Photo - ELNAV
play_arrow
View
59202

ELNAV

Croatia
Market: Information and media, Education, training, Transport, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 03.05.2023
Go to the owner's profile
3
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

We develop systems with state-of-the-art technology to keep the ships safe.

Current Status

The product is in the Beta testing phase.
European Institute for Innovation & Technology founded the prototype development.
In partnership with Fraunhofer Institute in Germany, we developed a custom-made microphone and Automatic Speech Recognition model.
The Faculty of Maritime Studies in Croatia is our partner in developing and testing in a simulated environment, and one prototype is installed in their Navigational simulator.
Split Maritime Pilots are partners with development in a marine environment.
The trade is registered, and the IP patent application is in the national phase.

Problem or Opportunity

On the open sea, ships mostly sail with autopilot turned on, but to enter the port, the ship must go to hand steering. A maritime pilot embarks on the ship, and a helmsman conducts steering via verbal helm orders. In that instance, automatic course monitoring is not available anymore.

The most apparent problem is that nothing prevents a helmsman from putting the rudder over the wrong way. The helmsman can also misinterpret or otherwise wrongly execute issued helm orders.

Monitoring of helm orders also requires a high level of concentration which reduces situational awareness.

Solution (product or service)

HELM ORDER MONITOR is the first technological solution to the problem of insufficient monitoring of helm orders between helmsman and pilot or navigator onboard ships.

It is an electronic device that combines speech recognition and data from the ship's sensors. This artificial intelligence allows us to continuously monitor whether issued helm orders are clear, confirmed, and correctly executed.

Business model

Currently, around 53,000 merchant ships, cruise ships, and very large yachts are operating globally. We are also targeting the market of 4,000 Navigational simulators. The business model is strictly B2B, intended for shipping companies and training centers for seafarers. We will combine direct sales and a subscription model.

Incubation/Acceleration programs accomplishment

3-month PICS Business Academy organized by ICT Split-Dalmatia County from Split, Croatia in 2021

6-month AmplifyUp business development program by Boom Startup from Salt Lake City, Utah, U.S.A. in 2022
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility307
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation