July 23, 2021 — The Gulf of Maine Research Institute (GMRI) has sold New England Marine Monitoring, Inc. (NEMM) to Vesper Company.
NEMM is a leader in video electronic monitoring technology and services for fisheries. Its technology solutions lower the cost of monitoring relative to traditional human at-sea monitors and also improves data quality. Founded by Mark Hager, NEMM was one of GMRI’s first ventures to support and grow the region’s waterfront economy and ocean technology markets. Now, thanks to the sale to Vesper Company, a private firm that partners with entrepreneurs, NEMM will be able to grow its service to New England’s fishing fleet and develop its technology platform.