DeepSea

DeepSea Technologies, founded in 2017, operates at the intersection of artificial intelligence and maritime logistics, providing AI-based software platforms to optimize the performance and monitoring of commercial vessels. The company was established by childhood friends Roberto Coustas and Dr. Konstantinos Kyriakopoulos. Coustas holds an MSc in Computer Science from Oxford University, specializing in Machine Learning, and previously worked as a performance engineer, where he identified the potential for AI in shipping. Kyriakopoulos is an AI researcher from the University of Cambridge. Their combined expertise in marine engineering, AI, and software development underpins the company's foundation.

The firm's core business revolves around offering solutions that enable shipping companies to reduce fuel consumption, lower emissions, and remotely monitor their fleets. This is achieved through a product suite that includes AI-powered voyage planning (Pythia), vessel optimization (Cassandra), autonomous speed control (HyperPilot), and on-board data collection (Neuro). The Cassandra platform, which is ClassNK-endorsed, creates AI-driven digital twins of each vessel to monitor fuel consumption and machinery performance in real-time, while the DNV-approved HyperPilot hardware automates RPM adjustments for optimal speed. These tools can reportedly save up to 10% on fuel costs by calculating the most efficient routes, speeds, and arrival times.

DeepSea's business model targets ship owners and charterers, providing them with data-driven insights to improve operational efficiency and comply with environmental regulations like the EU Emissions Trading System. The company has secured significant funding, including a €3 million investment from ETF Partners in 2020 and a €5 million round in 2021 led by Nabtesco Technology Ventures. This culminated in an acquisition by the Japanese automation multinational Nabtesco in July 2023, though DeepSea continues to operate as an autonomous entity, retaining its brand and leadership team with Kyriakopoulos as CEO and Coustas as President.

Keywords: maritime technology, vessel performance optimization, AI in shipping, fuel consumption reduction, decarbonization, fleet management software, voyage optimization, marine engineering, digital twin, vessel monitoring, shipping logistics, Roberto Coustas, Konstantinos Kyriakopoulos, Nabtesco, maritime data analytics, autonomous shipping, emissions reduction, route optimization, fleet efficiency, maritime AI