Utilis Awarded as Technology Pioneers by World Economic Forum

Utilis, a remote sensing start-up that uses satellite data to detect drinking water leaks from underground pipes, was selected for using innovative technologies to reduce non-revenue water and conserve energy.

SAN DIEGO (PRWEB) June 21, 2018 — Utilis, an Israel-based remote sensing company that uses satellite data to detect drinking water leaks from underground pipes, was selected among hundreds of candidates as one of the World Economic Forum’s “technology pioneers”. Utilis, which has a United States subsidiary in San Diego, CA, was co-founded by Lauren Guy, who serves as the CTO. Lauren discovered that the technology used to remotely search for water under the surface of Mars could be transformed to help save water on Earth.

The World Economic Forum’s Technology Pioneers community are early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.

This year’s cohort is the most diverse ever, both geographically and in terms of gender. 52% are female-led, and a majority (54%) come from regions outside the United States and Silicon Valley, with each continent represented, barring Antarctica. There is also a wide variety in the technologies the pioneers focus on: the focus technologies include artificial intelligence, big data and internet of things (IoT), biotechnology, blockchain, autonomous vehicles, cyber security, vertical farming and other agricultural advances, decentralised microgrids and robotics. The full list of technology pioneers can be found here.

Following its selection as Technology Pioneer, CEO Elly Perets of Utilis will be participating in the World Economic Forum Annual Meeting of the New Champions. This meeting, also dubbed “Summer Davos” will be held in Tianjin, China, September 18-20. Many Pioneers will also attend the Annual Meeting in Davos, in January 2019, and continue to contribute to Forum initiatives in the course of the next two years.

“We welcome Utilis in this diverse group of technology pioneers,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “Utilis and its fellow pioneers are front and centre in shaping the ongoing Fourth Industrial Revolution and we believe they will be transforming society and industry in a positive way in the years to come.”

“We are honored to be acknowledged as a pioneer by the World Economic Forum,” said Utilis CEO Elly Perets. “The scale of failing pipe infrastructure is a 21st century problem, and this award shows that we need to bring forth 21st century solutions. We plan to use this award to take the next step as a company and engage with stakeholders in government and society, as well as in business.”

The Technology Pioneers were selected by a selection committee of more than 60 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact and leadership. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers18 More information on past winners can be found here.

About Utilis Corp:

Utilis is the only patented technology using satellite microwave technology to penetrate soil in the search for drinking water associated with leaking pipes. As the world’s only satellite-based drinking water leak detection provider, their algorithm brings remote sensing technologies to the forefront of protecting the earth’s resources. Headquartered in Rosh Ha’Ayin, Israel, with a United States subsidiary in San Diego, CA, Utilis currently provides innovative solutions for utilities around the globe. For more information on Utilis and our technology visit www.utililiscorp.com.

About World Economic Forum:

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org)