Geollect in Hamburg, with other global startups to solve the biggest challenges in maritime, trade & transport.
9 startup teams, from 8 different countries, are moving forward past the first check-point at the Trade & Transport Impact program. 18 projects have been identified and kick-off the six week innovation program together with corporate partners Inmarsat, Cargotec, Shell, HHLA and Wärtsilä.
This week, corporate business leaders from the Trade & Transport Impact program partners, met with 14 selected startups to kick off 3 days of closer project discussion. The startups, who range from port- and cyber security to energy-optimization and crew welfare, spent the days debating potential opportunities and project-fit.
Bristol-based specialist tech firm Geollect has secured a deal with an American cruise line that is projected to be worth £5.5m within five years.
Under the contract, Geollect – which specialises in innovative geospatial intelligence – will provide its bespoke global maritime operations portal as part of an initial six-month service trial with Miami-based cruise operator Carnival Corporation & plc.
Geollect’s service provides an overview of the security threats to vessels and passengers at sea and in port. It will then be rolled out across all nine of Carnival’s cruise lines next year, taking the deal’s projected value to £1.4m by the end of 2021.
It follows hot on the heels of four deals secured by Geollect in Zambia, Finland, Indonesia and Greece with a total value likely to reach £6.7m by 2024.
Read full press release here
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