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Bedrock Ocean Exploration

Bedrock Ocean Exploration

Conducts marine surveys using AUVs

About

Bedrock Ocean Exploration focuses on marine surveys using Autonomous Underwater Vehicles (AUVs) to gather detailed data about the seafloor in nearshore areas. These AUVs are equipped with tools like multi-beam sonar, side-scan sonar, and magnetometers, allowing for high-resolution data collection. The company prioritizes a "data-first" approach, ensuring that the data collected is effectively managed and interpreted to provide valuable insights to clients, which include environmental organizations, government agencies, and private sector companies. Bedrock Ocean differentiates itself by aiming to create a publicly available map of the world's oceans that is significantly more detailed than existing maps, enhancing our understanding of marine environments. Their goal is to improve marine operations by reducing costs and risks while promoting safety through precise mapping and data interpretation.

Company Stage

Series A

Employees

11-50

Industries

Industrial & Manufacturing, Government & Public Sector, Social Impact

Total Funding

$37.9M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • Securing $25.5M in Series A funding indicates strong investor confidence and provides resources for further technological advancements.
  • Recognition by Fast Company's World Changing Ideas Awards highlights Bedrock's innovative impact on offshore wind development and climate change mitigation.
  • The acquisition of Shone Automation's technology assets will likely expand their ocean mapping data services, opening new market opportunities.

What critics are saying

  • The high costs and technical challenges associated with developing and deploying AUVs could strain financial resources.
  • Dependence on technology partnerships may pose risks if these collaborations face disruptions or fail to deliver expected advancements.

What makes Bedrock Ocean Exploration unique

  • Bedrock Ocean's use of AUVs equipped with advanced sonar and magnetometers allows for high-resolution seafloor mapping, setting them apart from traditional marine survey methods.
  • Their commitment to creating a publicly available, highly detailed map of the world's oceans demonstrates a unique mission-driven approach.
  • Strategic technology partnerships with companies like Exail and NORBIT Subsea enhance their capabilities and market reach, distinguishing them from competitors.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

27%

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