What We Do

OTV works with industry leading companies to move cutting edge technology into their pipeline. By leveraging our deep experience, global network, and passion we move impactful technology into the market, creating successful companies, or empowering corporate partners through technology acquisition. The firm also backs entrepreneurs who have unique insight into a specific market need, and pairs them with industry disrupting technology developed at Oceanit.

Dr. Patrick Sullivan
Founding Partner

Patrick founded Oceanit in 1985, a self-funded ‘Mind to Market’ company that produces home-grown research, development and engineering. Oceanit has created cutting-edge innovations in the fields of aerospace, oil & gas, nanotechnology and optics, as well as technology for missile defense, advanced manufacturing, and others that are the subject of numerous reports, patents and research programs.

Dr. Vinod Veedu
Venture Partner

Vinod is an active researcher of nanocomposite materials, focused primarily on developing multifunctional nanostructures and hybrid platforms for diverse industry applications. Dr. Veedu has more than 25 approved/pending US patents and his works have received wide acclaim in the nanotechnology community; including entering The Guinness Book of World Records for creating the world’s smallest nanobrush.

Ian Kitajima
Venture Partner

Ian has helped to raise millions in defense and government research funding; recruited the human talent to move Oceanit into new areas, such as nanotechnology, design thinking, and artificial intelligence. He has spun-off the three venture-funded companies from Oceanit and has a background in starting companies focused in wireless software systems and global consumer marketing.

Matthew Sullivan
Venture Partner

Matthew is an entrepreneur and designer who founded a successful technology startup out of Stanford University in 2011. Previously he was a designer at the design consultancy IDEO, worked in venture capital, and currently advises startups as a mentor at 500 Startups while teaching classes in design and entrepreneurship at Stanford.

Pioneering a new model of innovation

Moving disruptive technology into the market is very difficult for any organization. Oceanit’s unique “FAST” process enables our teams to shepherd technology from the research lab to field trials to scalable manufacturing and production. Throughout this journey we practice human-centered design thinking, a creative approach to problem solving, that begins with understanding customer “pain points” and arrives at solutions tailored to meet organizational and technical needs.

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Meet Our Technologies

Get to know the technologies that the OTV team is developing and deploying around the world

ASSURE Rapid Tests

ASSURE stands for Accelerated Sensor Solution for Urgent Response to Epidemics. It is a rapid swab test for Covid-19 that can deliver results in just a few minutes and can be done anywhere with no delays and no labs or special processing. Rapid, regular infectiousness tests can enable a safer reopening for schools, airports, businesses, events, and the economy.

Visit ASSURE-test.com


Super Cool Vest is an ergonomic, light weight garment that provides extremely efficient heat extraction from the body without hampering full freedom of movement. The advanced tube materials developed by Oceanit, extract heat in conjunction with the body’s physiological responses, avoiding over-cooling that triggers vasoconstriction, inhibiting heat loss.

Visit Supercoolvest.com


Scanite smart sensing cement delivers the future of digital well integrity monitoring. The smart, acoustically-responsive cement technology gives analysis and notification of cement integrity and bonding, contamination of placed cement, and mechanical stresses on the well. This invaluable well integrity data on cement stresses is captured using existing acoustic logging tools.

Visit Scanite.io


BlastNinja is a state-of-the-art abrasive blasting nozzle that reduces noise output  while maintaining abrasive strength. The Blast Ninja nozzles wer developed to solve a series of challenges that have impacted the health, safety, and happiness of industrial workers who regularly encounter high-decibel noise levels throughout their day.

Visit BlastNinja.com


In collaboration with Shell, Oceanit developed Steel-Cement Interfacial Nanobond, SCIN: a nanotechnology treatment that chemically modifies the surface of steel to achieve superior interfacial bond strength between steel and cement. SCIN creates a hydrophilic, water-loving, surface which build this superior uniform steel-cement bond.

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AeroPel is an advanced, icephobic surface treatment that actively prevents ice nucleation and reduces ice adhesion strength by orders of magnitude below any other available icephobic coatings. AeroPel also protects the treated substrate from atmospheric and galvanic corrosion in harsh environments such as humid and marine regions.

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ULTRA, Underwater Transmission and Reception Application, is a revolutionary laser communication system for high band-width, subsea IoT. Using point-to-point, tight-beam lasers to enable high-bandwidth wireless communications, we are enabling gigabit bandwidth communications and real-time monitoring of wide-band data.

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EverPel is an omniphobic surface treatment that imparts valuable functional properties to masonry, ceramic, metallic, and other substrates. EverPel is both hydro- and oleo-phobic and can protect treated surfaces in corrosive environments, high-pressure/temperature conditions, and under adverse weather exposure.

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HeatX is a fouling & corrosion-preventing surface treatment, specifically developed for heat exchangers and condensers. It is designed for performance under extreme conditions while being non-insular. It reduces maintenance and costs by repelling biofouling and preserving heat transfer efficiency.

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DragX is an in-situ friction-reducing surface treatment for pipeline rehabilitation.  DragX is effective in pipelines at a fraction of the thickness of conventional epoxy coatings, while reducing pipe wall friction, preventing corrosion, and repelling adhesion & deposition of unwanted debris and impurities.

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FoulX Oceanit Tech Ventures

FoulX is an ecologically-friendly bottom coat for vessels of all shapes and sizes. Water-based, with no VOCs, no heavy metals, and no biocides, FoulX repels and releases biofouling in both fresh and saltwater environments. The nano-structure of FoulX allows fouling to fall away from hull surfaces with extreme ease.

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Ibis Networks

Ibis Networks, now rebranded as WattIQ is a leader in energy management solutions for commercial enterprise. InteliSockets™ are patented wireless mesh devices that retrofit on electrical outlets and create an encrypted network of secure, real-time monitoring, AI-powered, remote control devices plugged into the network.

Visit Ibis's website

Hoana Medical

Hoana Medical is an Oceanit spin-off, revolutionizing sensing systems for physiological monitoring. Hoana’s systems monitor heart rate and variability along with respiratory rate via non-invasive sensors. The patented sensor system reports on the physical health and emotional state of the person being monitored.

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Nanopoint Inc. was spun-off to revolutionize cancer research by enabling live cell imaging at nanometer resolution. Nanopoint developed unique experimentation systems – its microfluidics platform enabled multi-day experimentation in a controlled environment to provide greater precision, repeatability, and efficiency.

Visit Nanopoint


‘ioView a computer vision AI for rapid damage assessment. The AI reviews image or video data captured after disasters to identify damage versus intact infrastructure – quickly, over large areas. Processed data is used to position personnel and resources to the most critical areas, saving time, effort, and potentially lives.

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We partner with companies around the globe to develop groundbreaking technologies

Oceanit is a global innovation company founded in 1985. We are a skilled group of scientists, engineers, and entrepreneurs who take pride in solving some of the world’s most challenging technical problems. We transition deep science into innovative products, services, and experiences.

Oceanit practices a proprietary method we call Intellectual Anarchy™ that reimagines how a business can innovate; breaking silos, transcending disciplines, and cross-pollinating ideas and expertise. We create breakthrough ideas, insights, and discoveries as an interdisciplinary force.

OTV Partners

About Oceanit

Oceanit is a ‘Mind to Market’ company that employs a unique discipline to move fundamental scientific breakthroughs from the lab to the market.

Get In Touch

Contact us to learn more about and to work with Oceanit Technology Ventures and our breakthrough technologies.

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    Phone: +1 808 531 3017
    Fax: +1 808 531 3177


    828 Fort Street Mall, Ste 600
    Honolulu, Hawaii