Stingray Marine Solutions
Stingray Marine Solutions AS is a Norwegian aquaculture technology company that builds patented laser-based systems for sea lice removal and continuous fish health monitoring, selling hardware-plus-service bundles directly to large salmon farming operators in Norway and Iceland.
- Company typePrivate
- Founded2012
- HeadquartersOslo, Norway
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Stingray Marine Solutions does
Stingray Marine Solutions AS is a Norwegian aquaculture technology company that develops and manufactures laser-based systems for the detection and removal of sea lice on farmed Atlantic salmon. Founded in 2012 by inventor Esben Beck around a globally patented optical delousing method first filed in 2010, the company launched commercially in 2014 and has since deployed more than 2,000 submerged laser nodes across over 130 facilities in Norway and Iceland, monitoring over 80 million salmon and trout continuously. The core product is a submerged unit combining stereoscopic cameras, Royal Blue LED illumination, proprietary 360° thrusters, and a high-precision laser (0.7mm accuracy, up to five pulses per second) that targets and destroys sea lice without harming the fish, supported by the Stingray Online customer portal and the integrated Fiskens Helsestasjon (Fish Health Hub) platform covering lice counting, biometrics, and welfare diagnostics. AI and machine-learning models, trained on more than a decade of labeled imagery, drive automated lice detection, biometric measurement, and welfare monitoring.
The company operates a hybrid hardware-plus-managed-service business model. Fish farmers purchase laser node hardware bundled with a four-year service agreement that includes installation, training, maintenance, spare parts, software updates, biological monitoring, and advisory services; extensions of up to two additional years are available. Distribution is primarily direct enterprise field sales to large Norwegian and Icelandic salmon farming operators (named customers include Nordlaks, SalMar, Sulefisk, Gratanglaks, and Kleiva Fiskefarm), supported by in-house installation teams across facilities in Oslo and Fauske. Revenue is concentrated in hardware sales bundled with multi-year service contracts, with subscription-style recurring access through Stingray Online. In October 2024, Danish investment company Novo Holdings acquired approximately 80% of Stingray, with management and employees retaining about 20%; FY2024 revenue reached NOK 831 million (up 130% year-over-year) at a 13.6% operating margin, with order backlog exceeding NOK 1 billion and production scaling toward 1,200+ nodes in 2025 and 1,600+ by 2026.
Stingray Marine Solutions firmographics
Firmographics- Name
- Stingray Marine Solutions
- Legal name
- Stingray Marine Solutions AS
- Website
- https://stingray.no
- Company type
- Private
- Founded year
- 2012
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Stingray Marine Solutions AS is a Norwegian aquaculture technology company that builds patented laser-based systems for sea lice removal and continuous fish health monitoring, selling hardware-plus-service bundles directly to large salmon farming operators in Norway and Iceland.
- Ownership category
- akta.pro rank
Stingray Marine Solutions industry classification
Industry- Product category
- Aquaculture Technology
- NAICS
- Aquaculture (11251)
- SIC
- Laboratory Analytical Instruments (3826)
- akta.pro primary industry
- Marine Navigation Systems (ECDIS, Radar, GNSS, AIS) (IMAJAJAE)
Keywords
Where Stingray Marine Solutions is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices3 records
Markets served
Stingray Marine Solutions business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Hardware Node Sales and Service Contracts: Stingray sells laser node hardware units to fish farmers with a bundled four-year service agreement included upon purchase. Service agreements cover installation, training, maintenance, spare parts, software updates, biological monitoring, and advisory services. After the initial four-year term, extensions of up to two years are possible depending on hardware condition. This is the primary revenue driver, accounting for the majority of the NOK 831 million revenue in 2024.
- Operating Service and Support: Ongoing operational support, monitoring services, and advisory consulting provided through the Fiskens Helsestasjon (Fish Health Hub) platform. Includes weekly analysis of 100,000 images from laser nodes by image analysts and veterinarians, along with health consultation services.
