South Australian Forestry Corporation

Pano AI, the leader in wildfire detection technology, raises $17M in growth capital and expands executive team, including top leadership in Artificial Intelligence

Retrieved on: 
Monday, July 10, 2023

Concurrent with this funding, Pano announces the expansion of its executive team including a distinguished leader in Artificial Intelligence, Ryan White , who formerly led high profile machine learning teams at Amazon and Meta.

Key Points: 
  • Concurrent with this funding, Pano announces the expansion of its executive team including a distinguished leader in Artificial Intelligence, Ryan White , who formerly led high profile machine learning teams at Amazon and Meta.
  • Even in an economic downturn, we must act rapidly to cope with these escalating effects of climate change.
  • This incremental capital signifies our emerging market leadership and growing commercial traction and emphasizes the urgent need for innovative technologies that focus on climate adaptation.
  • Pano also expanded its executive team, including adding world class leadership in the fields of computer vision and Artificial Intelligence.

Forestry And Logging Market Overview: Competitor Landscape And Major Player Strategies - By The Business Research Company

Retrieved on: 
Monday, June 12, 2023

LONDON, June 12, 2023 /PRNewswire/ -- As per The Business Research Company's Forestry And Logging Global Market Report 2023, the global forestry and logging market size will grow from $981.7 billion in 2022 to $1083.2 billion in 2023 at a compound annual growth rate (CAGR) of more than 10%. The forestry and logging market size is then expected to grow to $1600.4 billion in 2027 at a CAGR of more than 10%. Going forward, the rising urbanization, the growing investment in construction, the increasing wood consumption and the rising government investments will drive the market growth.

Key Points: 
  • The forestry and logging market size is then expected to grow to $1600.4 billion in 2027 at a CAGR of more than 10%.
  • The forestry and logging market is highly fragmented, with a large number of small players.
  • Innovations in forestry equipment are gaining traction in the forestry and logging market.
  • The Business Research Company recommends players in the forestry and logging market to strategies such as strengthening business operations through business expansions, enhancing portfolio of premier quality timberland assets and expanding operational capabilities through strategic acquisitions.

Pano AI Secures Record-Breaking Investment to Help Fire Agencies Stop Catastrophic Wildfires

Retrieved on: 
Monday, September 19, 2022

All wildfires start small, so the key to mitigation is detecting new ignitions quickly so that first responders can stop them before they grow.

Key Points: 
  • All wildfires start small, so the key to mitigation is detecting new ignitions quickly so that first responders can stop them before they grow.
  • Pano AI will use the funding to continue advancing its AI-based approach to rapid wildfire detection, transforming how fire agencies respond to new ignitions and prevent catastrophic wildfires.
  • Sonia Kastner, CEO, and founder of Pano AI, said: The climate crisis is happening now, and humanity needs to start adapting today.
  • This investment will accelerate the geographical breadth of Panos AI solution, enabling us to safeguard more communities from these climate caused emergencies.