finalist in the business impact –achieved · pdf filegillian mcfadzean, director of...

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Autonomous inspection of subsea telecommunication cables, power cables and pipelines (AUTOTRACKER) is the first such commercial inspection that uses an Autonomous Underwater Vehicle (AUV), and the only one using a low logistic 2 man portable AUV. Damage to subsea cables and pipelines (due to a range of activities) could lead to the shut-down of critical supply or communication lines and, occasionally, to environmental disaster. An AUV equipped to undertake inspection of these installations would lead to major improvement in the early detection and prediction of faults. Although AUV systems were already commercially available their main limitation in this role was that of inadequate target acquisition and tracking capability. Innovation The company was founded on the principal of ongoing collaboration with Heriot Watt University (HWU), and AUTOTRACKER was recognised as a technology that could be transitioned for use in offshore energy, power distribution and naval applications. The intellectual property for the AUTOTRACKER project was secured by Heriot Watt and SeeByte Ltd. Under the ongoing licensing terms originally negotiated by Research and Enterprise Services at Heriot Watt and SeeByte and incorporated into the shareholders agreement, Autotracker was duly licensed, and industrial support gained from BP and Subsea7 for a series of technology de-risking activities, including offshore trials. From this AUTOTRACKER took its place within the SeeTrack family of solutions. Knowledge transfer The project demonstrates the implementation of Heriot Watt’s knowledge transfer strategy, particularly the flow of intellectual property from the University into a spin-out company and the return to the University of extra revenue generating through collaborative research and licensing. Through employment of HWU graduates and licensing of the follow-on IP, SeeByte and the University have established extremely effective mechanisms for delivering innovation into practice. The strategy behind the organic growth of SeeByte is now well established within HWU, where spin- outs focus from a very early stage on generating revenue and funding further product development through grant funding and sales income. Impact The project has achieved significant impact by sustaining a high tech company. SeeByte Ltd, spun out from Heriot Watt in 2001 to commercialise autonomous inspection solutions in offshore energy and naval markets. In the ensuing 10 years SeeByte has become a world leader in the field of smart solutions for autonomous vehicles, now employing over 40 full time staff, profitably turning over $5 million with cash reserves, and up to 75% of revenues generated from export sales, principally in the US. In 2011 the University and SeeByte have signed three additional licence agreements covering 14 new technologies, enabling SeeByte to secure a major contract. Key points The first commercial system for inspection of pipelines available, using an Autonomous Underwater Vehicle (AUV) Reduces the risk of critical supply or communication shut-down, or environmental disaster Demonstrates implementation of knowledge transfer strategy Now world-leading in its field with $5 million turnover, and export sales 75% of revenues. Three additional licence agreements, covering 14 new technologies Primary team Dr Olga Kozlov, Enterprise Creation Manager, Heriot Watt University Professor David Lane, Founder and Direcotr of SeeByte Ltd Professor Yvan Petilot, Director of SeeByte Ltd Gillian McFadzean, Director of Enterprise and Research Services, Heriot Watt University Robert Goodfellow, Knowledge Exchange Executive, Heriot Watt University FINALIST IN THE BUSINESS IMPACT ACHIEVED CATEGORY Autonomous Inspection of subsea cables and pipelines from SeeByte Ltd/Heriot Watt University 11 poster3_Layout 1 24/05/2011 15:59 Page 1

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Page 1: FINALIST IN THE BUSINESS IMPACT –ACHIEVED · PDF fileGillian McFadzean, Director of Enterprise and Research Services, Heriot Watt University Robert Goodfellow, Knowledge Exchange

Autonomous inspection of subsea telecommunication cables,power cables and pipelines (AUTOTRACKER) is the first suchcommercial inspection that uses an Autonomous UnderwaterVehicle (AUV), and the only one using a low logistic 2 man portableAUV. Damage to subsea cables and pipelines (due to a range ofactivities) could lead to the shut-down of critical supply orcommunication lines and, occasionally, to environmental disaster.An AUV equipped to undertake inspection of these installationswould lead to major improvement in the early detection andprediction of faults. Although AUV systems were alreadycommercially available their main limitation in this role was that ofinadequate target acquisition and tracking capability.

Innovation

The company was founded on the principal of ongoingcollaboration with Heriot Watt University (HWU), andAUTOTRACKER was recognised as a technology that could betransitioned for use in offshore energy, power distribution and navalapplications. The intellectual property for the AUTOTRACKER projectwas secured by Heriot Watt and SeeByte Ltd. Under the ongoinglicensing terms originally negotiated by Research and EnterpriseServices at Heriot Watt and SeeByte and incorporated into theshareholders agreement, Autotracker was duly licensed, andindustrial support gained from BP and Subsea7 for a series oftechnology de-risking activities, including offshore trials. From thisAUTOTRACKER took its place within the SeeTrack family of solutions.

Knowledge transfer

The project demonstrates the implementation of Heriot Watt’sknowledge transfer strategy, particularly the flow of intellectualproperty from the University into a spin-out company and thereturn to the University of extra revenue generating throughcollaborative research and licensing. Through employment of HWUgraduates and licensing of the follow-on IP, SeeByte and theUniversity have established extremely effective mechanisms fordelivering innovation into practice. The strategy behind the organicgrowth of SeeByte is now well established within HWU, where spin-outs focus from a very early stage on generating revenue andfunding further product development through grant funding andsales income.

Impact

The project has achieved significant impact by sustaining a hightech company. SeeByte Ltd, spun out from Heriot Watt in 2001 tocommercialise autonomous inspection solutions in offshore energyand naval markets. In the ensuing 10 years SeeByte has become aworld leader in the field of smart solutions for autonomous vehicles,now employing over 40 full time staff, profitably turning over $5million with cash reserves, and up to 75% of revenues generatedfrom export sales, principally in the US. In 2011 the University andSeeByte have signed three additional licence agreements covering14 new technologies, enabling SeeByte to secure a major contract.

Key points

• The first commercial system for inspection of pipelinesavailable, using an Autonomous Underwater Vehicle (AUV)

• Reduces the risk of critical supply or communication shut-down, or environmental disaster

• Demonstrates implementation of knowledge transfer strategy

• Now world-leading in its field with $5 million turnover, and export sales 75% of revenues. Three additional licenceagreements, covering 14 new technologies

Primary team

Dr Olga Kozlov, Enterprise Creation Manager, Heriot Watt University

Professor David Lane, Founder and Direcotr of SeeByte Ltd

Professor Yvan Petilot, Director of SeeByte Ltd

Gillian McFadzean, Director of Enterprise and Research Services,Heriot Watt University

Robert Goodfellow, Knowledge Exchange Executive, Heriot Watt University

FINALIST IN THE BUSINESS IMPACT – ACHIEVED CATEGORY

Autonomous Inspection of subsea cables and pipelines from SeeByte Ltd/Heriot Watt University

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