- Software Access (Stingray Online): Customer portal providing real-time and historical fish health data, lice counts, biometric data, and positioning data. Available as part of the bundled service agreement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | Four-year service agreement bundled with node hardware purchase, with optional extension up to two additional years. |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Stingray Marine Solutions product offering
Product offeringCore offering
Stingray develops and sells submerged laser nodes that combine stereoscopic cameras, AI-driven lice detection, and a high-precision laser to continuously detect and eliminate sea lice on Atlantic salmon without chemicals, fasting, or physical handling. Each node is sold bundled with a four-year service agreement covering installation, training, maintenance, biological monitoring, and advisory, and is accessed by customers through the Stingray Online real-time data portal. The integrated Fiskens Helsetasjon (Fish Health Hub) platform adds biometric growth monitoring, wound detection, maturation tracking, and automated lice counting for regulatory compliance.
Product overview
Stingray Marine Solutions AS is a Norwegian aquaculture technology company that offers a unified product portfolio anchored by Fiskens Helsestasjon™ (The Fish Health Hub), a comprehensive solution combining laser-based sea lice removal with continuous fish health monitoring and biometrics. The core technology consists of laser nodes equipped with stereo cameras, advanced software, and high-precision lasers that operate 24/7 to detect and eliminate sea lice without harming fish. This is supported by Stingray Online, a customer portal providing real-time and historical data access. Additional modules include Lusetelling (automated lice counting), Biometri (growth monitoring), and Diagnostisering (health diagnostics). The system is produced in Oslo, Norway, and the company employed approximately 250 people in 2025.
Differentiator
Problem solved
Functional benefit
Brands
- Fiskens Helsestasjon: Fish Health Station - comprehensive fish health monitoring and lice removal service combining laser technology with continuous welfare monitoring and biometry.
Products and services
- Fiskens Helsestasjon (The Fish Health Hub) Comprehensive integrated solution that combines Stingray's laser-based sea lice removal technology with continuous fish health monitoring and biometrics, operating 24/7 without physical fish handling. It eliminates the need for chemical treatments, fasting, and physical handling while reducing stress, injuries, and mortality, and is offered as a contracted service to commercial salmon farming operators in Norway and Iceland.
- Stingray Laser System / Laser Nodes Submerged hardware node combining stereoscopic cameras, advanced software, and a high-precision laser that targets and eliminates sea lice parasites on farmed Atlantic salmon. The laser operates 24/7, shooting up to five pulses per second with 0.7mm precision, eliminating lice without harming the fish, with each unit featuring 360° rotation capability via proprietary thrusters. Sold to commercial salmon farming operators bundled with a four-year service agreement.
- Stingray Online Customer web portal providing commercial salmon farmers with access to real-time and historical data from their Stingray laser node installations, including lice counts, fish health monitoring, biometric measurements, and positioning data. Enables data-driven decisions without the need for direct fish handling, and is provided as part of the bundled service agreement with each laser node purchase.
Quantifiable outcome
- Sea lice mortality rate reduced to below 3% versus Norwegian industry average of 15% (as reported by SalMar using Stingray)
- +7 more outcomes
Companies that use Stingray Marine Solutions
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Stingray Marine Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature8 records
Stingray Marine Solutions partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SalMar ASAmajorNorwegian salmon farming company SalMar operates Ocean Farm 1 offshore fish farm 24km off Frøya and has deployed Stingray's automated laser systems alongside Alphabet's TidalX AI monitoring platform. SalMar targets mortality rates below 3% versus the Norwegian industry average of 15%. Stingray systems contribute to achieving this performance differential.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
Stingray Marine Solutions competitors and assessment
Company assessmentDirect peers
- OptoScale: Norwegian aquaculture technology company using AI-driven computer vision cameras for fish size, biomass, and welfare monitoring at salmon farms. Like Stingray, it sells connected hardware nodes with cloud-based analytics to Norwegian salmon farming operators, addressing adjacent monitoring/measurement use cases on the same customer sites.
- Imenco: Norwegian underwater camera and observation technology supplier serving the aquaculture industry with subsea cameras, lights, and monitoring hardware for fish farms. Compares to Stingray because both provide underwater optical hardware deployed inside salmon pens, serving overlapping customer workflows for fish health monitoring.
Broad incumbents
- Akva Group: Norway's largest publicly listed aquaculture technology supplier, offering recirculating systems, feeding, sensors, cameras, and software across the full salmon farming value chain. Comparable to Stingray as an enterprise technology vendor to the same Norwegian salmon farming customers, but with a much broader portfolio and global footprint.
