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MARINE THINKING
Transforming the way we understand and protect
our oceans with autonomous technologies, artificial
intelligence, and multi-tier connectivity
Wenwen Pei, Cofounder & CEO
marinethinking.com
OUR OCEANS
Our oceans contain more than one million
species of marine life. Nearly 66% have yet
to be named or described.
Our planet is comprised of 70% water,
and 30% land.
With 500,000 to 1 million tons
of fishing gear discarded or lost
each year, ghost gear is becoming
the ocean’s silent killer.
Less than 20% of the ocean floor
has been successfully scanned and
recorded by high-resolution
multibeam echo sounders.
AN AUTONOMOUS WORLD
54% MARKET SHARE 76% MARKET SHARE
Both commercial and
government sectors are fueling
the rise of USV demand.
No consensus market leader
in the Uncrewed Surface
Vessel (USV) space.
Enhanced Autopilot Street
“Full Self-Driving” (in Beta)
Autopilot
Obstacle Avoidance
Object Track and Follow
$539B MARKET CAP
As of May 8, 2023
An AI-driven control and communication system for autonomous
vehicles, “trained” by a high volume of ocean environment and
marine navigation data sets via machine learning.
USV TECHNOLOGIES & SOLUTIONS
AUTONOMOUS
NAVIGATION
AUTOPILOT
OBSTACLE DETECTION & AVOIDANCE
OBJECT RECIGNITION & TRACKING
EDGE AI
COMPUTING
SENSOR FUSION
INTEROPERABILITY
WITH DIFFERENT
MISSION PAYLOADS
MULTI-TIERED AND
FULL-COVERAGE
COMMUNICATION
MARINE TENSORTM FEATURES
OPTIMAL NETWORK SELECTION
STARLINK, WIFI, RADIO, 4G/5G
REAL-TIME DATA STREAMING
SONAR, RADAR, LIDAR
OPTICAL & THERMAL IMAGING
REAL-TIME DATA SHARING
ACROSS MULTIPLE VEHICLES
FOR FASTER AND SMARTER
DECISION-MAKING
USV ADVANTAGES
ENERGY-SAVINGS
& EMISSION REDUCTION
Significantly reduce boat weight and emissions due
to less/none crew needed on board
INCREASED EFFICIENCY
Significantly reduces deployment time and
coordination requirements. The AI and sensor
systems of Marine TensorTM can also reduce the risk
of human error.
COST REDUCTION
Remote operation reduces crew member
requirements, thus reducing overall mission costs.
EXPANDED CAPABILITY
The removal of HR constraints (e.g., time of day,
duration, operating conditions, etc.) allows for
greater operational capacity and more diverse
operating environments.
OIL SPILL MANAGEMENT
CLEAN TECH MARKET APPLICATIONS
$125.6B USD 3.5%
Compound Annual Growth Rate
(CAGR) 2023-2030
Spent on prevention,
response, and cleanup
in 2022
ENVIRONMENTAL SURVEYING/PROTECTION
$1.5B USD for 2022 (U.S.)
Ocean, coastal and great lakes research,
technology and observations
Sources:
Reuters NOAA Fisheries
Grand View Research
71%
Spent on offshore
pre-spill management
Deepwater Horizon
Oil Spill Incident
$65B USD
134M Gallons
Oil spilt into the
Gulf of Mexico
Spent on response
and cleanup efforts
MARKET OPPORTUNITIES
KEY
DRIVERS
NORTH AMERICA
Largest market during forecast period
• Infrastructure inspection, bathymetric
surveys, and search & rescue
• Seeking USV and autonomous technology
to operate in further and deeper waters
Sources:
• High demand for environmental monitoring
• High demand for ocean data mapping
• Increasing needs within maritime security
vs. asymmetric threats
• The rise of USV innovation
OIL & GAS
• Intelligence, surveillance, and reconnaissance (ISR)
• Seeking USV and autonomous technology to
conduct mission tasks without risk to operators.
• Most defense forces are in various stages of USV
adoption
DEFENSE
$2.7B USD
2030 Market Size
Forecast
13.7%
Compound Annual
Growth Rate (CAGR)
• One of Canada’s earliest USV licensees:
Helped to consult on the initial guidelines for future USV
registration protocols
• Awarded Canadian fishing license using underwater Remote
Operated Vehicles (ROV)
• Owner of 4 IP patents; 19 pending approval
• Awarded multiple projects from government agencies:
OUR CREDENTIALS
IT’S COMPLEMENTARY,
NOT COMPETITION
USVs
Autonomous Underwater Vehicles
Traditional Crewed Vessels
Marine Thinking stands out from other
USV companies by specializing in the
development of Marine Tensor™, which
serves as the control system or "brain"
of vessels, rather than offering ocean
surveying and data processing services
to the industry.
