Resqunit AB (publ) announce that its revolutionary recovery system for crab and lobster traps, Resqunit, is now shipping out to customers, as previously communicated to the market. The product tackles the critical issue of lost fishing gear in the global fishing industry, which leads to heightened replacement costs, ghost fishing, and marine pollution. With an estimated 25 million traps lost annually, Resqunit provides the fishermen with an affordable, user-friendly, and efficient solution to the problem.

As Resqunit continues to innovate, the company plans to add much sought after technologies such as GPS positioning, theft notification, and sea floor data harvesting to its product. These advances will make the product even more effective in gear protection, preventing lost fishing gear, and reducing the environmental impact of fishing, making it an even more indispensable product for the industry. These technological advancements will enable Resqunit to offer additional services such as SaaS/PaaS and open new revenue streams for the company, further solidifying its position in the market and offering new business opportunities.