We are very pleased with this agreement and milestone that gives us freedom to first line operation of satellite communication.

The purpose of this installation is a safety surveillance system developed by Innomar, Fishfarm Position Survey System that will give you information of any movement of the fishfarm as a result of bad weather condition or slack in mooring / anchor systems.

Handelens miljøfond is Norway’s largest private environmental fund.

Innomar received support from Innovation Norway and “Blå Vekst” Agder (county) for development of handling unit for fishing traps.

Innomar recently closed a late seed round of 21 mnok where dedicated long term investors joined in in this round.