"Blue growth"  as a concept refers to the sustainable use of ocean resources for economic growth, improvement of livelihoods through the creation of jobs all while preserving the healthy  ocean ecosystems. Both North America and the European Union (EU) have developed comprehensive blue growth strategies to harness the economic potential of their marine and maritime sectors. These strategies emphasize innovation, sustainability, and the protection of marine environments. VoltSafe’s cutting-edge technology  is poised to play a significant role in supporting these strategies on both sides of the Atlantic.

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North America's Blue Growth Strategy

North America's blue growth strategy is focused on sustainable fisheries, aquaculture, renewable energy, marine biotechnology, and coastal tourism. Here’s a closer look at each of these sectors.

1. Sustainable Fisheries and Aquaculture: It is no secret that the demand for food is increasing. This includes the demand for seafood. The ability to meet that demand while  ensuring the long-term viability of fish stocks is important to prevent overfishing which affects food security.  Sustainable fishing  uses science-based management practices and promotes sustainable aquaculture to meet growing seafood demand.

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2. Marine Renewable Energy: Investing in offshore wind, wave, and tidal energy to diversify energy sources will help reduce carbon emissions. It will also support the transition to electrification by providing more access to electricity. 

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3. Marine Biotechnology: Marine biodiversity can be leveraged for pharmaceuticals, nutraceuticals, and other bio products which are necessary to provide access to affordable medicine and help fight illnesses. 

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4. Coastal and Marine Tourism: Sustainable tourism practices  benefit local economies while protecting marine ecosystems. Protecting the water and marine life and ecology is important to sustain marine and coastal tourism into the future.

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The EU's Blue Growth Strategy

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The EU's blue growth strategy is similar to the North American strategy with one addition, seabed mining.

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With the increase in demand for rare earth materials, extraction of minerals from the ocean floor needs to be conducted in a sustainable manner without destruction or degradation to the marine environment.

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VoltSafe's Role in Blue Growth

In order to meet the sustainability goals of the blue growth movement, VoltSafe’s hardware and software is uniquely positioned to power EV vessels, drones and autonomous vessels that will be used in sectors that are a part of the  blue growth strategies of both North America and the EU.  There has been huge interest from the marine industry in both regions leading to  invitations to present its marine shore power system VoltSafe Marine at  COVE  (Canada’s leading marine innovation trade show),  IBEX, (the largest marine show in the U.S.)  Metstrade (Europe’s largest marine industry conference),  The Docks Expo, ABCMI  and VMCC conferences.   

VoltSafe's patented electrical connection technology can enhance the safety and efficiency of marine renewable energy installations. The connectors are designed to withstand harsh marine environments. By providing robust and secure electrical connections, VoltSafe can help support infrastructure that is required for these sectors to transition to operations that rely on electricity, contributing to both regions' energy transition goals.

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The technology can support sustainable aquaculture operations by providing safe and reliable electrical connections for vessels,  equipment, such as feeding systems, sensors, and monitoring devices. This can improve the efficiency and productivity of aquaculture farms, ensuring a steady supply of seafood while minimizing environmental impacts.

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In the Marine Biotechnology and Research sector VoltSafe's solutions can not only provide reliable power for vessels and  submersibles, remote sensors but laboratory equipment as well. This can aid in the discovery and development of new marine-derived products and technologies, advancing both regions' blue biotechnology sectors.

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VoltSafe is currently conducting pilot programs with local marinas to support the recreational boating industry. This can be expanded to support coastal and marine tourism vessels.

VoltSafe's commitment to safety and sustainability aligns with the environmental goals of blue growth strategies. The connectors are designed to prevent electrical faults and reduce energy consumption, contributing to the protection of marine ecosystems. 

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As North America and the EU continue to implement their blue growth strategies, the integration of innovative technologies will be crucial to achieving their goals. VoltSafe, with its patented electrical connection solutions, is well-positioned to play a vital role in supporting sustainable marine and maritime activities. By enhancing the safety, efficiency, and sustainability of marine operations, VoltSafe can help unlock the full potential of the blue economy, ensuring a prosperous and sustainable future for ocean resources on both sides of the Atlantic. VoltSafe Inc. is currently running a campaign on FrontFundr seeking funding to support the demand for their marine shore power system VoltSafe Marine. The company has several PO’s waiting to be fulfilled and the funds from this campaign will help the company expand its offering to marinas on the waiting list for installations.

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