What DeepSea Technologies does

DeepSea Technologies is a private Greek maritime AI company, founded in 2017 in Athens by Dr. Konstantinos Kyriakopoulos (Cambridge AI researcher) and Roberto Coustas (Oxford-educated mechanical engineer), that builds AI-powered vessel optimisation software for commercial shipping fleet operators. The company sells an integrated platform spanning onboard data acquisition (Neuro IoT hardware, leased to customers), data processing (Vessel Core), performance monitoring (Cassandra Enterprise and Cassandra Augment), voyage optimisation (Pythia and Pythia Augment), and supervised speed automation (HyperPilot). Its AI models are trained on 700+ years of proprietary high-frequency sailing data collected from hundreds of vessels, and employ proprietary techniques including transfer learning and hybrid modelling to extend optimisation to legacy fleets with only AIS and noon report data. DeepSea's technology is externally validated by DNV Type Approval (first-ever for automatic speed adjustment to a propulsion control system), ClassNK Innovation Endorsement, and ISO 27001/27032/9001 certifications.

The company sells predominantly via direct enterprise field sales to large commercial shipping fleets, supplemented by distribution through Nabtesco's marine control systems channel following Nabtesco's 2023 primary shareholding (further increased in September 2025). The revenue model combines per-vessel recurring cloud software subscriptions (Cassandra, Pythia) billed quarterly, leased IoT hardware, and separate installation/maintenance service agreements. Named enterprise customers include Eastern Pacific Shipping (300+ vessels deployed), Wallenius Wilhelmsen (120+ ships under Performance Routing), Ardmore Shipping, G2 Ocean, Seanergy Maritime, and Eurobulk, spanning tanker, bulker, RoRo, container, gas, and PCTC segments. DeepSea reports customer outcomes including 5-12% fuel cost reductions per voyage, 99%-accurate vessel performance models, >11,000 voyages optimised, ~246,000 tonnes of CO2 emissions avoided, and ~80,000 tonnes of fuel saved across its installed base.

Name

DeepSea Technologies

Legal name

DeepSea Technologies Single Member Private Limited Company

Website

https://deepsea.ai

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

DeepSea Technologies is an Athens-based maritime AI company that provides integrated vessel performance monitoring, voyage optimisation, and supervised speed automation software to commercial shipping fleet operators, generating reported fuel savings of 5-12% per voyage.

Ownership category

akta.pro rank

Product category

Maritime AI Software

NAICS

Support Activities for Water Transportation (4883), Navigational Services to Shipping (488330)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Marine Sensors, Instrumentation & IoT (Condition Monitoring) (IMAJAJAI)

akta.pro secondary industries

Marine Navigation Systems (ECDIS, Radar, GNSS, AIS) (IMAJAJAE), Maritime Unmanned Systems (USV/UUV) & Control Stations (IMABAKAJ)

Keywords

• Maritime AI optimisation
• Vessel performance monitoring
• Voyage optimisation software
• Ship fuel efficiency
• IoT vessel data acquisition

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Cloud Software License (Cassandra & Pythia): Subscription-based cloud software licensing for AI-powered performance monitoring (Cassandra) and voyage optimisation (Pythia). Licenses are granted for fixed durations with quarterly invoicing. Agreement auto-renews unless 3 months prior written notice is given. Includes both Cassandra Enterprise (real-time data) and Cassandra Augment (noon report data) variants.
2. Hardware (Neuro devices): IoT hardware devices (Neuro) for data acquisition installed on vessels. Equipment is leased to customers, not sold - property remains with DeepSea. Customers bear installation, maintenance, travel, accommodation costs. One-year warranty on faulty devices.
3. Installation and Maintenance Services: Installation of neuro devices by DeepSea engineers and ongoing maintenance & help desk assistance. Includes remote monitoring, annual engineer visits for malfunctions, and continuous software updates. Customer pays travel, accommodation, living expenses for engineers.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Core offering

DeepSea Technologies sells an AI-powered maritime optimisation platform comprising Neuro IoT hardware for onboard data capture, Vessel Core data processing, Cassandra performance monitoring, Pythia voyage optimisation, and HyperPilot supervised speed automation. The offering is delivered primarily as a per-vessel cloud software subscription bundled with leased hardware and installation/maintenance services to commercial shipping fleet operators. Together, the products enable end-to-end fleet optimisation from data capture through automated voyage execution, targeting fuel cost reduction, CII/EU ETS compliance, and emissions reduction.

