Richard Beesley Joins OTAQ as Chief Commercial Officer

7th October 2021

As part of a major commercial expansion strategy, Richard Beesley has been appointed as Chief Commercial Officer, who will join our senior leadership team. 

Richard brings with him over 20 years of knowledge and experience of working in senior leadership roles within offshore energy and marine markets, where he focused on engineered protection solutions, for high value equipment operating in harsh environments. He has a proven track record of strategic business development, having produced and managed multi-million-pound business growth opportunities, in new international markets and adjacent market sectors. Calling upon this experience, Richard will be responsible for delivering OTAQ Group’s substantial commercial development plans across its core markets of aquaculture and offshore.

Phil Newby, CEO at OTAQ Group, says: “Richard’s appointment as CCO comes at a key time for our business. We are expanding our presence in the growing global aquaculture and offshore markets by offering unique marine technologies and required an experienced, high performing individual to help drive our plans forward. With Richard’s demonstrated success of global business growth initiatives in offshore markets, he fits nicely into our senior team and we are very pleased to have him onboard.”

Richard will be based out of OTAQ’s Lancaster office and will work closely with the other existing sites in Aberdeen, Ulverston, Carnforth and Chile, to build a market-leading business within target sectors.  

NEW RANGE OF WET-MATE MICRO SERIES CONNECTORS AVAILABLE SOON!

29th January 2020

The OTAQ Connectors Wet-Mate Micro series have been produced to satisfy increasing demands for a reliable, UK manufactured underwater connector with excellent sealing capabilities and robust design. The  NEW Wet-Mate Micro range is available in a range of pin configurations for all harsh environment operations to suit ROV, Diving, and Offshore underwater markets. Manufactured using high quality materials and utilising the knowledge and experience of OTAQ Connectors skilled engineers and technicians, the OTAQ Wet-Mate Micro is a reliable solution for your underwater connector requirements.

The Connectors have been produced from high-grade materials and have been manufactured at our Cumbria facility, in line with our ISO 9001:2015 accreditation via DNV GL.

OTAQ Group completes acquistion of Link Subsea Ltd

1st April 2019

OTAQ Group has completed the acquisition of Link Subsea Ltd in a deal that further cements OTAQ’s position as a world class marine technology group.  Link Subsea are a leading manufacturer of underwater connectors and penetrators for the offshore energy market based in Ulverston, UK

The acquisition will spearhead the creation of the OTAQ Connectors divsion and will continue to produce high quality connectors and provide moulding solutions to the Oil & Gas, Subsea, Aquaculture, Military and Nuclear markets – building on the excellent customer base Link Subsea have developed in recent years.

Tom Houghton, Business Development Manager for OTAQ Connectors said “With an ever changing market, OTAQ is well placed to assist its customers across a range of Marine and Underwater connection products and services. With renewed confidence in the industry, 2019 is set to be a busy year for the Oil & Gas and Subsea sectors with demand for products and services out-stripping supply in many areas”

Phil Newby, CEO of OTAQ Group said “We are delighted to have completed the acquistion of Link Subsea which adds  and complements the existing divsions and companies within OTAQ Group.         We are looking forward to working with the team in Ulverston and are planning further investment in and expansion of the facilty there.”

The recent acquisition will see additional staff employed at the Ulverston site, and machinery added to the inventory to allow OTAQ Connections to grow and develop in-line with customer needs.

OTAQ Group’s management team has over 100 years of combined experience in aquaculture, marine and underwater technology products.    The group now has 32 employees across 5 worldwide locations; Aberdeen, Lancaster, Ulverston and Oban in the UK, and Puerto Montt in Chile.

OTAQ Group completes acquisition of Marinesense Ltd

23rd November 2018

OTAQ Group, a UK based marine technology group operating around the world in the aquaculture and offshore energy sectors, announced today that it had completed the acquisition of Marinesense Ltd.

