Halifax, NS, June 5, 2020 – Open Ocean Robotics, an ocean robotics company developing data analytics solutions for ocean industries, researchers and governments, announced their graduation from the 2019/2020 Oceans stream of the Creative Destruction Lab (CDL). Open Ocean Robotics develops solar powered autonomous boats that are equipped with oceanographic and environmental sensors to collect real-time information for months at a time. Very much like satellites for the sea, they are bringing IoT technology to the ocean, helping build a digital ocean. Their first application in seafloor mapping completed a successful pilot and now they are working with the Department of Fisheries and Oceans for ocean data collection.
After being selected for the CDL-Atlantic program from over 100 applicant companies in September 2019, Open Ocean Robotics is among 13 ventures in the latest cohort to graduate. “Ventures like Open Ocean Robotics are scaling to take advantage of new opportunities at the convergence of ocean data and sustainability. We look forward to seeing their continued success as we begin to launch our first full cohort of CDL Oceans this year,” said Jeff Larson, CDL-Atlantic Site Lead.
“CDL has played a transformative role in helping us better position ourselves for rapid growth and commercial success,” said Julie Angus, Open Ocean Robotics’ CEO & Co-Founder. “The mentors, advisors and investors involved in the Ocean stream brought highly relevant expertise that strengthened our technology development.” said Colin Angus, Open Ocean Robotics’ CTO & Co-Founder.
After completing CDL, Open Ocean Robotics is expanding upon the success that they have achieved. “We are rapidly developing our technology so that it can be deployed to customers and focusing on meeting the specific needs ocean industries have to enable them to operate more affordably, safely and sustainably,” said Julie.
Creative Destruction Lab (CDL) is a nonprofit organization that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies. Its nine-month program allows founders to learn from experienced entrepreneurs, increasing their likelihood of success.
Founded in 2012 by Professor Ajay Agrawal at the University of Toronto’s Rotman School of Management, the program has expanded to eight sites across four countries: Oxford (Saïd Business School, University of Oxford), Paris (HEC Paris), Atlanta (Scheller College of Business, Georgia Institute of Technology), Vancouver (Sauder School of Business, University of British Columbia), Montreal (HEC Montréal), Calgary (Haskayne School of Business, University of Calgary), and Halifax (Rowe School of Business, Dalhousie University).
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