Over the last decade, more than 100,000 fires and around 400 million burnt hectares have been reported each year, affecting 5.8 million people around the world with a total economic cost in the region of 55 billion Euros. The last 18 months were the most destructive in the history of California, Greece, British Columbia, Portugal and Chile among others. But current methods of fire detection and prevention are deficient in key respects. Fire managers are asking for innovative solutions that are more reliable and cost effective.
The conclusions of this feasibility study are positive, concluding that the project shall continue. AD TELECOM has the objective to grow, internationalise and accelerate its full green growth potential through a nature-based sustainable solution. The project is expected to generate a recurring revenue model providing an end-to-end subscription service for the customers that improves current fire management systems and saves money to end-users.