Amsterdam-based Optics11 secures €25 million EIB loan to strengthen Europe’s subsea and energy security
Amsterdam-based deep-tech company Optics11 has secured a €25 million venture debt financing agreement from the European Investment Bank (EIB). This funding aims to strengthen Europe's subsea and energy security through the advancement and deployment of Optics11's fiber optic sensing solutions. The investment underscores the EU's commitment to supporting technologies that enhance strategic autonomy in critical infrastructure protection. Optics11, a spin-off from Vrije Universiteit Amsterdam founded in 2011, develops advanced fiber-optic sensing systems. The company's technology is designed for use in harsh environments and offers applications in the energy sector and underwater security. Its sensors eliminate electromagnetic interference, enabling ultra-sensitive vibration and acoustic monitoring, crucial for safeguarding against threats to infrastructure. The impact of this financing extends to both civilian and defense applications. Optics11's technology provides predictive monitoring solutions, like OptiFender for electrical systems and OptiBarrier/OptiArray for subsea infrastructure, to detect threats early. This allows for faster threat detection and localization, offering operators more response time and contributing to Europe's resilience. This funding from EIB, supported under the European Commission’s InvestEU programme, highlights the EU’s dedication to fostering innovative companies. It also supports Optics11's aim to accelerate the adoption of its monitoring technology across Europe, furthering the continent’s capabilities in energy and security.
Curated and translated by Europe Digital for our multilingual European audience.
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