12.11.2021 / 09:01 // OroraTech

The Munich-based company entered the race as one of 10 finalists for the award offered by Handelsblatt and McKinsey. The award ceremony took place on November 11, 2021 - and OroraTech was chosen as the winner.

The Digital Prize was awarded to companies "whose ideas have the potential to fundamentally change markets." (Handelsblatt) As the only representative from NewSpace, the company founded in 2018 by Thomas Grübler, Björn Stoffers, Florian Mauracher and Rupert Amann took first place. Visibly surprised, Grübler accepted the award. He also emphasized that OroraTech's concept is more relevant than ever in light of advancing climate change.

Screenshot award ceremony "The Spark"

1,384,600,000,000 kg of CO2 emitted just in August 2021

Around the world, forest fires are contributing to the increase in greenhouse gases in the atmosphere. In August 2021 alone, fires in the northern hemisphere released 1,384.6 megatons of CO2. Globally, forest fires actually release more carbon dioxide into the Earth's atmosphere each year than is caused by the entire European Union. As Grübler said, it is unacceptable that among the fires are those started wantonly for mainly economic interests. Detecting them even in remote regions is now possible with the technology developed by OroraTech, he said.

This year's award ceremony focused on startups with Net Zero Tech concepts. What they all have in common is that they want to counteract climate change with their business model and mitigate the consequences of global warming as best as possible. The climate conference currently underway in Glasgow (COP26) is also intended to set the course for a sustainable future at the political level.

via OroraTech, The Spark

Written by (MWe)