Aquaai addresses critical issues in water bodies by providing advanced monitoring and data analytic solutions through the use of AI, the cloud, and 3D printed fishlike autonomous underwater vehicles.
Current Status
Traction
*$550,000 in revenue to date
*Signed customer order ($1.4m value) from industry leading Norwegian sustainable fish farm supplying Whole Foods & Michelin chefs
*Signed customer order from Norwegian research institute NOFIMA
*Awarded IP (mechanics & design)
*Pending IP
*Subsidiaries in Ireland, Norway & the United Arab Emirates
*Solid pipeline ($28m value) from multiple industries and NGOs
*Signed MoUs & LoIs
*New market pending paid trials in the UAE
*Successful 8+ month paid pilot in the Arctic Circle (converted pilot partner to customer)
Problem or Opportunity
Approximately 40% of the world's rivers and lakes are considered too polluted for safe use. This pollution stems from industrial waste, agricultural runoff, and inadequate wastewater treatment, impacting both human health and aquatic ecosystems. At least 69% of the impact of climate change is expressed through the water cycle. Everything we do – not to mention everything we grow and make – requires safe water. Information from our water bodies is needed for adaptation and risk mitigation, but data from waterways is expensive and difficult to obtain. New tools are required.
Solution (product or service)
Aquaai addresses critical issues in water bodies by providing advanced monitoring and data analytics solutions. Through the use of AI, the cloud, and 3D printed fishlike autonomous underwater vehicles (fAUV), Aquaai delivers data on water quality, pollution levels, and ecosystem health, enabling better management of aquatic resources and subsurface infrastructure. Aquaai's FaaS (Fish-as-a-Service) system is the most affordable, reliable, and easy-to-access data solution for customers in multiple industries, such as aquaculture, ports, city water management or conservation.
Business model
B2B service business model. Data is accessed on the web for subscription fee, and the fishlike autonomous underwater vehicles (fAUV) that harness and deliver the data are leased. We make money through Trials, Partnerships, Consulting Expertise, Customer Equity, Content Channels
Incubation/Acceleration programs accomplishment
TechStars (Hub71)
NEOM Agri-FoodTech
Creative Destruction Lab
Founder University
Blue Bio Value
