OroraTech

Climate change causes fires, wildfires and megafires around the globe. Those fires destroy assets like forests, powerlines or houses. OroraTech's fire intelligence saas-platform provides fire detection and monitoring to emergency services, asset owners, insurances and energy utility operators to take decisions on allocation of emergency resources, shutting down operations, rerouting electricity or determining the damages after the fire.

Currently fire detection and monitoring is done by pilots flying over large areas looking for fires or cameras/drones/watch towers. Those solutions are expensive ($1.5m per season for one observation airplane), dangerous for pilots when flying over fire front, drones/cameras/watch towers cannot see through smoke, clouds and have limited area of observation. Space based analytics are available globally, very cost effective and don't need manual operations.

We provide access to a SaaS-platform. Customer pays a monthly recurring fee for the area they want to monitor.

Customers are private asset owners like Arauco, Chile; TTG, Brasil; Governmental Agencies like Forestry Corporation New South Wales, Australia, Ministry of Interior of Bavaria, Germany; as well as supra-national organizations like European Commission. OroraTech expands with local offices in North and South America and works with regional and international partners like Rosenbauer, UP42, Allan Institute for AI.

Today we generate $2M in recurring revenues with 30 customers all over the globe. By end of 2024 we target $14M in contracted revenues, will be the main tool for fire detection and monitoring and demonstrate break-even readiness.