Yara Marine announces winner of accelerator program for decarbonization solution

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Yara Marine has announced software design and development specialist EyeGauge as the winner of its Yara Marine X accelerator program. EyeGauge’s solution can digitally connect older equipment to enable affordable, rapid data-gathering that would otherwise be unavailable.

This allows ship-owners to streamline operations and gain efficiencies that will lead to lower emissions.

EyeGauge will receive a two-week intensive on-site bootcamp in Oslo and/or Gothenburg to identify individual project needs. Yara Marine will then arrange a 3-month tailored accelerator program to provide the skills and mentorship required to commercialize their product, as well as the chance to work hands-on alongside the Yara Marine X team. The program will also facilitate partnership opportunities, possible investments, and establish a collaborative future with Yara Marine and its network.

EyeGauge won out against six finalists, who came together on May 5 in Oslo to pitch their decarbonization solutions proposals to a panel of industry experts who evaluated the product, its applications, and associated business model. The panel consisted of Michelle Canales (Head of Performance at Golden Ocean Group), Torsten Barenthin (Director of Innovation at Oldendorff Carriers), Dmitriy Ponkratov (Technical Director at the Royal Institution of Naval Architects), Nada Ahmed (Innovation Strategist and Startup Advisor), and Yara Marine’s own internal jury members.

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