaboration with Japanese car giant Musashi Seimitsu (TYO:7220). Together, the companies operate MusashiAI, which developed the first AI-based robot for automotive gear quality inspection, and 634AI, which developed the ‘Maestro’ – a platform that controls all traffic across the entire production floor, enabling organizations to their efficiency at a low operating cost without uncompromising safety standards.
Uri Ben Dorcommented Captain’s Eye’s CEO: “Our partnership with SIXAI is the right thing at the right time for Captain’s Eye. We welcome SIXAI’s decision to join the company as a strategic investor. The investment will enable us to expand our business expand into other markets and offer our unique technology to additional segments in the maritime world. Our pilot with Ashdod Port proves that our system is highly relevant to several customers in their efforts to prevent accidents and serious environmental pollution.”
Ran PoliakineSIXAI’s founder, commented, “We are pleased to announce today the completion of our strategic investment in Captain’s Eye. The company’s platform and expert team are an important addition to SIXAI’s AI-based service and product offerings, opening new and relevant markets for SIXAI, enabling us to provide solutions to our global partners for their burning needs.”
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