What's the difference between R&D and Innovation? Lomar Labs has the answer

Stylianos Papageorgiou of Lomar Labs joins Nick and Raal to explain how a ship owner can help maritime startups move from promising prototypes to usable technology. The conversation covers the Compass programme, onboard testing, energy transition, autonomous systems, seafarer engagement, and why innovation only matters when it solves operational problems.

Chapters

• 00:27 Introduction to Stylianos Papageorgiou and Lomar Labs
• 01:24 Lomar’s 50-year history and appetite for change
• 02:42 Episode partner: GTT Marine
• 03:21 Why Lomar built its own venture lab
• 09:35 Using a changing fleet as a testbed
• 11:34 How Lomar Labs works with startups
• 14:08 Choosing problems worth solving
• 16:14 Building the Compass programme
• 17:56 R&D, innovation, and procurement
• 20:38 The three pillars: technical risk, commercial readiness, and funding
• 25:40 Portfolio focus: future of work, energy, and emissions
• 29:47 Testing technology on ships without overwhelming operations
• 31:09 Seafarer feedback and onboard experimentation
• 33:41 What makes a startup worth backing
• 37:22 Commercialisation, pricing, and market realities
• 39:15 Regulation, timing, and the energy transition
• 46:46 Future of work at sea
• 49:45 Autonomous navigation and alarm overload
• 51:10 Signal Fusion, behavioural data, and human judgement
• 53:27 Automated audit trails and the limits of measurement
• 54:01 The long-term vision for Lomar Labs
• 55:56 How shipping can better support innovation
• 58:23 How startups and shipping companies can reach Lomar Labs

This episode begins with Stylianos Papageorgiou, managing director of Lomar Labs, drawing a sharp line between R&D and innovation: one creates knowledge, the other turns it into viable businesses. It is a useful distinction for shipping, where promising technology often struggles to survive contact with operational reality.

Nick and Raal explore why Lomar built its own venture lab rather than joining an accelerator or investing through a fund. Stylianos explains how the Compass programme gives startups structured access to ships, crews, class, flag, and commercial feedback — without demanding exclusivity, discounted first units, or shared IP.

The conversation moves from model to mechanics: technical de-risking, commercial readiness, funding pathways, and the floating laboratory Lomar uses to test modular technology onboard without disrupting day-to-day operations. There is also a clear focus on seafarers, who are not treated as passive subjects of innovation but as critical users whose feedback can shape whether a product works.

The episode closes on regulation, energy transition, autonomous systems, and founder discipline. Stylianos argues that startups should solve problems shipping genuinely values, not simply wait for regulation to force adoption. For shipowners, the lesson is equally pragmatic: innovation needs managed risk, real assets, and enough patience to let useful ideas mature.

Episode Partner

This episode of Undocked is brought to you by GTT Marine.

The Great Integration, a new report from Danalec and Thetius, looks at how fragmented systems are eroding decision quality across shipping — and what owners can do about it.
Learn more at gttmarine.fr.