Pollux Tech
- 3 days ago
- 6 min read
Satellite-enabled safety infrastructure layer for maritime operations, designed to reduce response time, operational risk, and search complexity.
Mission
To enhance human-centric safety of life at sea by developing an efficient space-enabled safety infrastructure that enables the rapid detection, localization, and rescue of people in distress anywhere in the world’s oceans.
Problem
Despite decades of technological progress in maritime navigation and vessel monitoring, the protection of human life at sea still relies heavily on procedures that assume a person in distress can be quickly detected and located. In many real-world scenarios, this assumption fails. When someone goes overboard or becomes incapacitated, valuable time is lost before their absence is noticed and their position can be determined, significantly reducing the probability of successful rescue.
Solution
Pollux Tech is developing a space-enabled safety infrastructure designed to protect individuals at sea. The system combines a wearable distress device with satellite connectivity to enable the rapid detection and localization of persons in distress anywhere in the world’s oceans. By shifting part of the maritime safety architecture from the vessel to the individual, the system aims to dramatically reduce detection delays and improve the effectiveness of search and rescue operations.
(a) human-centric safety architecture
extends the protection layer from vessels to the individual at sea.
(b) autonomous distress detection
designed to activate even when the person in distress is unable to trigger an alarm.
(c) global satellite connectivity
enables distress signaling and localization across the world’s oceans.
(d) rapid localization for search and rescue
reduces uncertainty around the last known position, supports faster response, reduces carbon footprint and fuel costs.
(e) complementary to existing safety systems
designed to enhance, not replace, current maritime safety procedures and cooperation protocols such as AMVER.
(f) supports risk mitigation and potential insurance benefits
by improving the effectiveness of distress detection and search and rescue response.
Market Opportunity
Market size:
The global maritime safety system market size is calculated at USD 36.20 billion in 2025 and is predicted to increase from USD 38.78 billion in 2026 to approximately USD 67.18 billion by 2034, expanding at a CAGR of 7.11% from 2025 to 2034.
According to our internal pricing policy, our hardware+subscription registers an estimated TAM of approximately USD 1.7B annually
Target customers:
B2B: commercial shipping, and cruise operators, thoughts for offshore platforms.
Go-to-Market Strategy
Pollux Tech follows an industry-embedded go-to-market strategy focused on early operational validation and strategic partnerships within the maritime ecosystem. Initial deployment is pursued through pilot projects with shipping companies to validate the system in real operational environments.
In parallel, the company engages with classification societies, search and rescue authorities, and maritime institutions to ensure alignment with existing safety procedures and regulatory frameworks governing the protection of human life at sea.
Following pilot validation, commercial adoption is expected to expand through partnerships with maritime technology providers, safety equipment distributors, and fleet operators, enabling scalable deployment across commercial shipping fleets.
Customer acquisition channels
(a) pilot deployments with shipping companies
early operational trials to demonstrate effectiveness in real maritime environments.
(b) industry partnerships
collaboration with maritime technology providers, ship managers and safety equipment suppliers.
(c) regulatory and institutional engagement
dialogue with maritime authorities and safety organizations to align with international safety frameworks.
(d) maritime industry visibility
participation in maritime conferences, safety forums and industry networks.
(e) alternative channels such as vessel protection service providers
including maritime security and onboard safety service providers with continuous operational presence on vessels, enabling rapid distribution and field deployment of personal safety systems.
(bonus 1) insurance cost reduction
over time, the accumulation of safety performance data may allow ASOS-equipped vessels to be recognised as improved risk assets by insurance providers, potentially transforming safety-related CAPEX into measurable operational risk reduction.
(bonus 2) incorporation into SOLAS/LSA Code
In the longer term, successful operational validation may support consideration of human-centric distress detection technologies in future developments of the Safety of Life at Sea (SOLAS) framework and the Life-Saving Appliances (LSA) Code, following a similar path that traditional maritime safety solutions employed. Combined with the control of IPR, Pollux Tech’s long-term vision is to define a new maritime safety category.
Exit Strategy
Potential acquirers may include companies operating in maritime satellite communications, search and rescue technologies, maritime safety systems and vessel digitalisation platforms, where ASOS could complement existing product portfolios and strengthen safety-related offerings.
