Asian Surveying & Mapping
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Japan’s Terra Drone gains footing in Central Asia with investment in leading Kazakh drone company KazUAV
Nur-Sultan, Kazakhstan – July 18, 2019 – Japan-based Terra...
ISRO calls off Chandrayaan 2 launch due to technical glitch
India’s ambitious second lunar mission, Chandrayaan 2, suffered a...
Ministry of Interior wins global excellence award in GIS
Doha: The Ministry of the Interior, represented by the...
UAE military satellite lost in Vega launch failure
A European Vega launcher failed Wednesday night around two...
Russia Launches Telescope Into Space To Map The Cosmos In ‘Outstanding’ Detail
Russia has successfully launched a new telescope into space, marking...
UAE’s space programme: ‘UAE to come back stronger with the launch of Falcon Eye 2 soon’
Dubai: The loss of the Falcon Eye 1 satellite...
France announces Air and Space Force, due to launch in 2020
French President, Emmanuel Macron, has announced that the country's...
Russians come calling: ISRO and Russian Space Corporation to work together
Ahead of the launch of Chandrayaan-2 on July 14-15,...
China set to carry out controlled deorbiting of Tiangong-2 space lab
HELSINKI — China appears set to deorbit its Tiangong-2...
Terra Drone Eyes Middle East Market with New Joint Venture to Provide UAV Solutions for Survey Activities
Terra Drone sets up joint venture with NDTCCS, the...

September 13th, 2018
Umitron Expands Early Stage Funding to S$15.2mil and Starts Data Service for Aquaculture Insurance Leveraging IoT and Satellite Remote Sensing

SINGAPORE – UMITRON PTE. LTD. (Location: Singapore, Co-founder / Managing director Masahiko Yamada, hereinafter Umitron) announced that it has raised S$3.7mil funding from Mirai Creation Fund operated by SPARX Group. Co., Ltd. on 6th September as the additional closing of first enterprise equity finance announced on 8th June. The total investment in this round becomes S$15.2mil and would be the largest amount of fundraising as an early-stage startup in aquatech (as of September 2018). Umitron has also announced that it has started demonstrating new service to provide reliable data for aquaculture insurance. Umitron’s patent-pending technology enables users to quantify the asset value of fishes and provides environmental data for risk assessment. With an aim of expanding its services, Umitron currently invites overseas business partners such as enterprise aquafarms and insurance providers for sustainable aquaculture.