New Markets Tax Credit Coalition

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Ocean Aero Inc.

Investment

  • NMTC Amount: $5,000,000
  • Total Project Cost: $13,790,849

IMPACT

  • 104 FTE jobs
  • 65 jobs created and 39 jobs retained.

Investor

Project Description

Ocean Aero, Inc. (“OA”) is an award-winning autonomous ocean drone platform. The key markets include defense and security (intelligence, surveillance, and data), science and research (oceanography and meteorology data collection), and energy (pre-drill analysis, leak detection, monitoring). This project provided Ocean Aero with the capital needed to support planned hires and allow the company to execute on current purchase orders.

MAP

Address: 53 E Pier Rd, Gulfport, MS 39501

Census Tract: 28047001402

Site Visits

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