....FRESHLY CAUGHT

Raceix has just signed a very significant MOU with a leading Chinese partner - Innocare. This gives us access, insight and enormous opportunities within a market with the largest potential for growth in the world. We’ve now commenced exploring how different elements within our technology solution can be applied to key internal Chinese sectors.

Following the successful European announcement of Raceix product 'BoatingOS' (see post below) in January, the lead management team traveled to Miami recently to make a similar announcement to the key US market.

Image shows the main Raceix team with Luca Brancaleon (centre), Director General of Beneteau

Ahead of our BoatingOS launch to the US market, our core team spent a number days at our Savannah base meeting with our good friends at Savannah Economic Development Authority as well as conducting high-end meetings with both SCAD and Georgia Southern University to discuss graduate hires for our next stage of growth in the region.

BlueInvest Day - an initiative of the European Union - brought together innovators, entrepreneurs, investors, corporates and enablers with the objective of generating real momentum in the marine space. Raceix were delighted to be in attendance and used the opportunity to engage fully with the process.

Image shows, L-R, Aidan Foley (CEO Raceix), Philip Easthill (Secretary General, EBI) and Vicki O'Donnell (Head of Marine Data, Raceix)

Raceix/BoatingOS are delighted to announce that we are now ASSOCIATED PARTNERS of the European Marine Observation and Data Network (EMODnet).

A game-changing experience for everyone on board, built on the world’s best marine guidance platform. That’s the promise of ‘BoatingOS’, a major new initiative by Irish marine technology company, Raceix, in association with Beneteau, their global development partner.

Based in ArcLabs in WIT, this initiative aims to drive the growth of digital startups nationally. NDRC sources and builds digital startups to invest in and work with, providing them with an integrated offering of knowledge, experience, expertise and a modest amount of capital to enable them to become investor-ready faster, more successfully and more efficiently than otherwise. Raceix are delighted to be part of this programme and hope to follow the successes of other previous participants.

We're delighted to welcome two key new members on board the good ship Raceix. Both are now part of our growing core team. Sam Santi is our CTO and is currently delivering alchemy along with building out our in-house engineering team. Vicki O'Donnell - Head of Data - would rather be running across mountain-tops with her dog, but (thankfully) she also loves chasing the world to find the types of data-sets which will drive the super-rich experience of our solution.

Following significant recent momentum, industry buy-in, and key achievements in our R&D pathway, we've just formally opened a seed-funding round. This activity will be spread across investment funds in Ireland and the USA.

Raceix is all about highly intuitive software - that's where we live. However, we need hardware to deliver it and because the tech we need doesn't currently exist in the boats of our customers, we need to also deliver our own hardware into the marine-leisure space.

Raceix were delighted to attend and engage with the KPMG 'Go-Global' event which took place in Boxworks, Waterford on March 27th.

One of the world’s leading and most respected boat manufacturers, BENETEAU, has announced a Development Partnership Agreement (DPA) with Irish marine technology company Raceix at the Miami International Boat Show.

South-East company ‘Raceix’ have just announced the establishment of their American headquarters in Savannah, Georgia, and have praised ‘Tradebridge’ for their assistance and support in making the move possible. Tradebridge is an innovative collaboration between Wexford Enterprise Centre, Wexford County Council, Savannah Economic Development Authority and World Trade Centre, Savannah. It’s also fully supported by Enterprise Ireland and Wexford Chambers.

The International Council of Marine Industry Associations (ICOMIA) is the international trade association representing the global marine industry since 1966. Their membership comprises the leading national marine federations of all the major boating countries in the world, plus a number of key private companies and organisations. With just under 100 member companies and associations they represent pretty much the entire global marine leisure sector which contains thousands of companies and hundreds of thousands of employees.

We were delighted to be asked to share our business journey as part of a three-person panel for the ProtoAtlantic group in University College Cork. The panel consisted of ourselves, Ger Goold (Partner & COO of Kernel Capital) and Ray Alcorn (Founder of Exceedence). ProtoAtlantic is an Interreg body which aims to encourage innovation in the maritime sector. It's being led by organisations in Spain, Portugal, France, Scotland and Ireland.

The 8th International M-Tourism Day, organised by Telecom Valley, took place on October 16th at Pôle Culturel Auguste Escoffier in Villeneuve-Loubet, France, and the EBI was represented at this prestigious event by a talk entitled ‘Welcome to Smart Boating’ given by Aidan Foley of EBI Sustaining Member ‘Raceix’.

At the recent Enterprise Ireland 'New Frontiers' annual showcase for the South-East, Raceix were delighted to be awarded 'Best Business Plan'.

Having recently completed Phase 2 of the Enterprise Ireland 'New Frontiers' programme, we were delighted to be invited to maintain our relationship with the Irish Government's agency responsible for supporting Irish business by moving forward into Phase 3 of their entrepreneur development programme.

The European Boating Industry (EBI - of which we are a member), the International Council of Marine Industry Associations (ICOMIA) and the National Marine Manufacturers Association (NMMA) warn about the consequences of a trade war for the recreational boating sector.

This morning the cream of Ireland's South East gathered in Waterford Museum to celebrate the strength of the region's growing excellence in the tech sector.

The AGM of the European Boating Industry was recently held at Europe's largest boat show - Boot Dusseldorf - and Raceix were honoured to have been voted in as their very first 'Sustaining Member'

New Frontiers is Ireland’s national entrepreneur development programme, delivered at local level by Institutes of Technology and funded by Enterprise Ireland.