Israeli-headquartered Captain’s Eye has developed an AI-based system that identifies unusual events on ships and delivers alerts in real-time and has just secured an investment of US $4 million from Israeli company SIXAI.
The $4m investment will be used to further enhance the AI-based system from Captain’s Eye, which is able to identify and alert operative, safety and security issues in all types of vessels. This includes smoke and leakages, security breaches, unsafe crew behaviour or anomalies.
The system is based on an infrastructure of cameras covering the critical areas in the vessel and monitors it automatically 24/7 in order to detect anomalies in accordance with predefined parameters. The company has a strategic partnership with XT Shipping, has signed agreements with several global shipping companies, and a pilot at the Ashdod Port in Israel.
Captain’s Eye was founded in 2020 by Col. (Res.) Uri Ben-Dor and Col. (Res.) Doron Oizerovich.
Uri Ben-Dor, Captain’s Eye’s CEO commented: “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 activity to additional markets and offer our unique technology to additional segments in the maritime world. Our pilot with Ashdod Port proves that our system is extremely relevant to various customers in their effort to prevent accidents and severe environmental pollution.”
Ran Poliakine, SIXAI’s founder, said: “We are pleased to announce today the completion of our strategic investment in Captain’s Eye. The company’s platform and expert team are a significant addition to SIXAI’s AI-based service and product offering, and opens new and relevant markets to SIXAI, enabling us to provide our global partners with solutions to their burning needs.”
