Accenture (NYSE: ACN) made a strategic funding in Titan Space Technologies, a Palo Alto, CA-based orbital compute platform that provides real-time monitoring and neural engine capabilities to speed up the following technology of scientific know-how improvements for enterprises, resembling adaptive immune response, carbon seize and biomedical functions.
The deal, whose quantity was not disclosed, was made by Accenture Ventures. Along with the funding, Marc Carrel-Billiard, world lead for Expertise Innovation at Accenture, has joined Titan’s Scientific Advisory Board.
Based in 2021 by by Ashley Pilipiszyn, Russell Foltz-Smith, and Rob Maigret – previously of OpenAI, Wolfram Alpha, and The Walt Disney Firm, respectively, Titan House Applied sciences goals to create space experimentation accessible through its orbital compute platform to enterprise prospects.
As a part of Axiom House’s Ax-1 mission, Titan efficiently deployed and ran its first suite of machine studying fashions on HPE’s Spaceborne Pc-2 aboard the Worldwide House Station (ISS).
The corporate is to hitch Accenture Ventures’ Mission Highlight, an engagement and funding program centered on investing in firms that create or apply disruptive enterprise applied sciences.
FinSMEs
07/04/2022