The company’s strategy focuses on establishing a strong intellectual property base, operational track record and regulatory alignment with international maritime safety frameworks. This approach aims to position Pollux Tech as a key technology provider within the evolving architecture of maritime safety, enabling multiple strategic pathways including long-term growth, strategic partnerships or acquisition.
Traction
KPIs
industrial development partnership established
collaboration to be announced within March 2026 with a leading Greek electronics manufacturer with experience in the space, maritime and defence sectors for the development of ASOS prototypes.
satellite connectivity partnership
development integration pathway established with an IMO-recognized GMDSS satellite communications provider.
institutional validation
selection and incubation within the European Space Agency Business Incubation Centre Greece (ESA BIC Greece).
maritime ecosystem engagement
ongoing dialogue with shipping companies, maritime stakeholders and search and rescue authorities.
regulatory pathway exploration
engagement with classification societies and safety stakeholders regarding certification and operational validation.
Milestones achieved
concept development and system architecture defined
design of a human-centric maritime safety infrastructure for distress detection and localization.
industrial prototyping phase initiated
development of initial ASOS prototypes in collaboration with an electronics manufacturing partner to commence within H1/2026.
satellite communication architecture defined
selection and integration pathway for global satellite connectivity.
engagement with maritime safety ecosystem
discussions with maritime operators and safety stakeholders regarding operational validation and pilot deployments.
regulatory and policy engagement initiated
development of a policy and regulatory framework analysis regarding integration within existing maritime safety structures.
Business Model
How we make money
Pollux Tech follows a hybrid business model combining hardware deployment with recurring service-based revenues.
The ASOS system is deployed through the sale of wearable safety devices installed onboard vessels, combined with a subscription model that supports satellite connectivity, system monitoring and safety data services.
Revenue streams may include:
hardware sales
onboard deployment of ASOS wearable safety devices.
connectivity and service subscription
recurring subscription covering satellite communication, system monitoring and operational support.
fleet safety solutions
enterprise deployment across vessel fleets with integrated safety management features.
data-driven safety services (long term)
potential analytics and safety performance insights based on operational data.
Cost structure
Pollux Tech’s primary cost drivers are focused on technology development and market deployment, including:
research and development
hardware design, firmware development and system architecture.
intellectual property development
protection of core technology and safety system architecture.
industrial prototyping and manufacturing
development and production of ASOS devices.
regulatory and certification pathway
testing, validation and engagement with maritime safety stakeholders.
go-to-market activities
pilot deployments, industry engagement and commercial partnerships.
Financials
Forecasts based on the above business model will be released in the near future.
Team
Georgios Exarchou, Founder & Chief Executive Officer
Lawyer and business senior advisor with more than 10 years of experience in regional and country leadership roles for the development of energy and infrastructure projects across Europe and Asia, including LNG-to-power and renewable energy projects. Responsible for the strategic direction, partnerships and commercial development of Pollux Tech.
Dr. Avraam Loutridis, Co-Founder & Chief Product Officer
PhD in antenna, RF and microwave engineering with more than 15 years of experience in wireless and embedded systems design. Experienced in the development and industrialisation of wireless communication and IoT technologies across the full product lifecycle.
Funding
Previous funding
Pollux Tech is currently supported through the European Space Agency Business Incubation Centre Greece (ESA BIC Greece), which provides non-dilutive funding and technical support for the early development of the ASOS system. Through our participation, we will reach TRL 6 with plans for TRL 7 trials within the programme, enabling further non-dilutive support potential for the early commercialization of this level of TR.
The company has not yet completed an institutional equity funding round.
Future funding
Pollux Tech plans to raise external capital in future funding rounds to support the continued development and market deployment of the ASOS system.
Funding will primarily be used for:
product development and engineering
further development of the ASOS hardware and software architecture.
industrial prototyping and testing
manufacturing of prototype units and validation in operational environments.
regulatory and certification pathway
engagement with classification societies and maritime safety stakeholders.
go-to-market activities
pilot deployments with shipping companies and commercial partnerships.
team expansion
strengthening engineering and commercial capabilities.
Type of investment
The company is open to collaboration with venture capital investors and strategic partners operating in the maritime, satellite communications and safety technology sectors.
Contact Information
Georgios Exarchou, g.exarchou@pollux-tech.com
Dr. Abraham Loutridis, a.loutridis@pollux-tech.com
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