The Flidar (floating lidar) system, which is based on a moored shallowdraft spar buoy, is expected to slash the cost ofoffshore data collection by more than 75%.

“Depending on the contract duration and specific sitewhich determines the size of buoy and cost of moorings, a fully installedsystem would cost approximately £2.5m ($3.9m) based on a two-year data provisioncontract,” a ZephIR spokesman tells Recharge.