AltaSea’s Deep Blue Decade Initiative Expands Global Network to Scale Innovative Ocean Solutions

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LOS ANGELES--(BUSINESS WIRE)--Oct 14, 2025--

At Climate Week NYC, AltaSea at the Port of Los Angeles announced major first-year milestones of its Deep Blue Decade Initiative (DBDI), unveiling new partnerships across Jordan, Indonesia, Tanzania, and Tonga. This first-of-its-kind global effort is designed to accelerate ocean-based solutions from research to full-scale commercialization, while ensuring workforce development and economic opportunity in coastal communities worldwide.

Located at the Port of Los Angeles, AltaSea is a 35-acre campus that brings together science, business, and education to accelerate ocean-based solutions. As the largest blue economy innovation hub in the world, AltaSea provides state-of-the-art facilities for marine research, regenerative aquaculture, renewable energy, and emerging ocean technologies – while serving as a vital bridge to workforce development and community engagement.

The DBDI will bring this model of collaboration and innovation to coastal regions around the world to create a global network of hubs that accelerate ocean solutions and drive economic growth.

“The ocean absorbs more than 90% of excess heat and 30% of CO₂ emissions, yet remains the least funded of the UN Sustainable Development Goals,” said Terry Tamminen, President & CEO of AltaSea. “The Deep Blue Decade is our answer: a global network of hubs that derisks innovation, attracts catalytic capital, and delivers resilience at the pace this crisis demands. If we lose the ocean, we lose the planet.”

Year-One Highlights: Global Partnerships

As it moves into its second year, the Deep Blue Decade Initiative will continue expanding its network of global hubs, scaling proven ocean solutions across borders, and mobilizing blended capital.

Under the leadership of Minister Nani Hendiarti, Indonesia is advancing sustainable blue economy projects that protect marine ecosystems while creating new opportunities for education, workforce development, and community resilience. AltaSea is in discussions to expand its network to Bali.

In collaboration with Ashlan and Philippe Cousteau’s Voyacy Regen, the blue tech company is focused on delivering resilience for economies, coastal communities, and natural habitat by building “shield reefs” as critical coastal marine infrastructure. Their first innovation hub was launched in partnership with Royal Court of Jordan in June of 2025. This hub is pioneering coral propagation, 3D-printed reef restoration, and aquaculture pilots, positioning Aqaba as a leading technology, innovation, and sustainability hub for the Middle East. AltaSea will collaborate with Voyacy to create workforce and community development programs not only in Aqaba but in further expansion of Innovation Hubs around the world.

“With Aqaba, we’re proving that technology and collaboration can grow the blue economy and regenerate coral reefs at scale,” said Philippe Cousteau, Co-Founder of Voyacy Regen.

“This is what’s possible when governments, entrepreneurs, and nonprofits align to take bold action for our oceans,” added Ashlan Cousteau.

In Tanzania, with leadership from Lisa Kurbiel, Head of the UN Joint SDG Fund Secretariat, AltaSea is advancing innovative financing strategies that unite governments, philanthropy, and the private sector to ensure blue economy growth is both sustainable and widely shared.

In partnership with Dr. Lisa Micheli, Strategic Partnerships Lead for AltaSea’s Growing Oceans, and the Kingdom of Tonga, DBDI is conducting marine science research, including natural analog studies of hydrothermal vents. These efforts aim to pioneer safe, scalable marine carbon dioxide removal (mCDR) solutions.

Beyond the country collaborations, AltaSea also announced key partnerships that will fuel DBDI’s growth:

• Pegasus Capital Advisors, led by Craig Cogut, signed a Blue Business Development MOU with AltaSea, with UNDP as an observer, to unlock catalytic capital for ocean projects.
• Prince Albert II of Monaco Foundation deepened its agreement with AltaSea, further strengthening international collaboration.
• DOER Marine (founded by Sylvia Earle and Liz Taylor), The Honu Project, and Braid Theory joined to advance marine robotics, conservation technologies, and blue economy ventures.

“The blue economy is projected to double to $3 trillion by 2030, but this growth must include everyone,” said Jenny Krusoe, EVP/COO of AltaSea. “Through the Deep Blue Decade Initiative, we’re ensuring that young people in places like Aqaba, Zanzibar, and Tonga have the same access to STEM education, training, and entrepreneurship as those in California or Europe.”

About AltaSea at the Port of Los Angeles

AltaSea is a 35-acre ocean innovation campus based at the Port of Los Angeles, North America’s busiest seaport. With 180,000 sq. ft. of renovated facilities, 4,500 linear feet of dock space, and its newly completed Center of Innovation, AltaSea brings together leading scientists, entrepreneurs, educators, and community stakeholders to advance ocean-based solutions, grow the blue economy, and inspire the next generation.

For more information, visit www.altasea.org

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SOURCE: AltaSea at the Port of Los Angeles

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PUB: 10/14/2025 12:30 PM/DISC: 10/14/2025 12:29 PM

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