The Global Security Challenge (GSC), held at London Business School last month, has revealed its 2009 winners and awarded more than $500,000 in prizes.
Israel-based Adaptive Imaging Technologies has won the “Most Promising Startup Award” and was awarded a $100,000 cash grant provided by TSWG, US Department of Defense, plus mentorship from Mike Chalfen, General Partner at Advent Venture Partners.
The company has developed a new digital video technology for persistent surveillance. The core benefit is that a single device provides the same functionality as a large number of conventional wide-angle and telescopic cameras, nicknamed by the company as a “Panoramic Telescope”.
AIT was founded in 2006 by CEO Gideon Miller, originally from Zimbabwe but moved to Israel in 2001 after 18 years in the United States. In an interview to the Jerusalem Post, Miller said:
“AIT is looking to market its technology to border patrol agencies and municipalities who are looking to deploy surveillance cameras in public areas, especially at so-called “critical infrastructure” sites like nuclear power plants, pipelines, and the like”.
The product is still in stealth and is expected to launch in 2010.
I'm a former general partner at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google's first physical hub for startups.
I'm also the founder of Techbikers, a non-profit bringing together the startup ecosystem on cycling challenges in support of Room to Read. Since inception in 2012 we've built 11 schools and 50 libraries in the developing world.
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