OPT/NET BV

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Project details

Project description

Illegal, unreported, and unregulated (IUU) fishing is valued globally between USD 10 and 23.5 billion (15% of total global supply). Fisheries must adhere to a strict set of maritime laws and regulations to curb excessive overfishing and assure sustainability. IUU fishing occurs when these rules are disregarded by exceeding quotas; using unlawful fishing methods; fishing in protected areas/species; or fishing in forbidden periods. MONITORED AI is a space-based application aimed at the Detection & Prevention of IUU fishing. The AI powered solution integrates Synthetic Aperture Radar (SAR) imagery and Automatic Identification System (AIS) to autonomously detect dark vessels (no AIS transmission) and spot suspicious behaviour. In June of 2020, OPT/NET was awarded a contract by the European Space Agency to research the technical and commercial feasibility of the proposed solution to illegal fishing. The project has concluded as a complete success and discussions are being held for a larger follow on demonstration project.

The problem we are solving

Illegal, unreported, and unregulated (IUU) fishing is a leading issue impacting ocean sustainability, and characterising it is challenging due to its clandestine nature. The detection and classification of IUU vessels, especially in the case of small targets, is a point of high interest but it is inherently difficult. Currently, methods for preventing these crimes are surface (sea) based, extremely localised and manually driven. Satellite imagery is used, although organisations report understaffing and a lack of trained analysts inhibiting it from being used proactively. These limitations make these methods ineffective for the timely detection of on-going crimes. OPT/NET BV is in an unmatched position to offer a solution to this challenge as its core competencies are in Geo-Artificial Intelligence, Geospatial Imagery Processing and critical infrastructure monitoring.

Technology readiness level

Basic information

Country

Netherlands

Sector

ICT applied to maritime sector

Patents

Brief biography of founders and CEO

Taras Matselyukh (Male), Title: CEO/CTO Founded 2 companies. Passionate inventor with 2 granted patents, Taras Matselyukh is a subject matter expert in application of advanced AI in profitable markets. Taras lives in the Netherlands with his family and has an educational background spanning quantum physics, radio electronics and economics with internationally recognised science degrees from Taras Shevchenko National University of Kyiv. 5+ years - Entrepreneurship and start-ups 10+ years - Managerial experience in the medium and senior management roles 20+ years of experience with design, implementation, management and operations of converged Telecom Networks and Solutions 10+ years experience in Sales & Technical Marketing in roles of Senior Solutions Architect, Senior Systems Engineer, Technical Leader, Consulting Engineer, Partner Management and Business Development experience in the role of Technical Program Director, Managing Director and Entrepreneur.

Financial data

Finance needs

890000.00

Planned Funding Uses

Improve our R&D, Sales and Marketing, Operations, To hire more resources

Company profile

OPT/NET BV

Company type:

Start-up - company younger than 3 years

Company description:

OPT/NET B.V. is a team that builds comprehensive AI products based on decades of hardcore critical industry experience. Having served and protected the systems of clients all over the globe, the OPT/NET team was specially suited to develop a suite of advanced AI products capable of dealing with an ever-increasing volume of data and complexity. Initially serving as a tool for our own telecom consulting practice, the OPT/NET AI engine has grown into a series of stand-alone platforms with unlimited potential across a variety of critical and data-intensive industries. We believe in making humans superhuman, not replacing them. The OPT/NET AI Engine provides domain experts in both structured and unstructured data environments the ability to rapidly develop advanced real-time AI solutions that help them do their jobs more effectively, without requiring advanced degrees in software development and data-science. Importantly, our solutions are human-driven, AI-assisted. From telecom networks to disaster zones. From farmlands to the open ocean. From analysing log lines to multispectral satellite imagery. Our approach remains the same: forge real meaningful partnerships with our customers to empower them towards achieving more with their data.

Year of establishment

2018

Employees

Maritime Forum Themes

OPT/NET BV

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OPT/NET BV