New NOAA report shows U.S. ocean enterprise sector grew 60 percent since 2015

a glider plunges into the waves at sea

A NOAA ocean glider, seen in waters off the coast of Puerto Rico in July 2018. These robotic, unmanned gliders are equipped with sensors to measure the salt content (salinity) and temperature as they move through the ocean at different depths. The gliders, which can operate in hurricane conditions, collect data during dives down to a half mile below the sea surface, and transmit the data to satellites when they surface. (NOAA)

The U.S. Ocean Enterprise 2015 - 2020 Report, released by NOAA today, shows significant growth in businesses that provide the technological means to observe and measure ocean dynamics. Called the Ocean Enterprise, this cluster of businesses, which provides essential support to the $2 trillion global Blue Economy and has revenues of $8 billion, saw a 60% growth of businesses—from 500 to 800—between 2015 and 2020. These businesses deliver essential information services to support sustainable use of ocean resources, understand Earth’s climate, and protect ocean health.

“Ocean Enterprise businesses provide observational technology and equipment essential to NOAA's mission to take the pulse of the planet. Those businesses are also important users of NOAA's publicly available data that they turn into actionable information and value-added products and services for a broad spectrum of end-uses—the raw material for building out the New Blue Economy, addressing everything from supporting renewable offshore energy development to ensuring efficient maritime commerce.” said Rick Spinrad, Ph.D., NOAA Administrator. “Understanding the trends affecting these businesses allows NOAA to identify new opportunities and partnerships to further support the Blue Economy.”

View the full media release here.


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