Department for International Trade
UK geospatial intelligence sweeps US cruise lines
A Bristol-based geospatial intelligence company has secured a deal with an American cruise line which is projected to be worth £5.5 million by the end of 2024.
The new contract will see the start-up’s bespoke global maritime operations portal used by cruise operator Carnival Corporation & plc as part of an initial six-month service trial.
The company’s geospatial intelligence service, which provides an overview of the security threats to vessels and passengers both at sea and alongside, will then be rolled out across all nine of the corporation’s cruise lines in 2020, bringing the projected value of the deal to £1.4 million by the end of 2021.
Last month, the company also secured four new deals in Zambia, Finland, Indonesia and Greece, the total value of which is projected to reach £6.7 million in the next five years.
Secretary of State for International Trade Liz Truss MP recently said:
It is forward-thinking British companies like Geollect that are driving the rapid growth of the UK tech industry and giving the UK economy a well-deserved boost.
Now is the time for other UK businesses to tap into the international opportunities and showcase British tech and expertise on the global stage.
The Department for International Trade (DIT) has been supporting Geollect on its export journey and prior to the new deal provided the company with a Tradeshow Access Programme grant which enabled the business to attend the Esri GIS Conference in Washington and get in front of potential US customers.
Geollect specialises in automated location intelligence by providing a blend of cutting-edge data feeds and proven advanced geospatial analysis. Using the latest satellite and New Space technology, the business creates dynamic algorithms within user-friendly software to deliver a new form of timely and actionable intelligence.
Richard Gwilliam, Co-founder at Geollect recently said:
Breaking into the United States market with this new deal is a really exciting step for a young company like Geollect.
This is our first big step in exporting, it’s a new experience for the team and I genuinely believe the potential for growth in our global exports is huge.
I would very much encourage other SMEs to consider exploring international markets. In our experience there is a real appetite for UK PLC products.
The company was founded in 2017 by Cate Gwilliam, a former Geospatial Intelligence Officer with National Geospatial Agency in the US and Richard Gwilliam, a former Royal Navy Intelligence Officer.
Geollect’s current turnover is £500,000 and the company employs eight full-time staff at its HQ in Bristol. Given the international significance of its services, the business is looking to expand into new markets with strong maritime industries and military requirements including Asia, the Middle East, Australia, Canada and New Zealand.
Press office enquiries
King Charles Street
Telephone +44 (0) 207 215 2000
Latest News from
Department for International Trade
Update on Airbus dispute17/02/2020 11:25:00
The United States has revised retaliatory tariffs on EU and UK products as part of a World Trade Organization dispute over subsidies to Airbus.
UK statement to the WTO Committee on Trade and Development - 48th Session on Aid for Trade11/02/2020 16:24:00
The UK's Ambassador to the WTO and UN in Geneva, Julian Braithwaite, delivered a statement to the WTO Committee on Trade and Development during the 48th Session on Aid for Trade on 11 February 2020.
UK statement on the WTO Joint Initiative on E-Commerce11/02/2020 14:12:00
The UK's Ambassador to the WTO and UN in Geneva, Julian Braithwaite, delivered a statement during the opening plenary session of the WTO Joint Initiative on E-Commerce on 11 February 2020.
2019 was record-breaking year for UK exports11/02/2020 13:10:00
UK exports at an all time high, with goods exports to non-EU countries growing by 13.6% on 2018.
Innovative new Freeports across the UK as Government lays out plans to boost economy11/02/2020 08:14:00
New hubs of business and enterprise will be opened across the UK creating thousands of jobs, regenerating communities and turbocharging Britain’s post-Brexit growth, the Government yesterday (Monday 10 February) announced.
Win for British farm as cabbages allowed into Malaysia10/02/2020 13:38:00
Lincolnshire cabbages can now be enjoyed by Malaysian consumers.
Trade Minister champions UK SMEs in US ahead of trade talks10/02/2020 12:10:00
Business leaders across Texas have met with International Trade Minister Conor Burns this week to discuss the benefits of future UK-US Free Trade Agreement.
Protecting UK businesses from injury07/02/2020 11:20:00
The Government yesterday announced that it will begin reviewing 43 EU trade remedy measures, which were deemed important to UK industries and should be maintained.