DeepVerge PLC named for ‘world’s first’ salt marsh carbon project in US

DeepVerge has been awarded a two-year environmental monitoring and remediation contract with environmental technology company MotherSea for its Blue Carbon Resilience project.

Focused on the Georgia and South Carolina coasts, the contract is worth a total of £2.4 million and will be conducted at several salt marsh sites owned and managed by the Georgia Ports Authority and the National Oceanic and Atmospheric Administration.

Development work on this project has been underway since the first half of the year, DeepVerge said, and payment for microbiome testing and software license fees will occur this fiscal year.

Works revenue will be split between £0.8m in the current financial year and £1.6m in 2023.

DeepVerge added that several of its divisions are involved, from Labskin providing environmental microbiome analysis; monitoring and membrane technology and equipment from Modern Water and software analytics and AI from Rinocloud.

Gerard Brandon, CEO of DeepVerge, said, “This is the largest deployment of our EcowaterOS initiative, which launched in February 2020 and envisioned a comprehensive solution for managing an aquatic ecosystem.

“The planet’s ability to sequester carbon is part of its survival and the Blue Carbon Resilience project is a giant leap in creating a comprehensive solution for monitoring a complex ecosystem to empirically prove its ability to sequester carbon. .”

Ross Walker MotherSea’s Chief Operating Officer, added: “This is a groundbreaking project. A world first, which will set new standards and methodologies for vital salt marsh habitats.

“The approach being deployed is fully scalable to over 13 million acres internationally and is supported by many leading organizations in marine climate affirmative action.”

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