Watersight News
5 articles
growth-positive
Watersight Awarded XTC Startup Competition First Place Win At The Annual Consumer Electronics Show In Las Vegas 2023
Watersight Ltd., a joint venture between MEKOROT, Israel’s national water company, and Newsight Imaging Ltd., has won first place in the Sustainable Smart Cities category at the Extreme Tech Challenge™ (XTC) Startup Competition for its AquaRing™ smart water monitoring system. The award was presented at the CES 2023 technology conference. The AquaRing™ system provides real-time water condition monitoring for the water, utility, and food & beverage industries. Newsight Imaging Ltd. announced in August 2022 that it has entered into a definitive agreement to become publicly listed through a merger transaction with Vision Sensing Acquisition Corp.
AcquisitionPublic Trading
growth-positive
Watersight Adds Global Companies to the AquaRing Water Monitoring Pilot Program
Watersight, a joint venture between Israels national water company MEKOROT and technology company Newsight Imaging Ltd., has begun field testing at MEKOROTs water monitoring station in northern Israel. The test involves the use of the AquaRing, a smart water monitoring system designed for real-time online water condition monitoring. The system is being piloted by several large global water companies. Watersights AquaRing is based on spectral chips developed by Newsight and uses machine learning and AI. The company recently announced plans to go public through a merger with Vision Sensing Acquisition Corp.
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Watersight Releases the AquaRing - A Complete Real-Time Sensing Device for Online Water Condition Monitoring
Watersight, a joint venture company of MEKOROT and Newsight Imaging, has launched the AquaRing, a real-time sensing device for online water condition monitoring. The company aims to become a major player in the digital water market, which is estimated to reach $14.5 billion by 2027. The AquaRing, based on Newsight Imagings spectral technology, uses machine learning and AI to provide advanced IoT monitoring for water quality. Watersight has engaged three initial industry leaders to collaborate on water quality monitoring applications. The AquaRing is now available for select customers to join the pilot program.
CustomersPartners
growth-positive
https://www.jpost.com/jpost-tech/mekorot-launches-startup-for-remote-monitoring-of-water-data-671722
Mekorot, Israels national water company, has established a new startup called Watersight in collaboration with Newsight Imaging. Watersight will focus on developing advanced sensing and monitoring solutions in the water field. The company has announced an initial round of raising capital and aims to integrate strategic investors. The demand for water quality control monitoring is expected to reach $6 billion by 2025. Watersight intends to develop various products for home monitoring, building system monitoring, and water systems for monitoring entire countries. The technology has already completed two independent tests and offers rapid analysis of water quality using artificial intelligence technology. The small-sized system will be placed in water sources and take thousands of photos per second for analysis.
Investment
growth-positive
מקורות נכנסת לתחום ניטור איכויות מים, ומקימה סטארט-אפ בתחום
Israeli government-owned water company, Mekorot, has announced the establishment of a start-up called Watersight, which will focus on water quality monitoring. Watersight is a joint venture between Mekorot and Israeli company Newsight Imaging. The company plans to develop various products for water monitoring, including home monitoring systems and complete water system monitoring for countries. The technology has already undergone independent testing. Watersight is seeking strategic investors for its first funding round.
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