About OTAQ
OTAQ is a company based in Lancaster (United Kingdom) founded in 2012 by Chris Hyde. The company has 45 employees as of March 31, 2022. OTAQ has completed 1 acquisition, including ROS Technology. OTAQ offers products and services including Eagle IP Cameras and Underwater Connectors. OTAQ operates in a competitive market with competitors including Eruvaka Technologies, Maritech, Blue Lion Labs, AquaOptima and Osmo Systems, among others.
- Headquarter Lancaster, United Kingdom
- Employees 45 as on 31 Mar, 2022
- Founders Chris Hyde
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Sectors
Agriculture
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Otaq Plc
- Date of Incorporation 22 Jun, 2018
- Jurisdiction LANCASTER, ENGLAND
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Annual Revenue
$5.3 M (USD)19as on Mar 31, 2021
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Net Profit
-$698.25 K (USD)80as on Mar 31, 2021
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EBITDA
Not available
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Latest Funding Round
$54.63 K (USD), Grant
Dec 31, 2015
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Investors
European Union
& 2 more
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Employee Count
45
as on Mar 31, 2022
- Investments & Acquisitions
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Acquired by
N/A
(Apr 14, 2020)
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Products & Services of OTAQ
OTAQ offers a comprehensive portfolio of products and services, including Eagle IP Cameras and Underwater Connectors.
High-definition cameras for ROV and AUV in marine environments.
Connectors designed for harsh offshore energy applications.
Funding Insights of OTAQ
Investors in OTAQ
OTAQ has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Locked | Locked | Locked | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for OTAQ
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Investments & Acquisitions by OTAQ
OTAQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ROS Technology.
Investment portfolio details for OTAQ
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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IoT and robotics services are provided to clients worldwide.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for OTAQ
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Financial Statements - OTAQ
Detailed financials for OTAQ
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Otaq Comparisons
Peer comparison for OTAQ
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Competitors of OTAQ
OTAQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eruvaka Technologies, Maritech, Blue Lion Labs, AquaOptima and Osmo Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT-enabled diagnostic equipment is supplied for aquaculture monitoring.
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Provider of IoT-based production, logistics and supply chain solutions for the seafood industry
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| Locked | Locked | Locked |
AI solutions for real-time water body monitoring are provided.
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| Locked | Locked | Locked |
Infrastructure solutions for land-based aquaculture are developed and marketed.
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Parameters are monitored in hydroponic and aquaculture systems.
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Detailed competitors of OTAQ
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Latest news on Otaq
Complete news archive for OTAQ
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Frequently Asked Questions about OTAQ
OTAQ was founded in 2012 and raised its 1st funding round 3 years after it was founded.
OTAQ is headquartered in Lancaster, United Kingdom. It is registered at Lancaster, Lancashire, United Kingdom.
As of Mar 31, 2022, the latest employee count at OTAQ is 45.
Annual revenue of OTAQ is $5.3M as on Mar 31, 2021.
OTAQ was founded in 2012 in Lancaster, United Kingdom, focusing on the aquaculture sector. Marine technological products for predator mitigation in offshore farms are developed and marketed, including the SealFence system, which forms an acoustic barrier around sea cages to deter seals and sea lions. A portable SealFence variant is offered for short-term use up to 50 meters, alongside OceanTalk, a portal integrating up to 64 sensors from various manufacturers.
OTAQ's top competitors include Eruvaka Technologies, AquaOptima and Watergenics.
OTAQ offers Eagle IP Cameras and Underwater Connectors.
OTAQ has made 1 acquisition, including ROS Technology.
OTAQ has 2 investors. Key investors include European Union, and EIC Fund.