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OroraTech Selected as One of XPRIZE’s Top 20 Finalists

OroraTech
Credit: OroraTech

Ibadan, 19 April 2024. – OroraTech has announced that the XPRIZE Foundation has selected it as one of 20 finalists in the prestigious XPRIZE Wildfire Competition in the Space-Based Wildfire Detection & Intelligence track, moving on to the final round of the competition.

OroraTech’s unique solution combines an existing network of 25 sensors in orbit, numerous ground sensors & weather models, and an upcoming proprietary constellation to detect outbreaking wildfires and predict their behavior. They serve forestry, governmental, and utilities on six continents, providing detection and data intelligence services for a safe and more sustainable world.

As a result of the selection, OroraTech will take home a share of the $750,000 prize pool for this round as it competes for the up-to $5 million award of the overall competition. Over the next year, the 20 finalists will subsequently implement the suggestions from the competition’s advisory board and panel of judges. This culminates in 2025 with a Semifinal System Technical Verification round in April and a Final Testing round in August.

The foundation revealed the list of advancing teams for the Wildfire competition during the FDIC International Conference in Indianapolis. OroraTech’s selection consequently validates the team’s innovative orbital technology and approach to wildfire detection and management. The four-year XPRIZE Wildfire is a competition that commits to identifying and amplifying innovative solutions for early wildfire detection and management to help mitigate the resulting cost and damage.

The Company’s Chief Strategy Officer, Thomas Grübler, commented, “Our Wildfire Solution’s recognition by such a prestigious competition is a testament to the impact of our technology. ” The CSO also added, “Wildfires are a global challenge with increasing severity and risk. Our solution is poised to help wildfire detection and management in an ever-changing environment well into the future”.

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