SeaStock
01/08/2024
SeaStock is thrilled to announce that it has been named a finalist in Western Australia’s prestigious Innovators of the Year (WAIOTY) awards for 2024! This recognition places SeaStock among some of the most innovative companies in Western Australia.
This year, the WAIOTY awards have seen a record number of applications, highlighting the growing spirit of innovation across WA. Applications reached an all-time high of 89, spanning a diverse range of industries. The judges have now narrowed this impressive field down to 19 finalists, a significant increase from last year’s 74 applications and 17 finalists.
SeaStock is proud to be a finalist in the Rio Tinto Emerging category alongside remarkable companies including VetChip, Tape Ark, AMLab, RaptorTech, Protect Devices, Materia Health, Hermes and Soteria, and fellow seaweed innovators at Uluu. This diverse group represents the cutting-edge of innovation, pushing boundaries and setting new standards across various sectors.
Winners in each category will share an increased prize fund worth $240,000, with each category winner taking home $60,000. Additionally, there will be prize funds for two runners-up and three platinum award categories. The winners will be announced at the awards ceremony in October.
As SeaStock moves forward, the company remains dedicated to driving innovation and sustainability in its field. Being named a finalist in the WAIOTY awards reinforces SeaStock’s resolve to continue developing cutting-edge seaweed-based solutions that contribute to a greener future.
Tom Puddy, Managing Director of SeaStock, commented, “We are honoured to be recognised among such a distinguished group of innovators. This nomination is a testament to our recent achievements in Asparagopsis extraction and cultivation, solidifying our role as leaders in the seaweed industry. Our success in pharmaceutical-grade pigment extraction and the isolation of bromoform exemplifies the efficacy of our dual extraction technology, highlighting our commitment to providing cost-effective and sustainable solutions for the agricultural sector. I’d like to extend a personal congratulations to all of the finalists nominated and we look forward to seeing them at the awards ceremony in October.”
For more information about the WAIOTY awards and the New Industries Fund, please visit the New Industries Fund: Western Australia’s Innovators of the Year page – https://www.wa.gov.au/organisation/department-of-jobs-tourism-science-and-innovation/western-australias-innovators-of-the-year-2024-application-information