Lolaark Vision Inc

Previously crowdfunded $342K. Clarifies live video stream without special optical instruments when digital cameras are blinded with fog, rain, murky water or darkness. Product certified by the American Bureau of Shipping. Empowers AI-vision clarity in poor visibility conditions. Patent submitted.

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Security Type
Common Stock
Min Investment
$100
Location
Houston, TX
Offering Date
May 09, 2023
Expected Close Date
April 27, 2024
Target Raise
$10.00K-$550.00K
Security Price
$2.50
Valuation
$19,473,860
Number of Employees
5
Cash
$52,842
Revenue
$0
Short Term Debt
$6,000
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-137,791

Company Description

Video streams from drones, dash cams, and camera-based AI often face visibility issues due to fog, rain, snow, or low illumination, limiting the effectiveness of computer vision. Our disruptive technology significantly improves visual clarity even in very adverse conditions, overcoming these limitations. Lolaark Vision Inc. develops innovative software for restoring visibility in live video streams. Our state-of-the-art technology was invented by two mathematicians, Prof. Emanuel Papadakis and Dr. Sanat Upadhyay, after extensive research at the University of Houston in TX, USA. This technology benefits vehicle operators and automated navigation systems by identifying risks on land, in the air, or underwater. We are proud to be one of the first live video processing app to receive "New Technology Qualified" recognition from the American Bureau of Shipping, a prominent authority on sea-worthiness. This confirms our ability to enhance camera vision clarity in low-visibility aquatic environments.  WHAT SETS US APART FROM OTHERS Lolaark Vision's technology revolutionizes industries and prevents accidents by improving visibility for autopilots and human operators. Our software is not a luxury but a crucial advancement in live video stream restoration, seamlessly integrating cameras with AI-powered systems. As these systems become more prevalent, our technology provides necessary visual clarity beyond normal capabilities, enhancing accuracy and reducing hidden risks.All startups have some new idea or a business appraoch to bring to the market. A few companies market successful technological or radically innovative products, services or business models. Lolaark Vision introduces a scalable, entirely novel, mathematically sophisticated, transformative solution to the long-time recognized problem of cameras going literally blind when visibility is poor or illumination is inadequate.We have very few competitors - they mostly rely on addressing the same problem with statistical methods from the 90s that are inadequate for very poor visibility. Unlike our competitors, we have an active research team led by our CEO who is a mathematician with worldwide recognition and publications.Lolaark Vision’s video Clarifier solution is designed in a way that can be integrated into multiple different applications that only started to emerge, such as delivery drones and car autopilots. AI-vision goes blind when cameras face adverse visibility conditions they can’t overcome. Lolaark Vision’s tech works synergistically to give the clarity they need to work up to their design capabilities. Two years after our previous CF campaign, we started sales of the Clarifier, the only CERTIFIED product in the market by the American Bureau of Shipping for harsh visibility conditions, designed for the new generation of underwater robots with IP cameras.

Management Team / Advisory Board Bios

Emanuel Papadakis, Ph.D

President, Treasurer, and Director

Papadakis is a Professor of Mathematics at the University of Houston in Houston, Texas. He has over 22 years of experience in applied mathematics. His area of research includes image and video processing, computer vision, deep learning, neuroscience imaging with an emphasis on the synaptic network, and statistics. Professor Papadakis is the second inventor of the technologies of Lolaark Vision. So far, Papadakis has been the mentor of six Ph.D students.



Sanat Kumar Upadhyay, Ph.D.

Vice President, CTO, and Director

Sanat Kumar Upadhyay is the primary inventor of the technologies of Lolaark Vision, which he initially formulated as part of a research project with co-inventor Prof. Emanuel Papadakis. He later headed our team in successfully translating the work into commercial prototypes. He has 11 years of research and development experience in applied mathematics, computer science, software development, and microscopy, which gives him a very strong multidisciplinary background.


Randy Gagnon

Secretary and Director

Randy Gagnon is one of our domain experts in the field of marine operations. He is the CEO of a successful company serving the maritime industry, theTexas Commercial Diving Inc. TCD is a business leader in the Houston-Galveston area for underwater ship repair, propeller polishing, hull cleaning and under water seal replacement for over 30 years. Randy is a professional diver and in this capacity he is one of our in-house experts for the Lolaark Vision prototype's trials in the murky waters.

Dipendra Singh
Director and Advisor

Dipendra K. Singh is a seasoned entrepreneur who has founded and co-founded several successful startups and has immense experience in business development and corporate finance. He is the Founder and owner of INET Business Solutions, Inc, which has become a highly reputed name among attorneys, accounting professionals, and small to medium-sized businesses.
Amount Raised : $92,285
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