The Cyprus Marine and Maritime Institute (CMMI) has achieved a major milestone with the launch of its first spinout company, Nautonomy Ltd. This new venture represents a bold step towards advancing autonomous and intelligent maritime technologies, marking Cyprus’ growing influence in the global Blue Economy.
Nautonomy Ltd: Driving Smart Maritime Solutions
Nautonomy Ltd focuses on creating and implementing autonomous and intelligent maritime technologies. Its goal is to revolutionize global shipping, marine operations, and ocean monitoring by turning advanced research into practical, market-ready solutions. The company aims to make Cyprus a center for marine innovation, contributing not just economically, but also socially and environmentally.
CMMI CEO Zacharias Siokouros emphasized that this launch showcases Cyprus’ ability to convert world-class research into real-world applications, strengthening the nation’s role in the maritime technology landscape.
A Step Toward Technological Independence
The creation of Nautonomy Ltd also aligns with Cyprus’ national strategy to boost research commercialization and achieve technological independence in key areas like defence and security. By focusing on developing technology domestically, Nautonomy sets itself apart from most local companies that rely on external assembly.
Co-founders Christos Keleshis and Christos Constantinides highlighted that Nautonomy is not just another startup it is a movement for transformation that aims to inspire innovation for generations to come.
The establishment of Nautonomy Ltd marks a defining moment for both CMMI and Cyprus. By bridging research and real-world application, this initiative positions Cyprus as a leader in maritime innovation and a growing hub for autonomous technology. Nautonomy’s vision and commitment symbolize a forward-looking approach to sustainable growth, entrepreneurship, and national technological progress.
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Source: CBN
