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Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform
The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion
Founded in 2018 by CEO Yarden Gross and CTO Dor Raviv, Orca AI applies AI-powered decision making and autonomous capabilities to ships based on a marine visual dataset of over 80 million nautical miles. The company claims that a 2024 analysis of Orca AI’s alerts system showed a 54% reduction in close encounter events leading to an average of $100,000 savings in fuel per vessel per year. He has interviewed Tony Blair, Dmitry Medvedev, Kevin Spacey, Lily Cole, Pavel Durov, Jimmy Wales, and many other tech leaders and celebrities.
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