Innovasea Purchases Current Office and Manufacturing Facility in Bedford, Nova Scotia

Angus Morton Drive building features 43,600 square feet of mixed-use space

 

BOSTON – Innovasea, a global leader in technologically advanced aquatic solutions for aquaculture and fish tracking, announced today the purchase of 20 Angus Morton Drive, its existing office and manufacturing facility for its fish tracking and aquaculture intelligence divisions.

Terms of the deal were not disclosed.

Built in 2012, the two-story building features 43,600 square feet of space – a mix of company offices and meeting rooms along with light manufacturing on the first floor. Innovasea has been the sole tenant there since 2013.

“The Bedford facility has been the ideal site for us to manufacture our best-in-class fish tracking and aquaculture intelligence products,” said David Kelly, CEO of Innovasea. “The opportunity to transition from tenant to owner made financial sense for a host of reasons and will also give us full control over how we can use the building going forward.”

Headquartered in Boston, Innovasea employs 135 people at the Bedford site – nearly 55 percent of its 250-person workforce.

The Bedford building is where Innovasea makes its groundbreaking acoustic telemetry solutions for aquatic animal research and builds wireless environmental monitoring tools that give fish farmers unprecedented real-time visibility into their operations.

Innovasea’s open ocean aquaculture pens are manufactured in Maine and Mexico.

About Innovasea
Fueled by leading-edge technology and a passion for research and development, Innovasea is revolutionizing aquaculture and advancing the science of fish tracking to make our oceans and freshwater ecosystems sustainable for future generations. With 250 employees worldwide, we provide full end-to-end solutions for fish farming and aquatic species research – including quality equipment that’s efficient and built to last, expert consulting services, and innovative platforms and products that deliver unrivaled data, information and insights.

Learn more at Innovasea.com and follow us on LinkedIn and Twitter.