Product overview

DeepSea Technologies offers a modular maritime AI platform comprising Vessel Intelligence and Voyage Automation product lines. The Vessel Intelligence stack includes Neuro (IoT hardware for onboard data acquisition), Vessel Core (data processing and validation), and Cassandra (performance monitoring with AI-powered analytics). The Voyage Automation suite comprises Pythia (voyage optimisation using weather routing and AI algorithms) and HyperPilot (supervised speed automation that automatically adjusts propulsion). Together, these integrated products enable end-to-end fleet optimisation from data capture through to automated voyage execution, delivering measurable fuel cost reductions of 5-12% per voyage.

Differentiator

Problem solved

Functional benefit

Products and services

• Neuro IoT hardware device for data acquisition from onboard vessel systems, capturing high-frequency operational data for real-time monitoring and analytics on commercial ships.
• Vessel Core Data processing platform that improves consistency and reliability across onboard vessel systems, functioning as the trusted data layer validating and structuring inputs from multiple sources for downstream analytics.
• Cassandra Enterprise Cloud software platform for performance monitoring and fuel efficiency optimisation of vessels using machine learning and real-time data from sensors or existing infrastructure; includes hull performance monitoring, main engine monitoring, weather reporting, and AI-generated insights for commercial fleet operators.
• Cassandra Augment Cloud software variant of Cassandra for performance monitoring and fuel efficiency using daily noon reports or existing database connections, suited to vessels without high-frequency sensor systems.
• Pythia Cloud software platform for voyage optimisation using weather forecasts, vessel specifications, and AI algorithms to provide optimised voyage planning, route suggestions, voyage monitoring, and port-voyage reporting for commercial shipping fleets.
• HyperPilot Supervised speed automation system that automatically adjusts propulsion settings to maintain speed targets and optimise fuel consumption throughout voyages, working alongside existing propulsion control systems with crew oversight; received DNV Type Approval.
• Pythia Augment AI-based voyage optimisation solution using AIS data, noon reports, and transfer learning from high-frequency data models to provide route and speed guidance for vessels without real-time sensor systems.

Quantifiable outcome

• 5-12% fuel cost reduction per voyage
• +8 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, secondary and minor.

