Feritech scoops Marine-i Innovation and Technology Award

Feritech Global has won an award for ‘Impact on Cornwall’ at the Marine-i Innovation and Technology Awards 2023. The event was held at the Atlantic Hotel in Newquay on 3rd March to celebrate the achievements of the £13.4 million Marine-I programme.

Part funded by the European Regional Development Fund, Marine-i has supported nearly 200 businesses in Cornwall and Scilly to accelerate their innovations over the six year programme 2017-2023.

Awards were made in three categories to the businesses which were selected as outstanding by an independent panel of judges.

The judges took into account Feritech’s export success (with customers in over 40 countries), its recent launch of a new Innovation Centre (which sets new standards in sustainable design) and also the global potential impact of its latest innovation, the world’s first autonomous subsea vehicle for geotechnical surveying.

Prof Lars Johanning of University of Exeter and Programme Director for Marine-i said:

“Feritech’s concept could revolutionise the way in which geotechnical survey work is carried out around the world. By reducing cost and risk for developers, it will also help accelerate the growth of floating offshore wind in the Celtic Sea, generating a positive economic impact on the local supply chain.”

Rob Ferris, MD of Feritech Global, said: “We are delighted to win this prestigious award, especially as we were up against such incredibly stiff competition from other businesses supported by Marine-i. We have had exceptional success in awards schemes this year. In fact, this is our second award this week! We are very pleased that the hard work, ingenuity and vision of our team is being recognised and celebrated.”

Photo shows, from left to right: Prof Lars Johanning (Programme Director, Marine-i): Rosie Ayling (Feritech Global); Thelma Sorensen OBE (Chair, Cornwall Business Partnership); Connor Eade (Feritech Global)

Feritech features in a video that details how Marine-i has worked with businesses over the last six years. You can view the video by clicking here.