UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) today introduced Live Remote Viewing, a new product feature that enables real-time underwater viewing and connectivity between Aquabotix’s products and remote customers via the cloud.
Live Remote Viewing, designed specifically for Aquabotix’s Endura ROV (remotely operated vehicle) and AquaLens Connect (networked underwater camera system), utilizes remote diagnostics to allow off-site customers to monitor multiple inspections, operations and explorations from a single platform in real time.
“The Internet of Things (IoT) is changing the way our world communicates and interacts, and we believe that same concept should apply under the water,” said Durval Tavares, Aquabotix’s CEO. “We’re helping to address our customers’ pain points by transforming a previously singular, disconnected entity into one where multiple underwater technologies can work together on the one platform. Utilizing the IoT to produce the world’s only digital inspection-class ROV platform, we are confident Live Remote Viewing will be a game changer in the world of underwater robotics and the start of many future cloud-driven innovations for Aquabotix.”
The Live Remote Viewing product feature is designed for use across a wide range of industries, including aquaculture and infrastructure. For the aquaculture industry in particular, which continues to grow exponentially, the feature will enable higher quality, more cost-effective inspections of fish farms. Customers will now have access to continuous live feeds from the Endura ROV that can monitor the condition of the fish and nets, inspect moorings and assess feeding habits to prevent overfeeding.
Live Remote Viewing is now available to all Aquabotix customers. Current customers will not receive an upcharge to utilize Live Remote Viewing, but are required to register an account with Aquabotix to access live, secure feeds through the feature.
For more information about Live Remote Viewing and other Aquabotix’s products, please visit www.aquabotix.com.
Tel: +1 617-275-6522
This past week, Durval Tavares, Aquabotix CEO, was interviewed by the Bloomberg Baystate Business Hour with Boston Bureau Chief Tom Moroney and Radio News Anchor Anne Mostue. Bloomberg Radio provides up-to-date news on business and the financial markets to people all over the world. Listen to learn more about Aquabotix solutions, our IPO and recent growth.
Water storage tanks are everywhere. Drive through any small town and you’ll see water towers dotting the landscape. Fly above any city and you’ll see water tanks on top of every skyscraper. We use an incredible amount of potable water. In fact, the US Geological Survey (USGS) estimates that on average, every American uses between 80-100 gallons of water per day, and an estimated 86% of the US population has access to public water. With so much infrastructure dedicated to providing a safe and constant supply of municipal water, it should come as no surprise that water tank inspectors are in high demand to keep our cities and towns running. Traditionally this meant sending divers for a dunk in your drinking water, however, inspection-class remotely operated vehicles (ROVs) are a great (and safe) alternative for potable water tank inspections.
Inspecting Water Tanks with ROVs:
When it comes time to clean, inspect or repair a water tank, it can be accomplished in two ways: with or without water. Tank inspectors and plant supervisors often prefer inspections and repairs to be completed while the tank is still full and operational. Draining a water tank is expensive, time consuming and wasteful. Draining also comes with the added risk of causing stress damage to the water tank, and leaves residents and businesses without water.
To do their job, tank inspectors must climb to the top of a water tower with all of their gear in tow, suit up in dive gear, and then squeeze down a port hole barely big enough to fit through to reach the subject of interest: our water. It’s easy to see why packing a small, portable ROV to drop into the tank can often be an easier and safer alternative. ROVs that run on internal DC battery power are the vehicles of choice for water tank inspection, because it means no generators or power cords need to be run to the top of the tank.
A live video feed is critical to quickly inspecting and documenting potential problems within a potable water tank. Problem areas such as welded seams, bolts, pipes, and gaskets can be checked for signs of corrosion. Lateral thrusters on an ROV allow an operator to move sideways along a horizontal seam or row of bolts for a thorough inspection. An ultrasonic thickness gauge, a form of underwater non-destructive testing equipment (NDT) is often mounted to an ROV, allowing an inspector to check the thickness of tank walls without harming the metal or metal coatings. Routine inspections and preventative maintenance are important steps to providing uninterrupted water service to nearby residents and businesses.
