SIXAI, founded by Israeli entrepreneur Ran Poliakine, invested $4 million in Captain's Eye, which developed an advanced safety, security and management system that identifies and alerts real-time events on ships.
Headquartered in Haifa, Israel, Captain's Eye was founded in 2020 by Col. (Res.) Uri Ben-Dor and Col. (Res.) Doron Oizerovich. The company developed a holistic AI-based system that detects unusual events on ships in real time, thus preventing property, physical and financial damage that might occur at sea. The system is able to identify and alert operative, safety and security issues in all types of vessels, such as smoke and leakages, security breaches, unsafe crew behavior or anomalies.
The system is based on an infrastructure of cameras covering the critical areas in the vessel and monitors it automatically 24/7 in order to detect anomalies in accordance with predefined parameters. The company has a strategic partnership with XT Shipping, signed agreements with several global shipping companies, and a pilot at the Ashdod Port in Israel.
This strategic investment follows SIXAI's signing a partnership agreement with the Israeli Aerospace Industries in October 2021 to convert military technologies from certain segments to commercial deployments to address civil market needs and introduce game-changing solutions that could potentially solve pressing global challenges.
SIXAI concurrently continues to develop its operations in Japan in partnership with the Japanese automotive giant, Musashi Seimitsu (TYO:7220). Together the companies operate MusashiAI, which developed the first AI-based robot for gear quality inspection for the automotive industry and 634AI, which developed the 'Maestro', a platform controlling all traffic on the entire production floor, helping organizations improve their efficiency at a low operational cost without uncompromising safety standards.
