OroraTech
- hard tech
- horizon europe
- sustainable development goals
- climate tech
- core ai
- space tech
- spinout
- ai applications
- esa
- esa sme
- space upstream
- esa bic
- space downstream
- esa bass
- market intelligence
- climate adaptation
- space
- euspa
- satellites
- biodiversity
- earth observation satellites
- space dt
- space tech for environment
- forestry
- satellite imagery
- communication and connectivity satellites
- fire protection
- esa incubed
- wildfire
- esa phi-lab
Financials
Estimates*
EUR | 2020 | 2021 | 2022 |
---|---|---|---|
Profit | (1.1m) | (2.7m) | (5.0m) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
N/A | Support Program | ||
€130k | Grant | ||
€50.0k | Grant | ||
N/A | N/A | Angel | |
€50.0k | Grant | ||
* | N/A | N/A | Seed |
N/A | €845k | Seed | |
* | €5.8m | Series A | |
N/A | N/A | Grant | |
N/A | N/A | Support Program | |
* | N/A | Support Program | |
* | €15.0m | Series A | |
* | N/A | Grant | |
* | €20.0m | Grant | |
Total Funding | €41.9m |
Related Content
Recent News about OroraTech
EditOroraTech is a cutting-edge startup that specializes in wildfire detection and monitoring from space. The company operates globally, providing services on all six continents. Their primary offering is a comprehensive wildfire solution designed to detect hotspots and monitor areas at risk of wildfires. This is achieved through the use of thermal infrared data insights, which provide transparency and aid in decision-making processes.
OroraTech's business model is centered around the provision of reliable data, which is gathered from over 20 satellite sources. This data is then processed using first-in-class wildfire algorithms, which help to protect the assets of their clients. These clients are typically organizations that have significant forest assets that need protection, such as forestry companies, conservation organizations, and government bodies.
The company's services are not only designed to protect assets but also to contribute to sustainable development goals. By providing early detection of wildfires, they can help to prevent the devastating environmental damage that these events can cause. This aligns with the company's mission of using solutions from space for a sustainable Earth.
OroraTech generates revenue through the sale of their wildfire solution services. Clients can sign up for their Wildfire Solution Pro Pilot Program, which provides access to their FOREST-2 data. This data is a valuable resource for organizations that need to monitor and protect their forest assets.
In summary, OroraTech is a global startup that uses satellite technology to provide wildfire detection and monitoring services. Their innovative approach to environmental protection and sustainable development makes them a unique player in the market.
Keywords: OroraTech, Wildfire Detection, Satellite Monitoring, Thermal Infrared Data, Forest Asset Protection, Sustainable Development, Global Operations, Wildfire Solution Pro Pilot Program, FOREST-2 Data, Environmental Protection.