CounterCurrent
Google Maps for the sea
At a glance
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Development stage
Prototype developed
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Investment stage
Seed
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UNSW affiliation
Spinout - staff led
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Technology readiness level
TRL 4
Why invest
Built on a decade of R&D, CounterCurrent is the world's first ocean forecasting system that combines advances in AI, satellite technology, and ocean forecasting to accelerate maritime decarbonisation.
CounterCurrent is decarbonising the maritime industry by finding more fuel-efficient routes for commercial vessels.
Its world-first ocean forecasting system uses satellite data and onboard sensors to provide real-time hyperlocal wind, wave and current forecasts and deliver efficient routing, asset optimisation, and safety at sea.
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CounterCurrent has developed a novel AI-enabled ship routing system that harnesses ocean currents to cut fuel and emissions in the shipping industry. The system can be implemented in real-time without any modification to existing vessels or change in transit time, reducing fuel use by 10-25% and saving up to AUD9 million per ship, per year.
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- 90% of all traded goods and more than 11 billion tonnes of cargo are shipped by sea each year.
- The shipping industry faces commercial and regulatory pressures to reduce its reliance on carbon-based fuels.
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- Dry bulk shipping sector – Australia is the fourth-largest user of ships globally and 91% of its trade is via bulk carriers.
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- More than AUD 1 million in non-dilutive grant funding to date.
- Featured in national and international news coverage.
- First Australian start-up to receive the AWS Compute for Climate fellowship, providing up to AUD300K in advanced computing resources and access to AWS engineers to develop AI roadmap.
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