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Wavebob Awarded 'Smartbay Innovator of the Year' Award

3rd July 2012
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Wavebob Awarded 'Smartbay Innovator of the Year' Award

#marinescience – Wavebob was recognised as one of Ireland's leading engineering and research companies today when they were awarded the SmartBay Innovator of the Year Award. Wavebob was recognised for innovation, engineering and leadership in the emerging wave energy market.

Four additional companies were also recognised for their contribution to innovation and research by leading International Companies. IBM presented an award to SonarSim Ltd; Intel presented an award to Episensor; Veolia presented to Techworks Marine Ltd.; and Microsoft presented an award to IDS Monitoring Ltd., all members of the SmartOcean innovation cluster.

Andrew Parish, CEO of Wavebob said, 'We are delighted to receive this award – it is great recognition from a cluster of companies all working together in the pursuit of commercial opportunities in the marine sector. We have benefited from being part of the SmartOcean innovation cluster through access to world class skill-sets and technology which co-exist in the SME and multinational companies in the cluster. This approach is directly in line with Wavebob's strategy of working with strategic partners."

The awards were announced following the Inaugural SmartOcean Innovation Exchange, as part of the SmartOcean Conference. Sponsored by SmartBay Ireland Ltd, the event was hosted at the Ocean Wealth Pavilion of the Volvo-Global Business Village.

The Innovation Exchange event was designed to support companies to profile their new technologies that address market opportunities in the global marine sector. In total, 22 Companies were recognised by SmartBay Ireland and received the SmartBay Innovator Award. A number of International companies also participated reinforcing the links between the SmartOcean Cluster and related Clusters in Europe and Canada.

Speaking at the event Mike Devane, Chairman of SmartBay Ireland Ltd., said 'This event demonstrates, in the most practical way, how collaboration within a Cluster can help smaller companies gain access to technology and markets through the support of leading Multi Nationals'.

Dr Peter Heffernan, CEO Marine Institute said "We are delighted to be involved in this event supporting small and medium business to develop innovative solutions for the marine sectors. It's great to see 22 Irish and International companies showcasing their innovations and working with multinationals and the research community to examine how we can use technology to make the most of our marine resources."

Published in Marine Science
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Marine Science Perhaps it is the work of the Irish research vessel RV Celtic Explorer out in the Atlantic Ocean that best highlights the essential nature of marine research, development and sustainable management, through which Ireland is developing a strong and well-deserved reputation as an emerging centre of excellence. From Wavebob Ocean energy technology to aquaculture to weather buoys and oil exploration these pages document the work of Irish marine science and how Irish scientists have secured prominent roles in many European and international marine science bodies.

 

At A Glance – Ocean Facts

  • 71% of the earth’s surface is covered by the ocean
  • The ocean is responsible for the water cycle, which affects our weather
  • The ocean absorbs 30% of the carbon dioxide added to the atmosphere by human activity
  • The real map of Ireland has a seabed territory ten times the size of its land area
  • The ocean is the support system of our planet.
  • Over half of the oxygen we breathe was produced in the ocean
  • The global market for seaweed is valued at approximately €5.4 billion
  • · Coral reefs are among the oldest ecosystems in the world — at 230 million years
  • 1.9 million people live within 5km of the coast in Ireland
  • Ocean waters hold nearly 20 million tons of gold. If we could mine all of the gold from the ocean, we would have enough to give every person on earth 9lbs of the precious metal!
  • Aquaculture is the fastest growing food sector in the world – Ireland is ranked 7th largest aquaculture producer in the EU
  • The Atlantic Ocean is the second largest ocean in the world, covering 20% of the earth’s surface. Out of all the oceans, the Atlantic Ocean is the saltiest
  • The Pacific Ocean is the largest ocean in the world. It’s bigger than all the continents put together
  • Ireland is surrounded by some of the most productive fishing grounds in Europe, with Irish commercial fish landings worth around €200 million annually
  • 97% of the earth’s water is in the ocean
  • The ocean provides the greatest amount of the world’s protein consumed by humans
  • Plastic affects 700 species in the oceans from plankton to whales.
  • Only 10% of the oceans have been explored.
  • 8 million tonnes of plastic enter the ocean each year, equal to dumping a garbage truck of plastic into the ocean every minute.
  • 12 humans have walked on the moon but only 3 humans have been to the deepest part of the ocean.

(Ref: Marine Institute)

At A Glance – Figaro Race

  • It starts in June or July from a French port.
  • The race is split into four stages varying from year to year, from the length of the French coast and making up a total of around 1,500 to 2,000 nautical miles (1,700 to 2,300 mi; 2,800 to 3,700 km) on average.
  • Over the years the race has lasted between 10 and 13 days at sea.
  • The competitor is alone in the boat, participation is mixed.
  • Since 1990, all boats are of one design.

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