Posts Tagged ‘OTAQ’
Avie-more than ever
The political weather might be stormy, but the Highland weather was kind for Aquaculture UK. Robert Outram reports.
Read MoreEarly warning for harmful plankton
Following the successful launch of the Live Plankton Analysis System (LPAS) at the recent Aquaculture UK exhibition in Aviemore, OTAQ have received huge interest from the industry, appreciating the value that LPAS provides in combatting the rising threat of harmful algae blooms (‘HABs’).
Read MoreOTAQ looks to raise up to £2m in loan capital
Marine technology business OTAQ is planning to raise between £1.5m and £2m through an issue of convertible loan notes. The announcement comes alongside the company’s latest trading update, which reports an “encouraging” first quarter for 2024.
Read MoreRevolutionising aquaculture safety
OTAQ introduces LPAS to combat harmful algae blooms: a game-changer in aquaculture monitoring Within the aquaculture industry there are increasingly frequent reports of Harmful Algal Blooms (HABS) being responsible for devastating fish kill events, in some cases with a single event wiping out an entire farm’s stock. In order to mitigate this, farms have been…
Read MoreOTAQ reports revenues ‘better than expected’
Marine technology business OTAQ plc expects to report better than expected revenues of around £4.4m for 2023, up from £4m in the previous year. In a trading update ahead of final results for the year to 31 December 2023, OTAQ said performance in the second half of the year has been stronger than the directors…
Read MoreOTAQ sees revenue, profits up in H2 2020
Marine technology group OTAQ has reported growth in both revenue and profits for the half-year ending 30 September 2020. The group saw revenue up 16 per cent to £2.03 million and gross profit up 13 per cent to £1.14 million. Adjusted EBITDA was £0.39m (up 22 per cent on H2 2019). The interim figures do…
Read MoreOTAQ acquires ROS Technology, hires founder
Marine technology business OTAQ has acquired electronic systems design business ROS Technology for £300,000. Founded and managed by Dr Peter Robinson, ROS Technology is an innovative technology business which specialises in electronics and mechanical design in multiple industries including aquaculture and offshore. Dr Robinson will join OTAQ as part of the deal, with responsibility for…
Read MoreUnderwater revolution
OTAQ Casts its net into new tech waters Technology has revolutionised fish farming in recent years with developments making it easier for the industry to implement a more efficient and environmentally sound approach. Leading that revolution with flag firmly in hand is underwater technology specialists, OTAQ Group. OTAQ designs, develops and supports marine technology products…
Read MoreOTAQ wins contract to supply Unique Maritime Group with seabed landers
Marine technology company OTAQ Offshore has announced an exclusive supply agreement with subsea operator Unique Group, to provide a number of seabed landers. Aberdeen OTAQ Offshore, a subsidiary of OTAQ PLC, will design and build the observation platforms in collaboration with Unique Group. Seabed lander systems are commonly used to record physical, chemical and biological…
Read MoreAlgae early warning system ‘boost for farmers’
AN early warning system to detect harmful plankton and algae is being developed in Scotland to help tackle one of the biggest challenges to fish health. A consortium – including technology company Otaq, the University of Aberdeen, SAIC (Scottish Aquaculture Innovation Centre), and Scottish Internet of Things centre CENSIS – is creating a low-cost sensor…
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