Startups

Smart security system Eyes of Solar went on a crowdfunding investment tour with a target of ₺1.5 million

Eyes of Solar, a solar-based smart security system, met with investors in a share-based crowdfunding round. Thanks to its solar panel, Eyes of Solar, which can operate smoothly even in areas where electrical energy cannot be delivered, offers solutions to communication, monitoring, tracking, security and infrastructure problems experienced in natural disasters such as earthquakes. Demanding a fund of ₺1.5 million with the supply of 7% of the company shares, the initiative will continue its tour on the fonbulucu platform until May 27.

In Turkiye, approximately $4 billion are spent annually on street and street lighting and city security and management systems. Despite this expenditure, there are no lighting and security systems on inner-city and inter-city roads. While this situation causes communication problems to arise during natural disasters such as earthquakes, it also negatively affects pre-disaster and post-disaster monitoring and follow-up processes.

While the inadequacy of lighting and communication systems that are not independent of the network and the extra costs it brings are also the source of the infrastructure problem in search and rescue activities, the value of artificial intelligence-based new-generation security solutions produced with renewable energy is gradually increasing.

With its deep technology, Eyes of Solar can operate without the need for electricity and database infrastructure, and can provide lighting and security systems even at the farthest points from electricity. Developed by EHBA Technology, Eyes of Solar seeks financing with the aim of becoming a large-scale company both nationally and internationally by making a strong entry into the market.

The company, which went on an investment tour on the crowdfunding platform fonbulucu, demands ₺1.5 million funds through the supply of 7% of its shares. Eyes of Solar gives an additional 20% share to investors for investments made via EFT or credit card within 15 working days as of 10:00 am on Tuesday, March 28, the start date of the investment tour, which will continue until May 27.

Possible dangers and errors can be controlled from kilometers away.

In his statement, Founder and General Manager Hakan Bayram stated that they aim to make EHBA Teknoloji a deep technology company that can analyze the problems in depth and produce precise solutions to the problems in the field with its own hardware and software;

“With our Eyes of Solar product, the communication system can be opened to the use of the people in the disaster area in cases such as earthquakes and floods. It is ensured that local people can be included in the EOS network with their mobile phones in case of disasters. The data of the users connected to the system can be retrieved to the data centers via the satellitenet. Eyes of Solar, which transfers the images from the camera system to the control center with wireless communication technology, processes and evaluates the incoming images with artificial intelligence supported software. Eyes of Solar, which keeps safety at a high level by notifying the operator of possible dangers or errors, can operate smoothly even in areas where electrical energy cannot be reached thanks to its solar panel. Eyes of Solar’s lighting system can be controlled from miles away.”

It aims to be listed on the stock market in the long term

Eyes of Solar, which will accelerate its marketing and promotional activities with one-to-one customer visits after funding, plans to continue its R&D activities by gradually strengthening its team. Aiming to launch Eyes of Solar to the foreign market by participating in global fairs, the company will increase its contacts with public institutions and organizations in the domestic market and ensure that the product becomes widespread throughout Turkiye. Eyes of Solar, which aims to be listed on the stock market in the long term, will also evaluate the exit opportunities that may occur in the medium term.

The Eyes of Solar project was first launched in April 2022 in Istanbul Technical University, IGA HUB – ITU core program. Eyes of Solar, which took its place on the final stage by conducting a successful process against other projects on the 2022 ITU-Core BigBang platform, completed the ITU-Core BigBang final stage process held in December 2022 with cash awards given by EnerjiSa and IGA among 503 projects. The project, which entered a new era by being accepted into the Individual Young Entrepreneur (BiGG) program held in January 2023, continues on its way with the Incubation Entrepreneurship status of the 2022 ITU-Core platform.

Source: Egirisim / Prepared by Irem Yildiz

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