OTAQ
OTAQ is a UK-based public technology company that manufactures high-technology products and solutions for the aquaculture, fisheries, and renewables industries, serving operators in these marine and clean-energy verticals from its Oban headquarters.
- Company typePrivate
- Founded2015
- HeadquartersLancaster, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What OTAQ does
OTAQ (LSE: OTAQ) is a UK-based public technology company headquartered in Oban, Scotland, that manufactures high-technology products and solutions for the aquaculture, fisheries, and renewables industries. Founded in 2005 and operating with a small team of 11-50 employees, the company focuses on building specialized equipment and systems — most plausibly sensors, monitoring hardware, and control systems — for these adjacent marine and clean-energy verticals. The company is led by Phil Newby as CEO, with founder Chris Hyde continuing as CTO, preserving founder-led technical direction while professionalizing commercial execution.
The company's go-to-market is anchored in three specialist customer bases: commercial aquaculture operators, fisheries, and renewables (likely offshore/marine) asset owners and operators. Public listing on the London Stock Exchange (LSE: OTAQ) and historical access to non-dilutive EU innovation funding (EISMEA, 2015) signal a capital strategy that blends public-market equity, growth funding rounds (a ~$2.2M raise on 2022-10-12), and grant capital. Detailed pricing models, distribution channels, named customers, product SKUs, and revenue mechanics are not disclosed in the available data, limiting visibility into unit economics, customer concentration, and segmentation. The supplied revenue figures (in the trillions) are inconsistent with the company's micro-cap, 11-50 employee profile and are treated as a data-quality issue rather than a financial signal.
Inferential view, clearly labeled: based on headcount and equipment-vendor revenue-per-head benchmarks, OTAQ's realistic annual revenue band most likely falls in the $5M-$10M range, with high uncertainty due to absent disclosure. Operating profitability is questionable given the heavily negative EBITDA and net income reported across 2019-2023, though those absolute figures should be treated cautiously. The principal strategic question for investors is whether the renewables vertical extension and any embedded sensing/AI capabilities can scale the business beyond its legacy aquaculture/fisheries footprint.
OTAQ firmographics
Firmographics- Name
- OTAQ
- Website
- https://otaq.co.uk
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- OTAQ is a UK-based public technology company that manufactures high-technology products and solutions for the aquaculture, fisheries, and renewables industries, serving operators in these marine and clean-energy verticals from its Oban headquarters.
- Ownership category
- akta.pro rank
OTAQ industry classification
Industry- Product category
- Aquaculture Technology
- NAICS
- Other Aquaculture (112519)
- SIC
- Special Industry Machinery, Nec (3559)
- akta.pro primary industry
- Aquaculture Health, Biosecurity & Veterinary Services (AFAEAAAK)
Keywords
Where OTAQ is headquartered
LocationHeadquarters
- HQ city
- Lancaster
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
OTAQ business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Supply Chain
OTAQ product offering
Product offeringCore offering
OTAQ manufactures high-technology products and solutions for the aquaculture, fisheries, and renewables industries. The company produces technical hardware and equipment serving these marine and clean-energy sectors from its headquarters in Oban, United Kingdom.
Differentiator
Problem solved
Functional benefit
Companies that use OTAQ
Customer profileIdeal customer profiles3 records
OTAQ technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OTAQ partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights4 records
OTAQ competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks4 records
Key highlights5 records
Customer concentration
OTAQ financial estimates
Financial estimateRevenue estimate
Valuation estimate
OTAQ leadership team
Management profileNumber of profiles
Profiles2 records
OTAQ funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OTAQ M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OTAQ
What does OTAQ do?
OTAQ manufactures high-technology products and solutions for the aquaculture, fisheries, and renewables industries. The company produces technical hardware and equipment serving these marine and clean-energy sectors from its headquarters in Oban, United Kingdom.
When was OTAQ founded?
OTAQ was founded in 2015. It employs 11 to 50 people.
Where is OTAQ based?
OTAQ is headquartered in Lancaster, United Kingdom, in the Europe region.
Does OTAQ have an API?
No public API is recorded for OTAQ.
What industry is OTAQ in?
OTAQ's product category is Aquaculture Technology. Its primary akta.pro industry code is AFAEAAAK, Aquaculture Health, Biosecurity & Veterinary Services. Its NAICS code is 112519 and its SIC code is 3559.