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Space technology saves millions in the automotive sector
Photo by IPN

Stratio, incubated in the Business Accelerator of the Pedro Nunes Institute, was born of a need shared by a client: the Municipal Transportation Services of Coimbra (SMTUC) fleet had frequent engine problems that caused constant stops and great costs of maintenance. Using space technology, introducing the concept of predictability, Stratio developed a product that allowed SMTUCs to reduce maintenance costs by 12%, less than 350 hours in forced down time, an 8% decrease in fuel costs and a reduction of 93 tonnes of gaseous emissions. All this was possible because the problems of the vehicles began to be detected before they occurred.

From Coimbra to the world, already with offices in Silicon Valley and Madrid, Stratio has been chosen by the European Space Agency (ESA) to attend the Web Summit on November 9 at 2:15 p.m. Together with Frank Salzberger, director of ESA's technology transfer program, Stratio will step onto the Growth Summit where some of the world's fastest-growing companies will be presented.

Stratio collects more than 250,000 sensor data per day and per vehicle. Compatible with all heavy vehicles, regardless of age, make or model, the device developed by Stratio collects all the data generated by the sensors of the vehicle in real time and, through an artificial intelligence algorithm, can anticipate and anticipate the occurrence of wear and serious malfunctions, allowing for timely actions by the customer and, consequently, less costs and time in the workshop.