Commercial opportunity for laser depth resolved remote sound velocity profiling and water chemistry analysis
The SearchLite recently completed a Market Discovery Challenge to understand the commercial potential of an oceanographic laser sensor being developed to aid sonar measurements with depth resolved speed of sound measurements. The instrument can be configured to make additional measurements of parameters including ocean temperature, water flow speeds, salinity, dissolved oxygen, chlorophyll biomass, dissolved organic matter classification phosphate and nitrates. The instrument is intended to be installed on a ship, buoy or possibly aircraft for capturing continuous, real time measurements. The scope of the study included 15 industry expert interviews, extensive secondary research and final report synthesis and analysis to inform a Phase II SBIR proposal.
Based on the key findings, The SearchLite discovered that there is a high demand within the Oceanographic and Water Management markets for both remote sound velocity profiling and remote water chemistry analysis. However there are several barriers to overcome to address the commercial applications within these markets. Two of the most significant barriers are likely to be the high cost of the instrument and the qualification/acceptance of its performance. Cost is a concern since the initial instrument in low volumes may cost 10x what is currently typically paid for high end hydrographic or water measurement instruments. Performance is a concern since the technique is new and there are many variables that can affect performance.
This report is being provided as an exclusive courtesy to the industry experts who volunteered their time to speak with The SearchLite directly and offered their perspectives on emerging trends, challenges and opportunities. We hope that you find the report useful and want to extend our thanks to all who generously donated their time and expertise.
If you have any questions or further comments on the report, we would like to hear from you. You can leave a comment and/or direct an inquiry to:
Founder, The SearchLite
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