Growing Funding and Support Marine Technology Society has recently secured substantial funding of $3.9 million from the Department of Commerce and NOAA, demonstrating strong governmental support and potential for long-term partnerships and grant-based projects that could benefit technology providers and service providers.
Active Industry Engagement The organization regularly participates in prominent industry conferences such as OCEANS and Oceans in Action, offering opportunities for technology companies to showcase innovative solutions, engage with ocean engineers, and explore collaborations with policymakers and educators.
Focus on Innovation Initiatives With launches like the Ocean Enterprise Initiative and Dialogues with Industry Roadmap, MTS is positioning itself as a catalyst for ocean technology innovation and economic development, presenting opportunities for strategic partnerships with firms involved in marine R&D and technological advancements.
Educational and Competitive Outreach By supporting events such as the MATE ROV Competition and ROV Photo Challenge, MTS actively promotes education and research in marine robotics, creating sales prospects for companies involved in ROV hardware, software, and educational tools.
Growing Market Presence With a revenue range of $25 million to $50 million and increasing global engagement, MTS represents a substantial market player in ocean technology, offering sales opportunities for industry suppliers, technology vendors, and service providers seeking to expand their footprint in the maritime sector.