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Prestigious award for Dundee business leader

Ace Aquatec Managing Director, Nathan Pyne-Carter
Ace Aquatec Managing Director, Nathan Pyne-Carter

The Institute of Directors Scotland (IoD) has recognised a leading Dundee-based entrepreneur as one of Scotland’s top directors at its annual Director of the Year Awards.

Nathan Pyne-Carter, managing director of aquaculture technology supplier Ace Aquatec, secured the Director of the Year for Tayside and Fife award.

Outlining their decision, a spokesman for the judging panel said: “Nathan has shown an innovative approach to his R&D development and getting his solutions to market.

“He reinvests revenues in additional R&D and staffing to ensure he has the right blend of expertise and is continually looking to overseas markets to both develop his offerings and gain a foothold in areas that do not have his technology.

“His support of his people and utilisation of academia to develop his products really stood out.

“He has set clear key strategic goals for growth and has clear people strategies, both aimed at developing and growing his business.”

Ace Aquatec produces a range of aquaculture technology including acoustic and non-acoustic predator deterrents, an electric in-water stunning device and biomass measurement that uses real 3D data to improve accuracy.

Earlier this year, the company announced investment from technology entrepreneurs and co-founders of 4J Studios, Chris van der Kuyl and Paddy Burns.

Ace Aquatec also recently announced it had expanded into Chile, opening a new base in Puerto Montt.

Malcolm Cannon, national director of the IoD Scotland, said: “Nathan is no stranger to the awards, having been recognised last year as Innovation Director of the Year.

“His ambition to globalise his technology whilst maintaining a focus on the development of his team, even in a challenging environment, makes him a worthy winner of the award.”

Also in the same category, the chief executive of Perth-based Royal Scottish Geographical Society, Mike Robinson, who has led the orgnaisation since 2008, was highly commended.