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Ocean Engineering & Design

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www.seadiscovery.com NEW YORK118 E. 25th St., New York, NY 10010 Tel: (212) 477-6700; Fax: (212) 254-6271 FLORIDA215 NW 3rd St., Boynton Beach, FL 33435Tel: (561) 732-4368; Fax: (561) 732-6984 PUBLISHERJohn C. O'Malleyjomalley@ marinelink.comAssociate Publisher & EditorGregory R. Trauthwein trauthwein@ marinelink.comContributing EditorsCapt. Edward Lundquist, USN (Ret.)  Steve WithrowClaudio Paschoa  Andrew SaferProduction ManagerIrina Tabakina tabakina@ marinelink.comSales Administration & Office Manager Rhoda Morganmorgan@ marinelink.comSales & Event Coordinator Michelle Howard mhoward@ marinelink.comManager, Accounting Services Rhoda Morganmorgan@ marinelink.comManager, Public Relations Mark O?Malleymomalley@ marinelink.comManager, Marketing Jocelyn Redfernjredfern@ marinelink.comManager, Information Technology Services Vladimir Bibikbibik@ marinelink.comCIRCULATION Kathleen Hickeymtrcirc@ marinelink.comADVERTISING Vice President, Sales and MarketingRob Howardhoward@ marinelink.comTel: (561) 732-4368  Fax: (561) 732-6984 Advertising Sales ManagerLucia M. Annunziataannunziata@ marinelink.comTel: (212) 477-6700  Fax: (212) 254-6271 Mike Kozlowskikozlowski@ marinelink.comTel: (561) 733-2477  Fax: (561) 732-9670 JapanKatsuhiro Ishii  amskatsu@ dream.comTel: +81 3 5691 3335  Fax: + 81 3 5691 3336 For as complex, unique and technologically advanced as this industry is, it is similar to others in that it faces a number of challenges to ensure its long-term success. The technological challenges are somewhat obvi- ous and numerous, centered on the ability to work more efficiently and effectively in one of the most hazardous and challenging spaces on earth, including the need for improved ?vision?, communication and sustainability underwater. The non-technical challenges are similarly numerous and difficult, from increasing the education and interest of the younger generation to a life of science and engineering, to finding the means to grow the market to enhance the economies of scale, particularly as it relates to profitable creation, manufacture and production of highly technical products and systems in ever greater numbers. That?s why when I see something like ?Project Shiphunt,? illustrated on the cover with a corresponding article on page 18, it is personally exciting. I realize that it is but a minute microcosm of the industry and its potential, but ?Project Shiphunt? wraps into one neat ball a glimpse of what could be on a larger scale. It combines the deep pockets and breadth of market that only corporations (Sony & Intel) can; it triggers the interest and creativity of youth, in this case five high school students from Michigan; it showcases impressive new technologies (3D filming and subse- quent 3D computer modeling) that could be of benefit across the subsea technolo- gy landscape; and it includes the interest and expertise of leading organizations (NOAA & WHOI) from government and academia to lend direction, scope and credibility. Reading further into this edition, specifically the Unmanned Maritime System market report starting on page 24 ? a report that estimates the UMS market to be worth $7B between 2012 and 2020 ? and you can start to see in part where these future talents and technologies could be put to work. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the pub- lishers.Marine Technology Reporter ISSN1559-7415is published monthlyexcept for February, August, and December by New Wave Media, 118 E. 25th St., New York, NY 10010- 2915. Periodicals Postage at NewYork, NY and additional mailing offices. POSTMASTER: Send address changes to MARINE TECHNOLOGYREPORTER, 118 E. 25th St., NewYork, NY 10010-2915. Postmaster send notification (Form3579) regarding undeliverable magazines to MarineTechnology Reporter, 118 East 25th Street, New York, NY 10010. Publishers are not responsible for the safekeeping or return of editorial material. ©2011 New Wave Media.118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271Vol. 54 No. 8 ISSN 1559-7415USPS# 023-276www.seadiscovery.com MemberGregory R. Trauthwein  trauthwein@ marinelink.com  tel: 212-477-6700 Subscription: To subscribe please visit www.seadiscovery.com/subscribe editorial6MTROctober 2011(Photo Credit: Mike Postons - Fourth Element/3deep)MTR#8 (1-17):MTR Layouts 10/11/2011 1:21 PM Page 6

Marine Technology

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.