OceanComm Incorporated is an early-stage startup company working to commercializing the first video-capable wireless underwater modem. Currently, the oil and gas industry heavily relies on remotely operated vehicles (ROVs) to find and produce resources offshore. These vehicles are all tethered today, which results in significant operational costs. The sort of wireless solution developed by OceanComm could eliminate the costs of having to tether an ROV. The goal is to develop the equivalent of WiFi for the subsea industry.The firm's technology was named "most promising technology startup" at OTC, the world's largest oil and gas trade show.
