Eye-Seal offers internal breach technology for shipping containers

Company has received funding from Tito Investment Group and Texas A&M Aggie Angel Network and secured a strategic distributor.

Dreamstime

Dreamstime

Stuart, Florida-based Eye-Seal offers a device that detects internal breach of shipping containers once installed in the containers. The technology helps port authorities and shippers monitor when a container’s door is opened as well as the environmental conditions in the container throughout the entire logistics chain. Border and shipment security is expected to improve with the implementation of Eye-Seal’s internal breach detection technology, the company says.

To bring this new technology to market, Eye-Seal has announced a recent undisclosed funding injection from Tito Investment Group (TIG), Jacksonville, Florida, and the Texas A&M Aggie Angel Network. The company also has added PROSS as a strategic distributor with key markets in Europe, Asia and Africa. The partnerships are aimed at providing Eye-Seal with additional funds and distribution channels to increase manufacturing and upgrade its existing digital platform.

“We have tested and deployed our units in over 90 countries and partnered with companies who look for ways to protect their high-value cargo from origin to destination,” says Enrique Acosta, CEO and founder of Eye-Seal. “Cargo theft and damage continues to be a multibillion-dollar problem for the maritime shipping industry. We believe that containers need a complete internal breach detection system that is reliable and can last a minimum of 120 days to protect cargo in worldwide voyages. Our partnership with the Tito Group and the Texas A&M Aggie Network provides added funding to enter key markets and deliver our groundbreaking technology.”

Barry Vaughn, a former transportation and shipping company CEO and current member of TIG, says, “Our investment group is excited to join forces with Eye-Seal and looks forward to impacting shipping through improved transparency in the logistics chain. We are confident the Eye-Seal team will show shipping lines and governments new revenue streams while protecting their client’s cargo.”

“Tito Investment Group is very excited about our recent partnership with the Eye-Seal team,” says Steve Taylor, a founding member of the TIG and chief executive officer at AMPORTS, Jacksonville. “Eye-Seal has designed container security technology that vastly improves the security of high-value cargo in transit throughout the world. Cargo breaches are visible in real time, and notices are provided of the time and location when a breach occurs. This is more than simply tracking a shipping container’s location.”

Mike Wilkinson, president of Paragon Innovations, Richardson, Texas, and board member of the Texas A&M Aggie Angel Network, adds, “The Texas A&M Aggie Angel Network proudly joins Eye Seal and looks forward to shaking the cargo and shipping industry through smart container solutions.”