The UK’s underwater industry, currently valued at £8 billion with a third of the global market share, has the potential to grow to £45 billion by 2035, creating an estimated 180,000 new jobs and around £20billion or more in exports for the UK, the newly launched organization Global Underwater Hub (GUH) said.Officially launched today at the Subsea Expo event in Aberdeen, the GUH is a new organization…
The Norwegian autonomous underwater vehicle provider Argeo has been granted a loan of NOK 20 million (~$2 million) from Innovation Norway.Argeo said the yield is 6,2%, the duration is six years, and the loan is on certain conditions. Trond Crantz…
Trials of the state-of-the-art A.IKANBILIS hovering autonomous underwater vehicle (HAUV) conducted by Nordsee One GmbH and supported by manufacturer BeeX Pte Ltd and European partner Subsea Europe Services GmbH at the Nordsee One wind farm in…
Infinity Fuel Cell and Hydrogen said Wednesday it was actively exploring new markets for its air-independent non-flow-through hydrogen fuel cells in the unmanned underwater vehicle (UUV) market.'Infinity has been developing technology for this market with funding from the U…
Malaysian energy industry solutions provider T7 Global said recently that its subsidiary Tanjung Offshore Services had received a two-year contract from Petronas Carigali for subsea inspection services.The contract, effective until August 2024…
Underwater remotely operated vehicle (ROV) technology company VideoRay announced it has promoted Andy Goldstein to chief operating officer. He joined VideoRay in 2009 and most recently served as vice president, engineering and operations.Goldstein…
Norway-based Kongsberg Maritime’s Sensor and Robotics division said Wednesday it had secured over NOK 450M (~$44 million) in contracts for HUGIN autonomous underwater vehicles (AUV) in the second quarter of 2022. 'The order income consists of…
Jaia Robotics, an aquatic robotics company specializing in the development of micro-sized, high-speed, autonomous underwater vehicles (AUVs) said it raised more than $1 million in seed funding.Jaia Robotics was founded in 2020 by Ian Estaphan Owen…
UK-based subsea services company Modus has commissioned its control room in Darlington, England, from which it can operate subsea hybrid autonomous underwater vehicles.The subsea robotics company said the launch was the culmination of a £24 million (around $29…
UK-based subsea battery specialist Verlume, formerly known as EC-OG, said Thursday it had joined with consortium partners to progress the development of an autonomous underwater robot that moves like a fish to enable efficient offshore inspection regimes in harsh and hard-to-reach environments…
UK-based subsea rental equipment and solutions specialist Ashtead Technology has signed an exclusive rental agreement with Aberdeen-based OceanTools, a subsea engineering company.OceanTools specializes in the design and manufacture of underwater technologies…
UK-based wave energy technology company Mocean Energy has said it has secured a major new investment to accelerate the commercial roll-out of its Blue Star wave machine. The new funds will drive the technology's adoption in subsea oil and gas…
MAATS Tech has been named subsea company of the year and David Bruton, Director Subsea at Crondall Energy, was recognized for his outstanding contribution to the industry at the Subsea Expo Awards held Wednesday night in Aberdeen, UK. Organized by the Global Underwater Hub (GUH)…
3D at Depth, a subsea LiDAR laser technology company said Tuesday it had received a new patent 11.249.193, 'Systems and Methods for Monitoring Underwater Structures,' from the U.S Patent and Trademark Office. The patent's claims focus predominantly…
When it opens its doors on Tuesday, February 22, 2022, to welcome more than 3,000 delegates from around the world and over one hundred exhibitors, Subsea Expo 2022 will be sending out a strong signal that life and business are beginning to return to normal…
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