U.K. Report Examines the Future of the Sea

The U.K.’s Government Office for Science released its Future of the Sea final report today. The document addresses major impacts on the sea including governance, environmental issues, marine resources and economic potential of the sea.

The Foresight project that produced the report also created a series of evidence reviews on specific topics including cybersecurity, shipping trends, ocean acidification, aquaculture and marine biodiversity, among others.

To examine the future of the industry, the project also conducted interviews with 11 marine companies to infer the industry’s challenges into the future. The interviews are summarized in the report, “Industry perspectives on emerging technology”.

You can read more on the project page, https://www.gov.uk/government/collections/future-of-the-sea, or download the full report here (pdf).

World Ocean Council Hosts Forum on Investing in Sustainability

The World Ocean Council (WOC) is hosting a program on investing in ocean sustainable development as part of the Sovereign Wealth Fund Institute’s annual forum Feb. 22 in Santa Monica.

The “Ocean Day” event will consist of dialogue between panelists dedicated to aquaculture, renewable energy and port and coastal infrastructure resiliency and adaption. A fourth session will focus on small island/Caribbean investment opportunities – including the “Caribbean Climate-Smart Zone”, which was recently launched at the Climate Summit in Paris on Dec. 12, 2017 with high level representatives from investment, industry, government and inter-governmental bodies.

Each panel will consist of CEOs from leadership companies in each of these fields, as well as investor representatives, with cross-cutting attention to islands. The current list of panelists includes representatives from the following organizations:

• Aquaculture: Cuna del Mar, Protix, Calysta, Open Blue (pending), Vitamar (pending)
• Renewable Energy: Principle Power, Resolute Marine Energy, Verdant Power, Orsted North America (pending)
• Port/Coastal Infrastructure Resiliency and Adaption: Agawa Fund Management, Baird and Associates, Lightsmith Group, American Association of Port Authorities, Port of New York/New Jersey (pending)

The event, according to Jacques Demers, chair of the WOC Ocean Investment Platform Advisory Group, is an opportunity for “key representatives and decision-makers of institutional long-term investors, such as pension and sovereign funds and insurers to meet directly with ocean industry executives and public policy makers and identify and assess the potential to make investments in appropriate risk adjusted return opportunities (including energy, food, infrastructure, new technologies, resources, decreased carbon emission transportation, etc.)…”

Ocean industries and stakeholders can register for the “Ocean Day” event at this link.

Information on the overall SWFI Institutional Investment Forum, including registration for the rest of the event, can be found at: www.iinvestorforum.com/

Abstracts Due for OCEANS’18 Conference

Dec. 1, 2017 is the deadline to submit abstracts in the call for papers from OTO’18 (OCEANS’18 MTS / IEEE Kobe / Techno-Ocean 2018), which will be held May 28-31, 2018 in Kobe, Japan.

The event is hosted by three joint-organizers — the IEEE Oceanic Engineering Society (IEEE/OES), the Marine Technology Society (MTS) and the Japanese Organization of the Consortium for Techno-Ocean 2018 (CJO) — and will cover every field related to marine technology and ocean engineering.

Local topics for OCEANS‘18 include:

  • Ocean and space technology collaboration
  • Ocean natural hazard monitoring and social implementation
  • Acoustic and optic cooperative application for underwater sensing and communication
  • Fisheries, aquaculture and aquatic life related technologies
  • Marine renewable energy and environmental assessment
  • Ocean resource exploration technologies
  • Sub-seafloor engineering and operations (drilling, coring, monitoring and mining)
  • Coastal zone management applications
  • Marine law and policy for sustainable ocean development

General OCEANS conference topics include:

  • Underwater acoustics and acoustical oceanography
  • Sonar signal / image processing and communication
  • Ocean observing platforms, systems, and instrumentation
  • Remote sensing
  • Ocean data visualization, modeling, and information management
  • Marine environment, oceanography, and meteorology
  • Optics, imaging, vision, and e-m systems
  • Marine law, policy, management, and education
  • Offshore structures and technology
  • Ocean vehicles and floating structures

Learn more about the event here.

Aquabotix Goes Public: Web-Based Tech and Underwater Vehicles

Aquabotix is a company that specializes in portable underwater vehicles. Its products include ROVs, hybrid AUV/ROVs and underwater camera systems. Aquabotix recently made the transition to become a public company and is now listed on the Australian Securities Exchange. ST caught up with CEO Durval Tavares and engineer Joshua Normandin to talk about the IPO and the company’s latest tech developments.

What prompted you to go public?    

DT: One of the things we were looking for was to raise some capital dedicated strictly for growth. We strongly believe the Asia-Pacific market is a huge opportunity going forward. We wanted to have physical presence in that part of the world.

Also, the Australian market has an entrepreneurial spirit. We felt strongly we could do better things in Australia than in the U.S.

