Dryad Maritime, a local company housed at the University of Portsmouth Technopole has been rewarded for its outstanding achievement in contributing to UK business innovation with a Queen’s Award for Enterprise.

The award is the highest business accolade a UK company can receive and is recognised globally. Dryad Maritime received the award in recognition for their outstanding achievement in the innovation category for their work developing intelligence-led systems that improve the safety of seafarers. Innovations include a bespoke geo-spatial tracking system named ‘Moneypenny’, which monitors the positions of client vessels, pirates and friendly forces as well as risk exclusion zones and the award winning Fleet Security Management Service which optimises the performance of vessels through its provision of route guidance based on fuel efficiency, risk, SOLAS convention and weather patterns.

Graeme Gibbon Brooks, Managing Director – “This award is testament to the hard work, dedication and fortitude of the Dryad Maritime team who have given their whole-hearted commitment to supporting the company’s growth ambitions over the last five years, whilst continuing to deliver unrivalled service and support to our existing and new clients.”

Dryad Maritime was founded in 2009 with just three employees and a business loan of £25,000. Since then, the company has grown exponentially with the opening of new offices and the recruitment of 33 new employees. The company’s success as been recognised internationally; in 2013 they secured the highly competitive IHS Safety at Sea Award and over the past five years turnover has soared almost 12-fold.