Orolia was awarded a contract from Thalos SAS worth more than €1 million for the supply of tuna fish aggregating device (FAD) tracking buoys. The order was placed as a result of Orolia’s launch of the first FAD multi beam tuna tracking buoy incorporating five independent echo sounders and the signing of a new two year exclusive agreement that gives Thalo SAS the rights to independently manage the FAD tuna tracking buoy software and services for their existing extensive tuna fishing customer base and to further develop market leading innovative enhancements and software solutions for this system. In addition, this exclusive agreement will give Thalos the exclusive right to sell the software and tuna buoy into the global tuna seine fishing market.
The new Multibeam tuna buoy and onboard software gives tuna fishermen the ability to monitor fish activity under and around the Fish Aggregating Device more constantly and accurately, providing them with the information to make more cost effective decisions as to when to make the often long journey to revisit the FAD.
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