Antares Ventures co-led a CA$2.8 million investment in Open Ocean Robotics, aiming to enhance sustainable ocean monitoring in Southeast Asia.

Information on the Target

Open Ocean Robotics (OOR) is a Canadian maritime robotics and artificial intelligence company dedicated to revolutionizing ocean monitoring. The company has developed innovative solutions that leverage uncrewed surface vehicles (USVs) powered by solar energy, facilitating sustainable and efficient data collection over extended periods at sea.

The traditional methods of ocean monitoring—using fixed land assets, satellites, manned ships, or aircraft—are often costly, labor-intensive, and environmentally harmful. OOR's approach offers a more responsible alternative, as its USVs can operate independently for months, gathering vital environmental data while minimizing greenhouse gas emissions and the risk of pollution.

Industry Overview in Southeast Asia

The maritime industry in Southeast Asia is characterized by its vast expanse, featuring a coastline that stretches approximately 173,000 kilometers and a sea surface area of around 9 million square kilometers. This region i