All water tanks will naturally collect sediment over time. As this sediment builds up, it must be periodically cleaned, similar to the bottom of a pool. This often involves sending a diver into the depths of a dark water tank with a large vacuum hose. The high intensity lights and high resolution camera on an ROV provide a good look at the bottom of the tank before and during sediment removal. Some underwater robots are even designed to aid in the cleaning process directly, further reducing the risks involved with prolonged dives.
Water tank inspectors are just a few of the unsung heroes who keep our country running. They risk their lives every day doing a job most people don’t even know exists. By using inspection-class ROVs, tank inspectors can stay a little bit safer while keeping our water clean and flowing.
Aquabotix Technology Corporation appoints Derek Daly as Chief Operating Officer. An important step in building out Aquabotix’s leadership team following its IPO. UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) is pleased to announce the appointment of Derek Daly to the position of Chief Operating Officer (“COO”) of its U.S. subsidiary, Aquabotix Technology Corporation. Mr. Daly will be based in the Massachusetts office and his duties include overseeing all facets of the engineering, development and manufacturing functions.
Mr. Daly is an unmanned systems, robotics and automation specialist with over 30 years’ experience in the defense and commercial sectors. Most recently Mr. Daly was President and COO at Comark LLC, a defense facing ruggedized industrial computer manufacturer. Previously, he served as Vice President (Land Systems) at QinetiQ North America, a division of QinetiQ Group Plc (LSE:QQ.) (“QinetiQ”) and Group Director Unmanned Systems at Foster-Miller, which was acquired by QinetiQ. QinetiQ is a London Stock Exchange-listed science and engineering company with a primary focus on defense and security and an approximately A$2.7 billion market capitalization. Mr. Daly’s responsibilities at the approximately US$100 million Land Systems division included multi-site responsibility for a staff of approximately 60 engineers, sales, business development and program management personnel.
Mr. Daly received a Bachelor of Mechanical Engineering Technology, magna cum laude, from Northeastern University, Boston, and spent his early career at Northrop Grumman Corp. and American Semiconductor.
Peter James, Aquabotix’s Chairman, commented “Mr. Daly’s appointment brings substantial operational expertise to this business, and adds to Aquabotix’s ability to deliver vehicles in commercial quantities. We look forward to being able to draw on his experience in developing and manufacturing robotics to the defense sector and driving large-scale projects.”
We are happy to announce that this week, Aquabotix CEO Durval Tavares will be speaking at Liveworx, the premiere global technology conference and marketplace hosted by Boston-based PTC. Liveworx is being held at the Boston Conference & Exhibition Center from May 23-24 in Boston, MA. Mr. Tavares will join a panel of industry experts including Bob Treiber II, Co-founder and President of Boston Engineering as well as Katie Stebbins, Assistant Secretary of Technology and Entrepreneurship, EOHED, Commonwealth of MA. The session is titled “Growing the Massachusetts Robotics Landscape” and is scheduled to occur on Wednesday, May 24 from 10:15-11:00 AM EST.
The session details read as follows:
Massachusetts counts itself as one of the premier robotics clusters in the world. More than 120 robotics companies call Massachusetts home, and there are no signs of that number slowing down. This session will explore why Massachusetts is a great ecosystem for the robotics industry and the variables of running a business in the Commonwealth. CEOs will share their experiences and strategies in staffing and manufacturing in Massachusetts.
Aquabotix is proud to be located in Massachusetts, the hub for technology and robotics innovations on the east coast. Mr. Tavares will share his story about founding the company, its evolution, and its proximity to so many other talented robotics companies. To learn more about Aquabotix visit us here. To learn more about attending Liveworx, watch the video below, and visit here.
At the end of April, UUV Aquabotix Ltd., listed on the Australian Stock Exchange (ASX). Aquabotix is proud be the first underwater drone publicly-traded company globally. Watch the video below to hear comments from that day by both Peter James, Chairman of the Board, and Brendan Martin, CFO.
