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Out of the hundred companies selected for the Slush 100 pitching competition, three of the most promising growth companies were filtered into the final of the Slush growth company event on Thursday, November 20. Diffraqtion, the company developing the Galileo 1 super-camera and the eventual winner, received a million-euro capital investment from venture capital firms General Catalyst and Cherry Ventures at the conclusion of the Slush event.
The resolution of traditional optics is limited by a phenomenon called diffraction—the bending of light as it passes through a camera lens. Diffraqtion’s camera achieves its impressive resolution based on quantum optics, which offers the possibility of circumventing the limitations of traditional camera technology.
The product from the US-based startup Diffraqtion is an ultra-precise and ultra-fast camera for satellites or machine vision applications. Its technology is based on research from MIT, NASA, and the US military’s research organization, DARPA.
In the Slush 100 final, Johannes Galatsanos shows the Slush audience a small model of a camera satellite. In Galatsanos’s vision, a cluster of small camera satellites will monitor the Earth’s surface and space with much better resolution than current cameras.
“And much cheaper than current ones.”
“How do you feel now?” the host asks at the end of the event.
“Exhilarated, and ready to go to space,” answers Galatsanos, a million-euro check in his hand.
