ID: 28319

09.03.23

Investment projects and startups in Ukraine

AURORA is a high-precision counter rocket, drone, artillery, mortar and gunshot acoustic detection system

Raising funds in the military-tech project of a high-precision acoustic detection system for missiles, drones, artillery, mortars and shots

Location:

Украина

  • Sector: Public administration
  • Business activity: Defense activities
  • Stage: Startup
  • Project cost: $150 000
  • Required investments: $150 000
  • Type of investment: Equity

AURORA provides accurate passive detection, tracking and identification of aerial and ground based threats for C-UAS and C-RAM capability in counter-battery fire, air defense and emergency responses.

Brief market overview

The market for military radars was valued at $13.5 billion in 2022 growing at CAGR 4.7%. The beginning of the russian war in Ukraine called for a revision of the military doctrines by different countries of the world with the growing role of passive acoustic systems, which have much cheaper and longer life cycle. AURORA has got interest in Eastern Europe, India, the USA, Israel and Saudi Arabia, as well as the prospects of carving a part of the markets, where Russia was typically present.

Problem

Conventional C-RAM/C-UAS have flaws:

  • emitting radars are conspicuous and vulnerable
  • cruize missiles and drones sneak below the radar
  • crew exposed to death or injuries
  • long encamp/decamp time
  • high life cycle cost

Solution

AURORA is an IoT platform that includes software, firmware and 2 types of sensors.

AURORA`s new ideology with killer features:

  • Performance (5x precision increase)
  • Invulnerability (passive network)
  • Autonomy (unmanned, persistent 24/7)

Current status

  1. Cutting-edge sensors - Completed
  2. Signal processing with ALFA-algorithms - Completed
  3. Artificial intelligence - Completed
  4. Battlefield MVP tests - Completed
  5. Test run by MoD - In progress
  6. Integration with СС - In progress

Business model

Product-as-a-service. 

Required investment and proposal to the investor

Current raise: $150,000, SAFE, checks starting at $30,000.

Location

Contacts

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