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Turning research into commerce

An alumnus of Waterloo Engineering who parlayed his graduate research into a startup company that is out to solve worldwide water problems has been. ....

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OTAQ takes a stake in Blue Lion Labs – Fish Farmer Magazine

Marine technology group OTAQ has taken a 10% stake in Blue Lion Labs, a Canadian data management and software company focused on monitoring harmful organisms in water.
OTAQ is investing CAN $300,000 (£175.5m) in the Canadian firm, and has signed cooperation and licensing agreements which will ultimately allow OTAQ to incorporate Blue Lion’s specialty in artificial intelligence technology to analyse plankton monitoring data at fish farms.
The application will combine Blue Lion’s software expertise and OTAQ’s hardware to create an early warning system for detecting harmful phytoplankton, which causes serious losses for aquaculture businesses each year.
The investment agreement, OTAQ says, will build on and accelerate the development of its own plankton/algae bloom early detection system, with a view to achieving commercialisation within the next 18 months. As part of the agreement, OTAQ’s CEO, Phil Newby, will take a seat on the board of Blue Lion and will hel ....

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Investegate |OTAQ PLC Announcements | OTAQ PLC: Investment in AI Business Blue Lion Labs Ltd

OTAQ is a highly innovative marine technology company focused on the marine aquaculture, offshore energy, renewables and oceanographic research sectors. It operates in four worldwide locations: Lancaster, Aberdeen and Ulverston in the UK and Puerto Montt in Chile.

OTAQ s marine technology portfolio includes a market-leading intelligent acoustic deterrent system, Sealfence, designed to protect marine-based aquaculture sites from predation, with multiple systems deployed in Scotland, Chile, Finland and Russia.

The Company s
Oceansense

leak detection systems have a global reputation as the industry standard solution and have been deployed successfully on hundreds of jobs. OTAQ s Dragonfish laser measurement system is fast becoming recognised as one of the most accurate underwater precision laser measurement systems available. OTAQ also has significant experience in the design and m ....

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