Delft-based Orbital Eye Secures €2M in a Fresh Round of Funding. Leading the round was S[&]T Ventures. Support for the partnership is offered by the Ministerie van Economische Zaken en Klimaat and the Netherlands Enterprise Agency (RVO) via the InnovatieKrediet tool.
Sven van Haver, CEO of Orbital Eye says, “This funding is key in scaling our technology and staying the technology leader in our market. It allows us to further exploit AI to maintain our top-notch monitoring performance while further automating our satellite-based monitoring solutions. Thus, enabling us to serve any customer in the market, regardless of their network size, with the same high quality that we are known for.”
Established in 2012 by a group of specialists in remote sensing and machine learning, Orbital Eye BV intends to replace conventional aerial inspections carried out by helicopters with sophisticated satellite observations.
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The business has developed the ability to automatically process thousands of square kilometres of daily radar and optical satellite imagery. Inspectors, asset managers, and HSE staff can then get situational awareness thanks to the automatic uploading of notifications.
About Orbital Eye
Orbital Eye, based in Delft, The Netherlands, assists government organisations, asset managers, and critical infrastructure operators in making the switch from environmentally harmful monitoring methods to eco-friendly and user-friendly substitutes.