Marinesense are world leaders in underwater leak detection and precision laser measurement systems for the offshore energy industry.  They are considered specialists in underwater optics, lasers and video systems and have been operating since 2007 from their base in Aberdeen, UK.

Going forward Marinesense will become part of OTAQ Offshore with all their products becoming available directly from OTAQ in Aberdeen or through a network of partners around the world.

Marinesense’s core product is Oceansense which has over the last 12 years become the industry standard in underwater leak cement return detection.  The system is used around the world to detect leaks in hydraulic control lines on subsea production structures or to detect dye in cement during well completions.   The system is used by many of the world’s biggest offshore and subsea operators including Oceaneering, Subsea 7, Rever, Halliburton, Fugro and Technip FMC

Dr Harry Rotsch, founder and managing director of Marinesense said “We have been considering for some time what the best route for Marinesene to reach its full potential was.  It was very important to me that we ended up with new owners who shared both our values and our product vision and I am very happy that we have found that in OTAQ Group.”  Harry will continue as Technical Director for the OTAQ Offshore division.

Phil Newby, CEO of OTAQ Group said   “The acquisition of Marinesense is a very important milestone in the growth of OTAQ Group and will allow our Offshore division to provide a range of world class underwater technology products with an incredible track record. We are very excited about several new products that are in the pipeline and how the expanded team will enhance our engineering resource across the group.”

OTAQ Offshore will be based from its new facilities within Campus Two of Aberdeen Innovation Park.

 

 

 

OTAQ wins business award at Scottish Edge

10th January 2018

OTAQ,has been announced as one of the biggest winners of the Scottish Edge awards, with a prize of £100,000.  The competition, aimed at identifying and supporting Scotland’s up-and-coming, innovative and entrepreneurial talent invited OTAQ to pitch at the finals of the event in Edinburgh this week where over £1.27million in grants and loans was awarded.

Commercial Director Chris Hyde led the firm’s pitch on their launch product, an innovative new deterrent system called SealFENCE which uses unique underwater acoustic technology to prevent seals from attacking marine fish farming sites.

Seal and sea lion attacks currently cost the fish farming industry over US$1 billion dollars a year worldwide as seals attack marine salmon farms for food, especially in the winter months. OTAQ’s innovative system provide a solution to the growing problem.

From 239 original applicants, just 22 of Scotland’s most promising entrepreneurs were invited to pitch their businesses to an expert panel of judges in order to win up to £100,000 each in grant funding and loans. Just 15 of the start-up and growth stage businesses were successful with only OTAQ and two others awarded the full amount applied for.

Chris Hyde, commercial director, OTAQ, said: “This award is going to make a major difference to our company and will mean that we can accelerate our export plans significantly, introduce our product to more markets and recruit more staff this year.

“Our company vision is to become world leaders in aquaculture technology and specifically in acoustic products such as predator control and monitoring systems.  Our key area of expertise lies within underwater acoustics and sonar and we intend to build a reputation as experts in this field within our industry.

Gordon Merrylees, Scottish EDGE board member and Head of Entrepreneurship at Royal Bank of Scotland and Natwest, commented: “the Scottish EDGE has had a huge impact on Scotland’s economy, with our alumni having generated an additional £31.80m in turnover, secured £28.36m in additional investment, and created 641 jobs since receiving their Scottish EDGE funding and support.”

Sir Tom Hunter, renowned Scottish entrepreneur and philanthropist, said: “100% of the net new jobs in the UK will come from businesses less than five years old – the winners at Scottish Edge are the job creators of today… We need to invest in them and nurture them in any way we can to build our economy and to provide the quality jobs our people deserve. We need to build a far greater pipeline of high growth businesses if Scotland is to succeed, Scottish Edge is one critical element of that pipeline and I commend all the entrants – not winners yet – and the winners for their commitment to building great entrepreneurial businesses.”

Chris Hyde of OTAQ, added: “The entire Scottish Edge experience has been invaluable.  The process and feedback from the judges has really makes us focus on our business and how best to communicate what it does; this has put us in very strong position for achieving our vision.”