Company Research Report: Blue Ocean Gear Inc.

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Company Overview

• Name: Blue Ocean Gear Inc.

• Mission: Blue Ocean Gear Inc. is committed to supporting ocean-based businesses, communities, and ecosystem health through the practical application of technology. Their ultimate stakeholder is the ocean, and they prioritize sustainability in their business decisions.

• Founded: The company's initiative began in 2016, initially driven by the need to develop modern tracking solutions for the fishing industry.

• Key People: No specific key personnel are mentioned.

• Headquarters: 440 Coloma St., Sausalito, CA 94965, USA.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: The company is known for its Smart Buoys, which provide real-time tracking and monitoring of fishing gear, designed to improve efficiency and reduce gear loss in the fishing industry.

Products

Smart Buoys

• Description: The Smart Buoy technology is a robust solution designed for demanding fishing environments. These buoys offer real-time connectivity for tracking the location and movement of fishing gear.

• Key Features:

• Data transmission via satellite and radio.

• Dual-band communication linking vessels and the cloud.

• Real-time GPS for rapid recovery of gear.

• Compatible with a wide range of fishing gear, including traps, longlines, and gillnets.

• No manual on/off switch; equipped with an automatic water-activated sensor.

Smart Charger

• Description: A wireless charging solution specifically designed to serve fishermen, providing a quick and convenient method to recharge Smart Buoys.

• Key Features:

• Supports rigged buoys.

• Battery life spans up to 6 months, with an 8-hour charging time.

Software Solutions

• Description: Offers an integrated software solution allowing users to monitor and track gear using various devices.

• Key Features:

• Plotter Integration: Sends Smart Buoy data directly to onboard plotters.

• Mobile App: Provides real-time updates on gear location and status.

• PC Data Portal (BlueVue): Offers dynamic access to buoy networks and historical data analysis.

Recent Developments

• Recent Product Launches: The company launched its first commercial product in early 2021. Since then, they have expanded and refined their product suite.

• New Features: Continued improvements on their Smart Buoys have been integrated based on user feedback, although specific new feature details are not provided.

• Partnerships: They have collaborated with organizations like the Global Ghost Gear Initiative and have worked with entities such as NOAA and lobstermen to develop sustainable and whale-friendly fishing gear.

Impact and Sustainability Initiatives

• Ocean Stewardship: Blue Ocean Gear Inc. advocates for ocean stewardship by reducing ocean plastic pollution and bycatch. Their technology aims to minimize gear loss, subsequently decreasing environmental impact.

• Greenhouse Gas Reduction: By improving the efficiency of fishing operations and reducing time spent on the water, their technology indirectly contributes to significant fuel savings and CO2 reduction.

• Sustainable Fishing Communities: The company supports sustainable fishing practices globally, enhancing fishery operations and contributing to environmental conservation efforts.

For inquiries and further information, Blue Ocean Gear Inc. can be contacted at +1 415 729-9231 or via email at info@blueoceangear.com.