【Notice】Selected as a partner in a G7-approved global initiative to encourage impact investing
NAGOYA, Japan, October 2, 2023 – SORA Technology Co., Ltd. (Head Office : Nagoya, Japan; Founder and CEO: Yosuke Kaneko, hereafter “SORA Technology”), which has a mission to “transform people’s lives from ‘SORA’ (space),” has been selected as a partner company for the global initiative led by the Japanese government to promote impact investment in the field of global health, known as “Triple I for GH (Impact Investment Initiative Global Health = Triple I).” Through this selection, the company aims to contribute to solving social issues in the global health field by expanding funding opportunities.
Screenshot from website
Triple I for GH Overview:
Triple I for GH is an initiative aimed at mobilizing private sector funding through impact investment* to address social challenges in global health. It was spearheaded by the G7 Presidency country. The founding meeting of Triple I for GH, held in conjunction with the United Nations General Assembly, was attended by Prime Minister Fumio Kishida, Tedros, Director General, World Health Organization and Bill Gates, Chairman of the Bill & Melinda Gates Foundation, making it an internationally prominent endeavor.
*Impact Investment = Investment made with the intention of generating positive social and environmental impacts (impact) through economic activities, with a focus on creating both financial returns and measurable impacts.
Reason for Selection:
SORA Technology’s project in Africa, which combines drones and artificial intelligence (AI) to combat malaria, was recognized and appreciated. The system detects stagnant water bodies with a high risk of mosquito larvae (breeding grounds for malaria vectors) using drones and AI. It selectively applies insecticides to high-risk water bodies, resulting in a more environmentally friendly and cost-effective approach compared to traditional methods for mosquito control.
About SORA Technology Co., Ltd.:
SORA Technology, with the mission of “Transforming Lives through Space (SORA),” creates new social infrastructure using air mobility centered around drones. It aims to implement advanced social solutions in developing countries, contributing to the resolution of urgent social issues such as infectious diseases like malaria and last-mile delivery, while also providing comprehensive services including legal support, drone operation management systems (UTM), and drone licenses. Additionally, it aims for reverse innovation in advanced countries based on the operations and technology developed in developing countries, realizing a sustainable society that can withstand disasters and epidemics using “SORA” and ensuring the safe management and integration of “SORA” worldwide.
Contact for this matter:
SORA Technology Co., Ltd.
Public Relations Department Sato
Email: ichiho.sato@sora-tech.com