• Wallenius WilhelmsencoreStrategic or Co-development PartnerWallenius Wilhelmsen partnered with DeepSea to roll out AI-powered Performance Routing across their entire fleet of 120+ ships. The partnership followed a rigorous trial process achieving 6.9% improvement in vessel efficiency and predicted 170,000 tonne emissions reduction. Adam Larsson, Senior Manager Energy Efficiency at Wallenius Wilhelmsen, emphasized the collaboration's importance for fleet compliance with air emission regulations.
• Eastern Pacific Shipping (EPS)coreStrategic or Co-development PartnerEPS entered a comprehensive fleet-wide deployment agreement for DeepSea's Cassandra Performance Monitoring platform. The partnership covers EPS's diverse fleet of 300+ vessels spanning bulk, tanker, gas, container, and PCTC segments. Following a transformative 6-month project achieving 99% accurate vessel performance models, EPS is rolling out the solution to support decarbonisation goals and real-time decision-making.
• Ardmore ShippingsecondaryStrategic or Co-development PartnerArdmore Shipping is implementing DeepSea Technologies' Pythia voyage optimization system as a core strategic initiative. Trial on tanker Ardmore Seahawk recorded up to 10% main engine fuel savings. Director of Innovation Garry Noonan emphasized AI adoption as competitive necessity, noting that failure to adopt AI would become a competitive disadvantage.
• G2 OceansecondaryStrategic or Co-development PartnerDeepSea Technologies and G2 Ocean collaborated with SINTEF on a project supported by EEA Grants under the Business Innovation Greece Programme to develop Pythia Augment - an AI solution using AIS and noon report data for vessels without high-frequency sensors. Applied to five Grieg Star vessels within G2 Ocean's fleet. CEO Arthur English commented on G2 Ocean's commitment to net-zero emissions by 2050.
• SINTEFminorStrategic or Co-development PartnerNorwegian independent research organisation collaborated with DeepSea and G2 Ocean on the Pythia Augment project. SINTEF's role focused on understanding barriers to end-user compliance with AI recommendations by crew. Project backed by EEA and Norway Grants 2014-2021.
• ClassNKsecondaryTechnology or IntegrationClassNK issued Innovation Endorsement for DeepSea's voyage optimisation platform. The classification society verified DeepSea's software using rigorous testing processes. The endorsement recognises adherence to highest standards of safety, efficiency, and environmental performance, and certifies functionality of AI-powered services.
• DNVsecondaryTechnology or IntegrationDNV issued Type Approval for DeepSea's HyperPilot autonomous speed control solution - the first type approval DNV has issued for a system providing automatic speed adjustment to propulsion control systems. Jarle Blomhoff, Head of Digital Ship Systems at DNV, noted the importance of demonstrating technical foundation for autonomous systems in maritime transition to sustainability.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Nautilus Labs: Nautilus Labs is an AI platform that optimizes commercial vessel performance and emissions using high-frequency voyage data. It directly competes with DeepSea's Cassandra and Pythia products, targeting similar enterprise tanker and bulker operators with comparable fuel efficiency and CII compliance use cases.
• StormGeo (Alfa Laval): StormGeo provides weather routing and voyage optimization software to commercial shipping fleets. Acquired by Alfa Laval, it is one of DeepSea's closest direct competitors in voyage planning and performance routing, serving similar tanker, bulker, and container customers with comparable weather-driven and AI-assisted optimization offerings.
• ZeroNorth: ZeroNorth offers voyage optimization, vessel performance monitoring, and emissions management software for the shipping industry. It directly overlaps with DeepSea's Pythia, Cassandra, and HyperPilot value propositions, addressing the same fuel efficiency and regulatory compliance pain points for commercial fleet operators.
• BASS (Bunker Adjustment Savings Software): BASS provides voyage optimization, fleet management, and bunker planning software for ship operators and charterers. It is a direct competitor in the voyage optimization category where DeepSea's Pythia operates, particularly for fleet operators optimizing fuel costs and route planning.

Broad incumbents

• Lloyd's Register: Lloyd's Register is a classification society with growing digital, AI, and decarbonization advisory services for shipping. As a broad incumbent with deep shipowner relationships and classification data, it overlaps with DeepSea's compliance, performance monitoring, and decarbonization consulting, including via digital joint industry projects.
• Kongsberg Maritime: Kongsberg Maritime delivers integrated vessel automation, navigation, and digital ship solutions including dynamic positioning and engine room monitoring. Its Vessel Insight data infrastructure platform competes directly with DeepSea's Vessel Core data processing layer and broader voyage optimization offerings.
• ABB Marine & Ports: ABB Marine provides automation, digital, and electrification solutions including the OCTOPUS marine software suite for voyage planning and fleet management. As a broad incumbent with significant scale and shipping line relationships, ABB overlaps with DeepSea's navigation, automation, and vessel optimization capabilities.
• Wärtsilä: Wärtsilä is a major marine technology incumbent offering smart ship solutions, vessel automation, and digital services including route optimization and engine performance monitoring. While much broader than DeepSea (engines, services, lifecycle), its digital and smart vessel offerings overlap directly with DeepSea's monitoring and optimization platform.

Emerging players

• RightShip: RightShip provides maritime sustainability ratings, vetting, and emissions intelligence for shipowners, charterers, and ports. Its emissions and CII-related products intersect with DeepSea's regulatory compliance value proposition for fleet operators seeking to manage CII and EU ETS exposure.
• Kpler: Kpler provides maritime analytics for trade flows, freight, and increasingly vessel tracking and emissions. While focused more on commodity analytics than vessel performance, its emerging vessel and emissions analytics overlap partially with DeepSea's monitoring use cases for shipping operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@deepsea-technologies
• LinkedInlinkedin.com/company/deepsea-technologies
• Instagraminstagram.com/deepseatechnologies.ai

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DeepSea Technologies