Aquabotix is pleased to announce our inclusion in a “Top 3” list of recent hot IPOs to hit the ASX (Australian Stock Exchange) boards. The Motley Fool, an investment website which helps the world invest better, posted the article on May 10, 2017. Go here to read the full article from The Motley Fool, or read the excerpt below:
UUV Aquabotix Ltd (ASX: UUV)
This exciting underwater robotics company landed on the Australian share market at the end of April. It manufactures commercial and industrial grade unmanned underwater vehicles (UUVs), as well as commercial and industrial grade networked underwater cameras. Just like regular aerial drones, there seems to be endless uses for UUVs. Defense, law enforcement, aquaculture, and pipeline inspection are just a few of the markets that Aquabotix has its eye on. I believe a recent order from the U.S. Navy validates the quality of the product, giving me the belief that this could be a company with a very bright future.
Sydney, Australia and Fall River, Massachusetts, United States – May 12, 2017 – UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) is pleased to announce that it was recently selected for, and completed, the U.S. BlueTech Trade Mission, a two-week trade mission to four European cities, sponsored by the United States Department of Commerce and hosted by The Maritime Alliance (the TMA). Aquabotix is proud to be selected out of many applicants to join this first-ever U.S. Maritime Technology Export Initiative. The export initiative is a three-year collaboration with the United States International Trade Administration to increase exports among U.S. maritime technology companies. The “Blue” in BlueTech refers to the ocean-based technologies which are having a significant impact on the ocean economy. The goal of the Trade Mission was to connect businesses with new opportunities and to increase total new exports of Blue Technology. Aquabotix’s CEO, Durval Tavares, was in attendance for the duration of the Trade Mission.
The BlueTech Trade Mission made its first stop in Southampton, UK, where Aquabotix participated in the Ocean Business trade show on April 4-6, 2017. Aquabotix CEO Durval Tavares said of the tradeshow: “Everybody in the underwater vehicle space was there, including Teledyne, Saab and Kongsberg. Aquabotix was one of only two Hybrid Unmanned Underwater Vehicles (UUVs) displayed. Potential customers really appreciated the flexibility of having direct control as well as autonomy to run additional missions without buying more hardware.”
Week two of the BlueTech Trade Mission included a series of presentations and meetings in Copenhagen, Denmark; Hamburg, Germany; and Rotterdam, The Netherlands. Each meeting focused on different aspects of collaboration, distribution and export with potential technology partners.
Aquabotix is committed to growing its network of international partnerships through programs like the U.S. BlueTech Trade Mission. The experience and the connections created during the Trade Mission have opened doors to new business opportunities at home and abroad.
Based in Sydney and Fall River, Massachusetts, Aquabotix is an established underwater robotics company which manufactures and sells commercial and industrial-grade underwater drones and networked underwater cameras for commercial, high-end consumer and military applications. It is also one of very few companies worldwide offering commercially-available hybrid underwater drones, which are capable of both autonomous and remote operation. The Company owns the intellectual property in a range of unmanned underwater vehicles and underwater camera products and is an early-mover in a nascent industry. Aquabotix is the only publicly listed underwater drone company on any exchange.
Media Contact: Dawn Doraz, VP Marketing
email@example.com, +1 508 676 1000
Global demand for protein-rich foods on the rise, and aquaculture has proven to be a successful way to feed the world’s population growth. The output of the global cultivation of fish has, for the first time, reportedly overtaken that of wild caught fisheries, according to the Food and Agriculture Organization of the United Nations (FAO) 2016 Report. The largest advantage of aquaculture is how efficiently fish transform feed into body weight. In fact, farm-raised fish are nearly seven times as efficient as raising beef. For countries with higher rates of food insecurity, aquaculture also provides a new means to meet local demands. It is for these reasons that the aquaculture industry is growing faster than any other food sector. To sustain future growth, the aquaculture industry must continuously innovate better ways to raise, monitor and harvest livestock. Underwater video technology and remotely operated vehicles are leading the way to smarter aquaculture farms.
Photo Credit: Food and Agriculture Organization of the United Nations (FAO)
Remotely Monitoring Cages
Just as farmers tend their flock, fish farmers must monitor the conditions inside their fish pens at all times. Poor weather conditions, predators, parasites, disease and damaged nets all pose constant threats to profitability. Underwater cameras have come a long way in recent years. Fish farmers now have the ability to deploy networks of high definition, pan and tilt, underwater cameras across their facilities to continuously monitor every fish cage for signs of trouble. Underwater cameras can also be controlled remotely from a laptop or phone, giving fish farmers a 24/7 view of their facilities from anywhere.
