Periodic Reporting for period 1 - SUNFISH (Disruptive concept and technology for sustainable fisheries)
Reporting period: 2020-09-01 to 2021-08-31
o Bottom trawling destroys or damage the seafloor habitats, by dragging large heavy nets or other fishing gears across the seafloor, scooping up everything in its path, like centuries-old corals
o Bycatch, or the catch of non-target ocean wildlife, is a consequence of most of current fishing methods and is one of the largest threats to marine ecosystems. It is estimated that 40% of fish catch worldwide is unintentionally caught and is partly thrown back into the sea, either dead or dying
o Abandoned, lost, or otherwise discarded fishing gears creates two additional problems for marine ecosystems and biodiversity: ghost fishing and plastic pollution
o Plastic waste resulting from abandoned, lost or otherwise discarded fishing gears are the main source marine environment pollution, being estimated that as much as 70% (by weight) of microplastics (above 20cm) found floating on the surface of the ocean was fishing related
o In wild capture fisheries, fish are often chased to exhaustion, crushed and raised quickly to air pressure. Fishing practices can also affect fishes that encounter the fishing gear but escape, that take with them injuries that might slowly kill them
o Fishing accounts for 1.2 % of global oil consumption. The energy content of the fuel burned is more than 12 times that of the resulting catch. Thus, it is needed a more efficient and sustainable approach that allows reducing fuel consumption not only by avoiding inefficient trips to the sea, but also by its nature
The overall objective for the company is to is to develop a disruptive and sustainable fishing concept called InnoCatch which helps to solve the above problems within today’s fisheries. The concept is a combination of method and equipment and consists of the four main components:
1. A proprietary trap-technology, with ground-breaking features and innovative design allowing the traps to be much bigger and still highly collapsible and stackable. These capacities allow for higher catch each trap and a higher number of traps each fishing vessel. This passive method limits seabed destruction and loss of fishing gear.
2. A smart buoy (on the surface) with sensors to define geo position, receive signals from the transducer (subsea) below, measuring biomass in the trap in real-time and identification of gear and fisherman owning it. Used in a responsible manner, the sensor system will be an important device for the mitigation of plastic pollution and ghost fishing.
3. Light attractant attracts krill, copepods and other creatures that is natural pray for fish.
4. Software solution with both front-end for the fishermen and back-end for storage and further analysis of big data. The fishermen will have continuous information about the trap and catch which help them to maximize their ecological and economic efficiency. The position monitoring will further prevent loss of fishing gear. The software will also facilitate for monitoring and surveillance of all gear connected to the platform, which can be of interest also to regulators and other stakeholders interested in such data.
Limited communication due to protection of the technology at early stage. On 20th of June 2021, we had a demo of our SW and potential to monitor, surveil and control users of our smart buoys to the Norwegian Directorate of Fisheries.
Our plans this quarter is to visit the parliament in EU via an event hosted for Innomar by the European Bureau for Conservation and development. The event is planned to be in week 45 (to be confirmed) and Member of the European parliament, MS. Carvalho, Vice-Chair of PECH Committee has accepted the invitation to host a 2-hour event for Innomar to disseminate its tech, business and sustainable fisheries and ocean focus, under the topic, “Climate Change, Biodiversity and Sustainable Development”. Other speakers will be invited to participate in the session.
National Geographic has a team coming over to Norway Q4 2021 to film our achievement and technology for the tv channel, focusing on how players like Innomar are making positive innovations that can help mitigating ghost fishing and making fishing more sustainable.
Early stage with limited outreach to some European countries, Greenland and Canada. Entering into a distribution agreement with OK Marine (daughter company of the international Egersund Group) is in the final stages. This agreement will be a huge market credit and better the position for EU and our global outreach and expansion.
Recent testing of transducer and camera in cooperation with partner Kongsberg has been carried out. Tests were successful and an important milestone was reached by sending eccograms and live pictures in real time wirelessly through the water column.
Smart buoys, a major part of the system and also a “stand alone” product, has successfully been tested and design for the first production batch is ready. The smart buoy gives real-time geo position, who is owning the buoy and the type of fishing gear is connected in the other end.
First version of software ready for testing and a solid platform for data harvesting is operative. Demo for the Norwegian Directorate of Fisheries has been held with positive feedback.
The development of the smart buoys has been developed further and they are now a stand-alone/spin-off product and still remaining a vital part of the total InnoCatch system. With a breakthrough in the market, the distribution of smart buoys for existing fishing gear as well, the company may have increased impact on the protection of the environment. Norway has also announced mandatory use of digital identification of fishing activities from 2023. We expect and understand that similar measures to also happen in other jurisdictions. This mandatory identification can be done automatically by the Innomar smart buoys.
Presently the expected results until the end of the project and potential impact are as follows:
- Groundbreaking technology for transmission of colored pictures wireless from trap to buoy
- Groundbreaking smart buoys for tracking position and recovery of lost fishing gear
- Innovative and advanced software solutions
- Big data gathering for research and environmental surveillance