OTAQ, an Oban company designing and manufacturing technology for the global fish farming industry, 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 last week where more than £1.27million in grants and loans was awarded.
The firm scooped £100,000 after commercial director Chris Hyde led the firm’s pitch on its launch product, an innovative deterrent system called SealFENCE, which uses unique underwater acoustic technology to prevent seals from attacking marine fish farming sites.