recent oceantech news
BreatheSuite Launches $1.8M AI project
St. John's-based medtech startup BreatheSuite, which helps people with respiratory problems, is working on a $1.77 million project to use artificial intelligence to operate more efficiently.
The Newfoundland and Labrador government put out a press
Map of NS Coastline Aims To Enhance Public Safety
Technology companies Stellar Futures of Blue Rocks, N.S. and Zimple Consulting SpA of Concepción, Chile, will work together to enhance coastal protection and public warning in emergencies.
The first joint project will build a prototype digital
SeafarerAI to Lead $964K Supercluster Project
SeafarerAI, a young Saint John-area company that uses artificial intelligence to improve port operations, will lead a project supported by Canada’s Ocean Supercluster to use AI in port dredging.
The Supercluster, a federal agency that partners with
GIT Approaches 300 Vessels Coated
When Marcel Gaier commutes to work these days, he often travels via a ferry treated with his own company’s environmentally friendly hull coating.
Gaier is the chief technology officer for GIT Coatings, previously Graphite Innovation and
Ocean Startup Project Seeks Idea Challenge Applicants
The national industry group Ocean Startup Project is looking for applicants to Ocean Idea Challenge, which offers young companies up to $7,000 of funding, as well as training and support services.
The Idea Challenge is a milestone-based accelerator
EmployNXT, qualiTEAS Draw Accelerator Plaudits
Two East Coast businesses, Halifax’s EmployNXT and St. John’s-based qualiTEAS, will participate in events hosted by startup support organizations outside Atlantic Canada in the coming weeks.
EmployNXT, which sells an AI system that matches
Kraken Robotics Raises $17.5M
St. John’s-based Kraken Robotics has announced a $17.5 million equity funding deal with a syndicate of investors led by Toronto’s Cormark Securities, with plans to spend some of the money in expanding its manufacturing capacity and physical capital.
NS Oyster Farm Taps Outside-the-Box Funding Partner
A Nova Scotia oyster farm is retooling its business model with the help of a novel financing method.
Sober Island Oysters is aiming to borrow $100,000 from investors on Goparity Canada, a British Columbia-based impact investing platform that lets
Kraken Posts Record Revenue Once More
For the second quarter in a row, St. John’s-based Kraken Robotics has posted record revenue figures, revealing it brought in $28 million for the three months ended Dec. 31, a 218 percent increase over the same quarter the year prior.
Seventy
CDL Atlantic Open for Applications
Creative Destruction Lab Atlantic is looking for applicants for its two programs for the 2024-2025 season.
The Atlantic Canadian branch of the Toronto-based organization operates two programs each winter: the Prime Stream, which is open to
DOT Moves to Larger Manufacturing Space
Dartmouth Ocean Technologies, or DOT, has moved into new office and manufacturing space on Brownlow Avenue in Dartmouth, as CEO Arnold Furlong looks to scale the company in response to strong demand for its environmental DNA monitoring tech.
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Lab2Market Oceans—Discover Launched
The Ocean Startup Project, along with Dal Innovates and the Transforming Climate Action research program are launching a new opportunity for researchers at Canadian universities called Lab2Market Oceans -- Discover.
The three-day program will help