Company Profile

Ocean Farm Technologies Inc
Profile last edited on: 11/1/17      CAGE: 8ANB5      UEI: EBSSG7MW9CM9

Business Identifier: Aquaculture technology for exposed open ocean conditions
Year Founded
First Award
Latest Award
Program Status
Inactive (Acquired)
Popularity Index
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Location Information

52 South Main Street
Morrill, ME 04952
   (888) 540-5554
Location: Single
Congr. District: 02
County: Waldo

Public Profile

In January 2015, Ocean Farm Technologis was merged with Ocean Spar -not an SBIR involved firm - and renamed InnovaSea Systems, Inc., With facailites in Boston and Bainbridge, WA, the new entiity is Cuna del Mar portfolio company - a Wyoming-based private equity and venture capital firm specializing in early stage investments. The firm invests in open ocean aquaculture private companies edicated to supporting open-ocean aquaculture businesses by producing innovative, environmentally-focused sustainable technologies and service solutions for the industry. InnovaSea is is developing a fully integrated open-ocean farming platform to address createion of the next generation of products for the open-ocean fish farming industry. InnovaSea has plans designed to support responsible aquaculture operations in the open ocean and using fully integrated fish farming platforms. Ocean Farm Technologies Inc. had been working on development and marketing of technology for aquaculture in exposed open ocean conditions. The firms had an exclusive license to develop and market the AquaPod containment system, but was also developing technology for feeding, cultivating, transfer and harvesting fish in open ocean systems

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
Revenue Range
VC funded?
Privately Held
Stock Info
IP Holdings

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2009 2 DOC $394,649
Project Title: Wave Energy Conversion to Power Offshore Aquaculture
2008 2 DOC $392,958
Project Title: Automation of Fish Net Pen Operations
2005 1 DOC $74,737
Project Title: Development of a Method for Fish Transfer and Harvest from Submerged Net Pens

Key People / Management

  Langley Gace -- President

  Stephen H Page -- CEO

  Frank Fay -- Chief Financial Officer

  David Kelly -- Chief Executive Officer & Chief Technology Officer