QYSEA Technology: Pioneering Underwater Robotics on a Global Scale
Key Takeaways:
- QYSEA Technology has successfully expanded its reach, selling products in over 130 countries and regions.
- The company recently completed a Series B1 financing round, raising tens of millions of yuan, backed by Xiaomi Group and Shunwei Capital.
- QYSEA’s innovative underwater robots cater to both consumer and professional markets, enhancing safety and efficiency in various industries.
- The company continues to invest in research and development, focusing on breakthrough technologies in marine applications.
QYSEA Technology, an underwater robotics manufacturer, is making significant waves in the industry, having sold its cutting-edge products to over 130 countries and regions globally. The company serves an impressive clientele, which includes well-known enterprises, key infrastructure firms, and municipal institutions.
Recently, QYSEA Technology unveiled its success in securing tens of millions of yuan in its Series B1 financing round, bolstered by substantial backing from global electronics giant Xiaomi Group and Beijing’s venture capital firm Shunwei Capital. With this new capital, QYSEA Technology is set to broaden its resources, aiming to enhance the development and establishment of closed-loop solutions within its range of underwater robots, targeting both consumer and professional markets.
China’s rich marine resources, paired with a growing emphasis on the "Water Economy," provide fertile ground for QYSEA’s innovations. According to a recent report from the Chinese Commercial Industry Research Institute, the country’s marine economy is projected to exceed 9 trillion yuan, contributing roughly 9% to the national GDP by the end of 2021. This vibrant landscape, driven by government policies and evolving industry needs, has led to increased attention and financial support for innovative underwater technologies and equipment.
The company’s flagship underwater robots, known as FIFISH, exemplify artificial intelligence in marine applications. These advanced vehicles are designed for various underwater tasks, offering expandable tools and the ability to dive deep, showcasing QYSEA’s commitment to advancing underwater technology markets.
Belinda Zhang, CEO and founder of QYSEA Technology, remarked on the industry’s evolution: "Underwater intelligent solutions have long been used for high-precision tasks in military applications, ocean explorations, scientific inquiries, and beyond. However, only recently have these technologies begun to gain traction in commercial and consumer markets, largely due to increased safety, efficiency, and effectiveness expectations.”
One of QYSEA’s notable innovations is its proprietary six-propeller structure, diverging from traditional open-frame designs. This award-winning design enhances efficiency even in challenging underwater conditions. The company’s advancements in propulsion systems have led to a 30% boost in operational efficiency, a 20% increase in durability, and an impressive 80% improvement in cost-effectiveness compared to industry norms.
QYSEA Technology also holds over 100 product and utility patents and has received numerous accolades, including the CES Innovation Awards and recognition from Germany’s iF Design Award and Japan’s Good Design Award. The innovative company has positioned itself strategically within various professional sectors, including aquatic farming, ship inspection, emergency response, and more, demonstrating its adaptability and commitment to quality.
The company’s reach extends into consumer markets as well, providing a versatile underwater filming solution boasting 4K ultra-high-definition capabilities. FIFISH robots are already being utilized by leading media organizations such as National Geographic, CCTV, and Discovery Channel, amongst others.
As QYSEA Technology continues to grow, its leadership recognizes the importance of collaboration. Belinda Zhang emphasized the strategic significance of its recent financing, stating, "We aim to leverage Xiaomi’s resources to streamline our development process and deliver high-quality products and services."
Jiang Wen, from Xiaomi’s strategic investment department, highlighted the rising demand for underwater robotics in various sectors, suggesting that consumers’ expectations for advanced technology are escalating. “With its outstanding technical strength, industry experience, and product innovations, QYSEA Technology stands as an industry leader,” he stated.
As QYSEA Technology forges ahead, its innovative spirit and strategic partnerships indicate a promising trajectory, poised to impact the underwater robotics landscape in the coming years.