We’re living up to our expectations in sales and marketing [since the IPO]. We’ve announced a couple of new tech features in our products, and we have some more features to announce in the next six months.

Has your company grown since the IPO?

DT: We have 26 people on our payroll. That’s double the size of the company before the IPO. We also do a lot of outsourcing for engineering services.

Now that you’re public, you’re beholden to shareholders. How does that change things?

DT: We were always beholden to shareholders. We used to have five [before the IPO]. Now it’s 500 shareholders. Our fiduciary responsibility has always been at the top of the list. What has changed is we’re now a public company, so there’s additional things you have to do as a public company. We have a physical presence in Australia [for example].

There’s a little more burden as a public company, but it’s something we knew ahead of time, and we’re handling it.

Tell me about new tech developments.

DT: We’ve increased our engineering team and budget. We released a couple of announcements having to do with our remote control and remote viewing capabilities. It’s more on the software side of things, the ability to interact with technology anywhere in the world. As long as you have that, you have control and see the result of the vehicle you’re working with.

You’ve now got tech that allows for vehicle control via smartphone and tablet.

DT: We’re a company that’s providing easier access for remote control. We first introduced an iPad-controlled vehicle. It was new to the world. We’ve had an iPad and a Windows app for a while. The technology for the Internet, and specifically for browsers—developing these applications is what we’re doing now. As long as you have browsers, you can access and have control over your system. We’re leading the tech trend. I expect that everybody else will be doing it in a couple years.

Who are your competitors?

DT: For ROVs, Teledyne, SeaBotix, VideoRay, Deep Trekker. For the hybrid—ROV and AUV—we break the mold by being able to go across those two markets. In terms of the hybrid market, there’s only two other vehicles commercially available, from SRS and Saab.

Our product is lower cost in the ROV market. Our value proposition is to provide the latest in tech and functionality at a price point that’s affordable.

Who are your target customers?

DT: We have multiple products. We go across a few markets. For the Endura ROV—aquaculture, infrastructure inspection, imaging generation markets, hydrogeneration, oil and gas. For the hybrid—hydrographic survey, the military and government, environmental monitoring and research.

The remote control capability will open up opportunities we haven’t seen in the past. Quite often, you have to have all experts present on a mission. This virtual presence allows you to have expertise available during remote vehicle operations.

What is the focus on the engineering side?

JN: We’re pushing on that hybrid front. We’ve been pushing tremendously. You’ll see very exciting things coming up. We’re working on Internet of Things and cloud computing.

We’ve seen some holes in the market we can address with our product line. You don’t see people taking off-the-shelf tech that exists and providing a framework that works with these components.

Cybersecurity is a big issue in the industry. How are you dealing with it?

DT: Internet of Things, remote control, remote viewing, these are based on cloud computing. The whole system is very secure. The data is only available to you. Security is in place to avoid rogue control. We use the Amazon cloud as our backbone for our services throughout the world.

What can we expect from Aquabotix in the next 6 months to a year?

DT and JN: There is a place for Web-based and cloud-based tech and a place for the hybrid. We’re going to do more exciting things with the hybrid. Autonomy is big—connectivity and intelligent behavior and autonomy, the availability of sensors, from low cost to high precision. You’ll see more intelligent behavior, connectivity through cloud computing and better sensors to gather data.

─Interview by Aileen Torres-Bennett

Sea Technology and IOSTIA Partner to Assist Blue Tech

 

The International Ocean Science and Technology Industry Association (IOSTIA) is a new 501(c)(6) industry association representing businesses that provide technology and services for sectors that sustainably and commercially utilize the oceans.

IOSTIA entered a partnership with Sea Technology magazine to assist blue tech companies by providing information on products and advancements and contributing to IOSTIA’s Small Business Advantage Program, a membership service aimed helping new and small businesses grow.

Registration is Open for the Teledyne Marine Technology Workshop

 

This three-day workshop held October 15-18, 2017 at Catamaran Resort in San Diego, California is preceded by a full day of networking opportunities and includes customer presentations, product and software training, field service meetings, networking opportunities and on-water demonstrations provided by Teledyne Marine’s top-tier oceanographic manufacturers.

Products include ADCPs, CTDs, DVLs, imaging and mapping sonar and software, motion sensors, navigation systems, AUVs, ROVs, lights, cameras, modems, gliders, surface vehicles, interconnect solutions and other marine technologies.

Morning sessions are comprised of four concurrent tracks dedicated to presentations given by Teledyne users from around the globe sharing their experiences, challenges and solutions using Teledyne products in a wide array of application areas including offshore energy, oceanographic research, hydrography, security and defense, civil engineering, river and stream monitoring and aquaculture and fisheries.

Learn more and register for the event online: www.teledynemarine.com/events/teledyne-marine-technology-workshop-2017

Read Teledyne’s “13 Reasons Why You Should Attend the Teledyne Marine Technology Workshop.”