Optics11 to revolutionise protection of undersea cables with EU loan
Netherlands, Jan. 15 -- The European Investment Bank (EIB) has signed a €25 million venture debt financing agreement with Dutch fibre-optic sensor innovator Optics11. The company uses advanced fibre-optic sensing technology with applications in two core critical sectors for European strategic autonomy: Energy and Underwater Security.Optics11's technology enables ultra-sensitive vibration and acoustic monitoring in harsh environments, supporting missions such as submarine monitoring, border surveillance, and structural health monitoring of naval assets and electricity networks.The EIB backing for Optics11 is supported under the European Commission's InvestEU programme.Optics11 will use the EIB venture debt financing to accelerate the p...
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