AWAAIT signs a 1.1 million euro grant within the H2020-SME Instrument program
The start-up’s proposal was ranked #1 in the Transport category, out of 156 European projects.
Barcelona, April 2017 – AWAAIT has signed a Phase 2 grant under the H2020-SME Instrument program, valued in €1.1million with a duration of 24 months. The start-up plans to use this funding to grow its staff and to scale up and internationalize its DETECTOR system.
This second phase comes up as a natural step after the successful completion of a Phase 1 grant in 2015.
DETECTOR is an automatic real-time video analytics system that aims to tackle fare evasion on public transport. Via Artificial Intelligence-Machine Learning algorithms, a camera over the ticket barrier observes the ticket validation process. The system immediately sends a sequence of images to inspectors’ smartphones when detecting a fare dodging incident. This allows very selective controls to intercept offenders before they reach the platform, effectively helping to reduce fare evasion without bothering paying passengers and, therefore, not disrupting overall mobility.