"Ocean is the new space" - 7 Wild Ideas for the $3 Trillion Dollar Frontier
Apr 7, 2025
auto_awesome
Will O’Brien, founder of Ulysses and a passionate advocate for ocean technology, shares his vision of the ocean as the next great frontier. He discusses the untapped potential of the ocean economy, the innovative use of autonomous robots for seagrass restoration, and the development of underwater data networks for national security. O’Brien also dives into sustainable seafood alternatives and the economic prospects of marine treasure hunting, emphasizing the need for curiosity and creativity in driving this new wave of ocean exploration.
The ocean economy, generating $3 trillion annually, presents immense entrepreneurial opportunities for innovative technologies in conservation and resource management.
Seagrass restoration is crucial for marine ecosystems, with promising solutions being developed to combat its alarming rate of loss and support biodiversity.
A cultural shift in the tech industry sees new entrepreneurs emphasizing both physical wellness and technological innovation, redefining what success looks like.
Deep dives
The Ocean as the New Frontier
The conversation centers on the idea that the ocean is the new frontier for innovation, akin to space exploration. Key examples such as SpaceX and Blue Origin highlight how space industries have experienced massive growth, prompting a discussion on the potential for similar advancements within the ocean economy. The ocean economy is already significant, generating $3 trillion annually and impacting billions of people worldwide who rely on it for food and income. This presents a unique opportunity for entrepreneurs to develop groundbreaking technologies and businesses aimed at ocean conservation, exploration, and resource management.
Untapped Opportunities in Ocean Technology
Despite the vastness of the ocean economy, much of the existing maritime technology remains outdated and lacks innovation. Many ships and underwater vehicles still use technology that is decades old, hindering progress in various sectors like transportation, fisheries, and energy. The podcast discusses how there are currently no widely recognized 'sexy' ocean startups, in stark contrast to the space industry where companies like SpaceX dominate public interest. This stagnation presents a fertile ground for startups willing to challenge the status quo and introduce modern solutions to ocean-related issues.
The Significance of Seagrass and Marine Ecosystems
Seagrass is emphasized as a crucial component of marine ecosystems, capable of capturing carbon more effectively than rainforests while also supporting vital fish populations. The podcast highlights the alarming rate of seagrass loss, approximately 7% annually, which poses a threat to both biodiversity and the livelihoods of billions who depend on the ocean for sustenance. The conversation dives into innovative solutions for seagrass restoration, including the use of autonomous underwater vehicles designed to plant and monitor seagrass in a more efficient manner. This approach not only addresses the environmental crisis but also aligns with global efforts to tackle climate change through enhanced carbon sequestration.
Innovative Startups in the Ocean Economy
The episode introduces listener to a notable startup, SailDrone, which builds autonomous sailboats to gather extensive ocean data. These vessels can operate for extended periods and are equipped with advanced sensors to capture various forms of environmental data, benefiting agencies like NOAA and the U.S. Navy. This reflects a growing trend in employing technology to enhance ocean research and ensure sustainable practices. Furthermore, the discussion includes Ulysses, a company focused on creating a platform for autonomous robots that can perform tasks essential for maritime operations, showcasing a new wave of innovation within the ocean sector.
The High Stakes of Ocean Defense and Security
The conversation extends into the realm of maritime defense, highlighting the importance of protecting underwater communication cables and the strategic implications of such infrastructure. With the potential for conflict escalating in oceanic territories, the development of autonomous vehicles for surveillance and maintenance of these cables becomes critical. The podcast underscores how protecting these assets is not only vital for national security but also for the integrity of global communication networks. Smart startups are positioning themselves to play significant roles in ensuring maritime security within the increasingly important ocean economy.
The Evolution of Tech Entrepreneurs
The discussion touches on a broader cultural shift in the tech industry, where new entrepreneurs embody a blend of physicality and intellect, breaking free from the past stereotypes of tech founders. This evolution highlights a dynamic where fitness and personal well-being become integral to the identity of professional success. It sets the stage for an industry where venture founders not only drive technological advancements but also embrace a holistic approach to life that includes physical and mental health. This new archetype offers a fresh perspective on what it means to be a successful entrepreneur today.
Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd
