SM8’s Clever Buoy technology now commercially viable

Published at May 19, 2016, in Technology

Shark Mitigation Systems (ASX:SM8) today announced that its Clever Buoy shark detection and response technology is now commercially viable.

Following the successful completion of extended trials at Bondi Beach, with the support of the New South Wales Government, Clever Buoy is now ready to be rolled out beyond Bondi’s borders.

The pre-commercialisation trial was conducted from February to April and since completion of the trial Shark Mitigation Systems has been invited by several councils and municipalities to submit proposals for deployment of Clever Buoy Systems in Australian and international waters.

Clever Buoy was recently endorsed by the Australian Professional Ocean and Lifeguard Association (APOLA), as a viable shark detection and alert solution to be used throughout Australia’s beaches.

APOLA was instrumental in the Bondi trials and the application of information from the Clever Buoy system.

APOLA’s endorsement holds considerable weight. It stated that the Clever Buoy shark detection system is currently the only commercially available detection system capable of development in high surf zones to provide real time information for lifeguards that will be of direct benefit for users.

Clever Buoy is a non-invasive technology that eliminates the use of nets and protects beachgoers, the environment and sea life.

The technology uses state of the art sonar and identification systems which relay critical information. It is designed to be set up beyond surf zones and utilises multi-beam sonar transducers mounted on the ocean floor coupled with newly developed detection software to scan for marine life.

Once marine life is detected, the software then analyses swimming patterns to determine the probability of a shark occurrence. If there is evidence of a shark, the information is transmitted to lifeguards notifying them of the target and location.

How the Clever Buoy system works

Throughout the trial Shark Mitigation Systems worked closely with the NSW Department of Primary Industries. The Department set minimum acceptance levels and targets derived from the Cardno Report findings and recommendations for NSW Shark Management Strategy input.

“The trial at Bondi Beach was successful across all measures,” said Shark Mitigation Systems co-founder Craig Anderson.

“The trial has validated the stability and robustness of our current Clever Buoy platform to sustainable operate in real-world Australian beach conditions 24 hours a day, 365 days a year, autonomously detecting and alerting the presence of large sharks that could be a threat to beach users.

“SM8 considers the Clever Buoy system to be commercially available. It has a cost structure that is conmo0etitive with alternative options on the market, and has received global expressions of interest for deployment.

“Following the successful trial, beachgoers in many parts of Australia and indeed in other countries can now look forward to safer beaches as we move to deploy this technology in response to growing demand.”

Clever Buoy is now the second commercially viable product launched by Shark Mitigation Systems, after successfully releasing its SAMS technology.

SAMS shark repellent technology lies in development of materials having a specific contrast, colour, size and shape according to the position of the wearer in the water column and the distance that a shark is likely to perceive the wearer.

Well-known wetsuit innovator Radiator is the first licensee of SAMS shark repellent technology selling a range of wetsuits and surfboard stickers incorporating SAMS patented designs. Swimwear brand Arena and Yahoo surfboards are also on board.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!