Marine Tensor™ also features
interoperability, allowing for real-time
data sharing between vehicles – above,
below, and at surface level.
wenwen.pei@marinethinking.com
marinethinking.com
THANK YOU.
ANY QUESTIONS?

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Marine Thinking - TSX Cleantech Investor Day - May 2023.pdf

  • 1. MARINE THINKING Transforming the way we understand and protect our oceans with autonomous technologies, artificial intelligence, and multi-tier connectivity Wenwen Pei, Cofounder & CEO marinethinking.com
  • 2. OUR OCEANS Our oceans contain more than one million species of marine life. Nearly 66% have yet to be named or described. Our planet is comprised of 70% water, and 30% land. With 500,000 to 1 million tons of fishing gear discarded or lost each year, ghost gear is becoming the ocean’s silent killer. Less than 20% of the ocean floor has been successfully scanned and recorded by high-resolution multibeam echo sounders.
  • 3. AN AUTONOMOUS WORLD 54% MARKET SHARE 76% MARKET SHARE Both commercial and government sectors are fueling the rise of USV demand. No consensus market leader in the Uncrewed Surface Vessel (USV) space. Enhanced Autopilot Street “Full Self-Driving” (in Beta) Autopilot Obstacle Avoidance Object Track and Follow $539B MARKET CAP As of May 8, 2023
  • 4. An AI-driven control and communication system for autonomous vehicles, “trained” by a high volume of ocean environment and marine navigation data sets via machine learning. USV TECHNOLOGIES & SOLUTIONS
  • 5. AUTONOMOUS NAVIGATION AUTOPILOT OBSTACLE DETECTION & AVOIDANCE OBJECT RECIGNITION & TRACKING EDGE AI COMPUTING SENSOR FUSION INTEROPERABILITY WITH DIFFERENT MISSION PAYLOADS MULTI-TIERED AND FULL-COVERAGE COMMUNICATION MARINE TENSORTM FEATURES OPTIMAL NETWORK SELECTION STARLINK, WIFI, RADIO, 4G/5G REAL-TIME DATA STREAMING SONAR, RADAR, LIDAR OPTICAL & THERMAL IMAGING REAL-TIME DATA SHARING ACROSS MULTIPLE VEHICLES FOR FASTER AND SMARTER DECISION-MAKING
  • 6. USV ADVANTAGES ENERGY-SAVINGS & EMISSION REDUCTION Significantly reduce boat weight and emissions due to less/none crew needed on board INCREASED EFFICIENCY Significantly reduces deployment time and coordination requirements. The AI and sensor systems of Marine TensorTM can also reduce the risk of human error. COST REDUCTION Remote operation reduces crew member requirements, thus reducing overall mission costs. EXPANDED CAPABILITY The removal of HR constraints (e.g., time of day, duration, operating conditions, etc.) allows for greater operational capacity and more diverse operating environments.
  • 7. OIL SPILL MANAGEMENT CLEAN TECH MARKET APPLICATIONS $125.6B USD 3.5% Compound Annual Growth Rate (CAGR) 2023-2030 Spent on prevention, response, and cleanup in 2022 ENVIRONMENTAL SURVEYING/PROTECTION $1.5B USD for 2022 (U.S.) Ocean, coastal and great lakes research, technology and observations Sources: Reuters NOAA Fisheries Grand View Research 71% Spent on offshore pre-spill management Deepwater Horizon Oil Spill Incident $65B USD 134M Gallons Oil spilt into the Gulf of Mexico Spent on response and cleanup efforts
  • 8. MARKET OPPORTUNITIES KEY DRIVERS NORTH AMERICA Largest market during forecast period • Infrastructure inspection, bathymetric surveys, and search & rescue • Seeking USV and autonomous technology to operate in further and deeper waters Sources: • High demand for environmental monitoring • High demand for ocean data mapping • Increasing needs within maritime security vs. asymmetric threats • The rise of USV innovation OIL & GAS • Intelligence, surveillance, and reconnaissance (ISR) • Seeking USV and autonomous technology to conduct mission tasks without risk to operators. • Most defense forces are in various stages of USV adoption DEFENSE $2.7B USD 2030 Market Size Forecast 13.7% Compound Annual Growth Rate (CAGR)
  • 9. • One of Canada’s earliest USV licensees: Helped to consult on the initial guidelines for future USV registration protocols • Awarded Canadian fishing license using underwater Remote Operated Vehicles (ROV) • Owner of 4 IP patents; 19 pending approval • Awarded multiple projects from government agencies: OUR CREDENTIALS
  • 10. IT’S COMPLEMENTARY, NOT COMPETITION USVs Autonomous Underwater Vehicles Traditional Crewed Vessels Marine Thinking stands out from other USV companies by specializing in the development of Marine Tensor™, which serves as the control system or "brain" of vessels, rather than offering ocean surveying and data processing services to the industry. Marine Tensor™ also features interoperability, allowing for real-time data sharing between vehicles – above, below, and at surface level.