[Tech30] How marine robotics startup EyeROV is improving inspection of offshore assets
Summary
But the critical nature of the industry cannot be undermined.Experts say that advanced marine technologies can potentially solve large-scale societal and ecological problems of the world. But does India have cutting-edge machinery to scan its vast oceans effectively and safely?Kochi-based entrepreneur Johns T Mathai asked the same question while working at GreyOrange as a firmware engineer, only to realise that underwater inspection was way more challenging than doing it on land or air.Johns believed that a remotely operated vehicle (ROV) could solve these problems for a bunch of industries like shipping, oil and gas, infrastructure and construction, defence and ocean research organisations.EyeROV origins and what it solvesHe roped in his college mate Kannappa Palaniappan P to set up a marine robotics startup, EyeROV, in late 2016. It would go on to build Indias first commercial underwater drone for remote inspection of offshore assets.While Johns brought in his prior experience of working in robotics, Kannappa had been a project scientist at National Institute of Ocean Technology (of the Government of India), and also held a degree in ocean engineering from IIT Madras.He would regularly travel to the seas and witness the problems encountered by ships and other offshore structures, Johns says of his co-founder.Besides the hardware, EyeROV has also developed a data analytics and visualisation platform to share comprehensive reports of underwater surveys conducted by its clients. The intuitive platform is powered by AI and machine learning, and enables quicker and more effective decision making for owners of underwater assets.EyeROV finds a mention in YourStorys Tech30 list for bringing in data-led reporting in marine operations with its compact, easily manoeuvrable, and operationally safe ROV drone that is entirely built in-house.The device is economical, multi-functional, and fully digital, and can potentially bring about behavioural shifts in the field of underwater inspection.EyeROVs first industrial grade underwater drone EyeROV Tuna saw a commercial launch in August 2018 after over a year of product development.The 50cm X 50cm X 50 cm cube-shaped ROV has completed more than 1,000 hours of underwater inspection of dams, bridges, ports, ship hulls, oil and gas assets, and other critical underwater structures across 25 projects in five states.EyeROV Tuna is priced at Rs 18 lakh and has gone on sale on Government e-Marketplace (GeM). In PaaS, enterprises pay a monthly subscription fee for the full data analytics solution, John explains.Kochi-based EyeROVs first customer was the Defence Research and Development Organisation (DRDO) under the Ministry of Defence of the government.Since then, theres been no looking back for the startup.EyeROV has carried out pilots for The Kochi International Container Transshipment Terminal (ICTT), shipping carriers, oil and gas companies, including Bharat Petroleum, construction firms , railways, emergency and disaster management services.EyeROV also raised a seed round of Rs 1.75 crore from GAIL (Indias largest state-owned natural gas processing and distribution company) in 2019.It is further looking to close a pre-Series A round of $1 million to build out its new product line, enhance the analytics platform, and beef up its 17-member team.Johns sums up saying, India has over a 1,000 dams and bridges, but the inspection process is almost 50 years old and the reporting is paper-based.