As the global aquaculture market expands to $200 billion, scientific data will become essential for securing regulatory permits. Coastal nations across the globe are imposing stringent regulations for offshore aquaculture development and will be looking to California as the gold standard for best practices.
Catalina Sea Ranch has a “First Mover Advantage” for developing future responsible regulatory standards. It has developed an innovative platform to both exceed expectations of regulators for environmental monitoring and developing commercial products and services for various ocean sectors. It is leveraging its unique assets (aquaculture permit, research vessel, and NOMAD buoy) to develop a distinctive, one of a kind, Ocean Internet of Things™ Platform.
This platform brings together inventors, scientists, researchers, and corporations with multi-disciplinary perspectives of the marine environment to advance ocean research and develop disruptive products and services. The Ocean Internet of Things™ Platform provides technology partners with a unique test-bed for demonstrating their innovations in a connected real world marine ecosystem environment. Partners will be able to integrate their technology into real world systems, remotely collaborating with industry stakeholders to understand the technical challenges, scalability, interoperability, and potential market opportunities for their products.
Aquaculture husbandry metadata and analytics for predicting and producing higher yields will become extremely valuable and provide a competitive economic advantage. Because the aquaculture sector is young as compared with agriculture, it offers greater scope for higher crop yields from husbandry innovations.