SafetyNet Technologies uses light emitting devices (PISCES) to help fishermen catch the right fish and tackle some of the biggest issues facing the commercial fishing industry, bringing about ecological and environmental benefits. At present, 1 out of every 5 fish caught is unmarketable, endangered or too small to land legally, leading to 27million tons of fish wasted every year globally.
SafetyNet technologies has developed products that can lower bycatch by 90% and improve fishing revenues by up to 20% -- saving more fish, helping fishermen, and protecting an increasingly essential food source now and for the future.
SafetyNet has further development plans for PISCES, which will include capturing data that will be useful for fishermen, regulators, scientists, and others, as well as having successful outcomes from partnerships with Global Ghost Gear Initiative (GGGI) and other environmental organisations where the company can help track waste and minimise on it.
Commonwealth First will work with SafetyNet Technologies to save billions of fish per year and millions in revenue for fishermen and help the organisation expand into Commonwealth markets in order to make a larger social and environmental impact.