There's very little intersection between hardware that would last in those conditions and would be cheap enough that coast guards would be willing to just leave it on a ship. Or maybe I'm underestimating the budget of the Coast Guard, but leaving this thing adrift in the first place seems to indicate otherwise...
>> Yep, exactly what I was thinking. Add a small solar panel and it could probably function for a decade.
> I think you're underestimating the harsh nature of the ocean. Few things last for a decade on the ocean without frequent maintenance, high up-front costs, or both - and often not even then.
A solar powered GPS beacon may be an exception to that rule.
Couldn't you just encase the beacon electronics and the solar panel in a hunk of clear epoxy potting [1], and then secure the thing to the deck with stainless steel screws? For an application like this, it's probably sufficient that the beacon only operate during daylight hours, so you probably don't even need a battery.
I don't imagine the electronics would cost much more than that for a PLB [2], so we're talking somewhere in the ballpark of $500. The main expense would be the receiving satellite and sending a helicopter to the ship for installation.