Artificial intelligence firm’s expansion creates new jobs
An artificial intelligence (AI) company with offices in Exeter and Plymouth has created 10 jobs after recently expanding. Exeter Science Park-based Marine AI specialises in AI software that is designed to enhance maritime capabilities above and below the water.
Its computer systems analyse data from sensors, cameras and other sources to make decisions and assist in various tasks at sea, including detecting and avoiding obstacles, optimising routes to save fuel or aiding with docking or manoeuvring in tight spaces.
The company, which recently moved to a larger office at Exeter Science Park, has 25 employees and expects to hire 10 more over the next 12 months, most of whom will be based in Exeter.
Matthew Ratsey, managing director of Marine AI, said: “We’re delighted to have such a responsive partner in Exeter Science Park allowing us to grow and expand, providing high quality office space and flexibility to move in this fast moving market.
“In addition, being based at the Science Park supports our recruitment aims, placing us closer to the University of Exeter and its talented graduates.”
Marine AI is a subsidiary of Plymouth based MSubs – itself is a subsidiary of US based Submergence Group – which designs, builds and operates submersibles and underwater systems primarily for the US and Royal Navy.
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Marine AI’s UK projects have included the design and implementation of software deployed on Mayflower – the autonomous vessel which successfully crossed the Atlantic in 2022.
Jason Buck, senior business development manager at Exeter Science Park, added: “We’re delighted to support Marine AI with its growth and subsequent move to larger office space at Exeter Science Park. As an organisation we aim to stimulate a knowledge-based economy, delivering better jobs, higher productivity and economic growth for the region and the progress of companies like Marine AI contributes to that aim.”
