# Obstacle Collision Avoidance System

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/obstacle-collision-avoidance-system

- Industry: Aerospace
- Headquarters: Vienna, US
- Website: www.ocasinc.com
- Total disclosed funding: $4.8M
- Latest round: Series B (May 9, 2005)
- Investors on record: 3

## About

Obstacle Collision Avoidance System specializes in providing innovative solutions designed to enhance safety and prevent collisions in various operational environments.Obstacle Collision Avoidance System focuses on developing systems that improve safety in critical applications. The company was previously acquired by Vestas in October 2011, marking a strategic shift in its operations that aligns with Vestas' broader safety initiatives. Headquartered in Vienna, US, details on the founder's background are not available. The company has secured a total amount raised of NOK 17.500 mn through various funding rounds, including notable participation from investors such as BKK, Grande Ventures, Investinor, START-fondet ASA, Teknoinvest Management, and Viking Growth. The most recent funding round, which also represents the total amount raised, occurred in October 2011.OcasInc.com offers premium domain names, with a primary focus on selling the domain OcasInc.com itself. This domain serves as a crucial digital address for businesses and individuals, helping them establish a professional online presence and enhance visibility in the digital landscape. The core offering is tailored for entrepreneurs, startups, and established businesses aiming to create a distinct online identity, with global marketing efforts that include North America, Europe, and Asia.OcasInc.com operates on a revenue model based on direct sales of domain names. Customers can purchase the domain outright for a fixed price of NOK 5,695 or choose a financing plan with monthly payments of NOK 474.58 over 12 months. This direct-to-consumer sales approach targets clients seeking a unique online identity, ensuring accessible pricing options and a seamless transaction experience. The company also provides a 30-day money-back guarantee, ensuring customer satisfaction and security through SSL encryption and various payment options such as PayPal or Escrow.com.Moving forward, Obstacle Collision Avoidance System aims to develop new products that enhance safety technologies, although specific release dates are not disclosed. The company is also exploring expansion into new geographic markets, particularly targeting regions in North America and Europe by the end of 2023. The funding secured in October 2011 will be utilized to bolster product development and expand market presence, aligning with the company's future growth strategy.

## Funding rounds

- Series B, May 9, 2005, $4.8M — Teknoinvest Management, START-fondet ASA, Viking Growth

## Investors

- Teknoinvest Management (https://capitalatlas.ai/funds/teknoinvest-management) — Series B
- START-fondet ASA — Series B
- Viking Growth (https://capitalatlas.ai/funds/viking-growth) — Series B