With potentially hundreds of cages to inspect, fish farmers require a quick, low cost alternative to sending divers into the water. Using a remotely operated vehicle (ROV), inspectors can check each net for holes which need repair, while also getting a closer look at the health of their livestock. The versatility and maneuverability of an inspection class ROV allows a single operator to efficiently inspect and upkeep each aquaculture pen. Below is a video demonstrating how an ROV can be deployed inside an aquaculture pen for inspection of nets and livestock.
Underwater Sensors to Monitor Water Conditions
Video isn’t always enough. The successful growth and operation of an aquaculture facility is driven by data. ROVs built for aquaculture have a variety of sensors designed to capture these data points and keep fish farmers informed. Using a laser scaler, an ROV can accurately measure the length of a fish and determine how close to harvest size they are. Monitoring water quality is critical when large volumes of fish are kept in close proximity. ROVs outfitted with probes to measure temperature, pH and dissolved oxygen can quickly determine if water quality is stable, or in decline.
The goal of aquaculture is to maximize the harvest of fish while minimizing the impact on the surrounding environment and wild populations. By using technology like underwater cameras and ROVs, fish farmers are able to monitor their operation and grow to meet the demands of our world.
Offshore mining platform. Photo credit: Nautilus Minerals
When most people think of mining they imagine terrestrial mining operations consisting of earth moving machines designed to dig down to bedrock to extract gold, coal, or diamonds. Offshore mining, also called Deep Sea Mining, is a rather new method of extracting precious materials from the ocean floor. Raw materials present on the sea floor include gold, silver, copper, cobalt, zinc and diamonds and are often found in concentrations much higher than those found on land. Precious metals and stones are often found near alluvial deposits, volcanic belts and underwater mountains. Until recently, the technology needed to efficiently mine underwater was not available. Mining dredges have been around since the early 1900s, however, the Remotely Operated Vehicles (ROVs) necessary to explore the most valuable underwater claims are a relatively new innovation.
The single largest factor which has held back underwater mining has been the cost of operating an offshore mine. Commissioning a dredge ship, crew, fuel and rolling the dice on mining untested ocean floor is too risky to invest in. But the economics of offshore mining are changing. Rare earth minerals are being consumed at a rapid rate to manufacture devices such as cell phones and solar panels. British scientists recently discovered Tellurium deposits off the coast of the Canary Islands which have concentrations 50,000 times higher than land deposits, according to the BBC. Tellurium is used in the construction of solar panels and semiconductors, and discoveries like this are critical to meet the growing demands in these sectors.
Tropic Seamount with Tellurium deposits. Photo credit: NOC/NERC
The efficiency of offshore mining exploration is improving as well. Prospectors of the 21st century don’t carry a pick-axe or a gold pan, they carry remotely operated vehicles to explore, probe and test sample materials brought back from the depths of the ocean. The more samples that can be collected, the more confident a prospector can be of the density of target minerals. This means that fleets of remotely operated vehicles are needed to pinpoint the richest areas of ocean crust before any mining can occur. The use of on-board cameras, drills, and sample collectors are critical tools to deploy while prospecting. Once an offshore mine is established, inspection class ROVs become an important way to monitor the condition of mining equipment from the safety of the surface.
Offshore mining is still in its infancy, and it’s a highly controversial subject. The ocean belongs to us all, and marine environments can be complex and delicate. We are now presented with a social dilemma: continue to mine on land and strip large areas down to bedrock, or carefully pinpoint the most concentrated marine deposits and do everything possible to minimize environmental impact. Before any mining can occur, environmentally-conscious contracts are signed between miners and the nations or states which own off-shore resource rights.
Offshore mining is the last frontier on Earth for the discovery of rare earth minerals, many of which will be necessary for our transition on to more renewable forms of energy. The more we know about the ocean floor the better prepared we will be to make decisions around the responsible harvest of these raw materials. ROVs are providing the data necessary to open our world to the possibilities of offshore mining.