- Innovasea: Global aquaculture technology company providing fish farming hardware (sensors, cameras, feed systems), software, and biomass tracking solutions worldwide. It overlaps with Stingray in providing connected monitoring technology and fish health insight products to commercial salmon farming operators at scale.
- ScaleAQ: Major Norwegian aquaculture equipment supplier offering feed systems, sensors, fish welfare technology, and sea lice solutions (including mechanical delousing) to Norwegian and international salmon farmers. Direct adjacency to Stingray in serving the same salmon farms with complementary hardware-based welfare and delousing solutions.
- Steinsvik (AQS): Norwegian aquaculture equipment manufacturer (part of AQS group) producing feed systems, sensors, cameras, and aquaculture service equipment for fish farms. Comparable to Stingray as a long-established Norwegian hardware vendor into the same salmon farming customer base.
- Bluegrove: Aquaculture services and technology group providing smolt production, sea-based services, and technology solutions across the salmon farming value chain globally. Comparable to Stingray as a broad supplier of technology and operational services to commercial salmon farming operators.
Emerging players
- Quantidoc: Norwegian aquaculture technology company specializing in imaging and laser-based health monitoring of salmon. Closest direct competitor to Stingray in applying imaging and laser techniques to fish health diagnostics at salmon farms, addressing overlapping use cases.
Others
- Tidal (Alphabet X): Alphabet X spin-out applying AI and computer vision to aquaculture monitoring, including a partnership with SalMar at Ocean Farm 1 alongside Stingray hardware. Ecosystem partner/adjacent technology provider rather than a direct competitor because it focuses on the AI/analytics layer while Stingray owns the physical delousing hardware.
- Nofima: Norwegian applied research institute for fisheries and aquaculture, conducting fish health, welfare, and sea lice research used as evidence base for industry regulations. Ecosystem participant referenced in Stingray's publications and data sets, but not a commercial competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Stingray Marine Solutions social profiles
Digital presenceStingray Marine Solutions compliance and trust
Trust signalCompliance2 records
Stingray Marine Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stingray Marine Solutions leadership team
Management profileNumber of profiles
Profiles7 records
Stingray Marine Solutions subsidiaries and ownership
Company hierarchySubsidiaries1 record
Stingray Marine Solutions funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stingray Marine Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stingray Marine Solutions
What does Stingray Marine Solutions do?
Stingray develops and sells submerged laser nodes that combine stereoscopic cameras, AI-driven lice detection, and a high-precision laser to continuously detect and eliminate sea lice on Atlantic salmon without chemicals, fasting, or physical handling. Each node is sold bundled with a four-year service agreement covering installation, training, maintenance, biological monitoring, and advisory, and is accessed by customers through the Stingray Online real-time data portal. The integrated Fiskens Helsetasjon (Fish Health Hub) platform adds biometric growth monitoring, wound detection, maturation tracking, and automated lice counting for regulatory compliance.
Is Stingray Marine Solutions a public or private company?
Stingray Marine Solutions is a private company. It is classified as private equity controlled and is currently acquired.
When was Stingray Marine Solutions founded?
Stingray Marine Solutions was founded in 2012. It employs 101 to 250 people.
Where is Stingray Marine Solutions based?
Stingray Marine Solutions is headquartered in Oslo, Norway, in the Europe region.
How does Stingray Marine Solutions make money?
Three revenue lines are on record. Hardware Node Sales and Service Contracts are the primary driver. The others are operating Service and Support and software Access (Stingray Online).
Who are Stingray Marine Solutions's main competitors?
Direct peers on record are OptoScale and Imenco. Broad incumbents are Akva Group, Innovasea, ScaleAQ, Steinsvik (AQS) and Bluegrove. Quantidoc is listed as an emerging player. Others are Tidal (Alphabet X) and Nofima.
Does Stingray Marine Solutions have an API?
No public API is recorded for Stingray Marine Solutions.
What industry is Stingray Marine Solutions in?
Stingray Marine Solutions's product category is Aquaculture Technology. Its primary akta.pro industry code is IMAJAJAE, Marine Navigation Systems (ECDIS, Radar, GNSS, AIS). Its NAICS code is 11251 and its SIC code is 3826.