Oceaneering has reported a net loss of $79.4 million on revenue of $440 million for the third quarter 2020. Adjusted net loss was $17.6 million, reflecting the impact of $68.7 million of pre-tax adjustments ($40 million impairment) and $6.3 million of discrete tax adjustments. Compared to a year-ago
Boston-based subsea robotics firm Dive Technologies recently completed sea trials of a Large Displacement Autonomous Underwater Vehicle (LD-AUV), powered by Kraken Robotics pressure tolerant batteries. As a result, Kraken expects further contracts with Dive for additional batteries in 2020 and beyon
US-based companies CSA Ocean Sciences (CSA) and SeaRobotics are jointly developing the next generation utility-class autonomous surface vessel (ASV). Based on the SR-Surveyor M1.8 ASV, introduced by SRC in 2019, the new utility-class ASV will deploy the same fully integrated control, survey, and aut
Australian robotic arms developer Blueprint Lab has shipped the first four commercial units of its Reach Bravo advanced electric manipulators. The company designed these specifically for inspection-class remotely operated vehicles (ROVs). Blueprint Lab rolled out the Reach Bravo robotic arm system i
Norwegian subsea solutions provider Stinger and Houston Mechatronics Inc. (HMI) have entered into a collaboration agreement. Stinger said it aims to become the go-to provider of light weight, smart and fast deployable underwater drones for resident applications with semi-autonomous and autonomous ch
San Diego-based unmanned semi-submersible vessels manufacturer SubSeaSail has appointed Australian-based BlueZone Group as its exclusive distributor for Australia and New Zealand. SubSeaSail unmanned semi-submersible vessels are wind-propelled and solar powered. The vessels have multiple patents inc
Canada’s ocean tech company Kraken Robotics has closed its previously announced “bought deal” short form prospectus offering of common shares. The company sold a total of 15,500,000 common shares at a price of 67 cents per common share for gross proceeds of close to $10.4 million inclusive of the pa
Swiss-based autonomous underwater robotics solutions company Hydromea is launching its new patent-pending subsea wireless communication modem LUMA X. The LUMA X can beam data using light at up to 10 Mbit/s with a 120 degree cone. With that, the LUMA X enables real-time streaming of HD-quality video
Marine technology firm OTAQ Offshore has won a contract and exclusive supply deal with Unique Group for a number of seabed landers. The Aberdeen-based company will design and build the observation platforms in collaboration with Unique Group. Commonly used to record physical, chemical and biological
Subsea technology firm MacArtney has completed its order of a launch and recovery (LARS) system for end-user Taiwan National University, marking the fifth ocean research vessel (ORV) in the Asia Pacific region to date. MacArtney Asia Pacific has provided the full LARS solution for the new vessel R/V
US-based Harvey Gulf Subsea Solutions has selected Oceaneering for ROV and support services onboard its four US-flagged Jones Act compliant vessels. Specifically, the multi-year deal will see Oceaneering provide eight Millennium Plus ROV systems, personnel and accompanying survey suites. CEO of Harv
Ocean robotics firm Houston Mechatronics Inc. (HMI) has selected Greensea’s OPENSEA software architecture as the development platform for its subsea transforming AUV/ROV Aquanaut. Houston Mechatronics was able to leverage Greensea’s experience in subsea navigation and vehicle control while focusing
Marine services player C-Innovation has chosen Sonardyne’s underwater positioning and navigation technology to support its operations offshore Brazil. Sonardyne will equip remotely operated vehicles (ROV fleet) on board six ROV support vessels with inertial, gyrocompass and Doppler technologies, as
LARS specialist Hydramec has won a contract to design and build two bespoke lightweight launch and recovery winches for Fugro’s new 12-metre uncrewed surface vessels, built by SEA-KIT. Hydramec has delivered over 50 LARS systems to Fugro worldwide for over 20 years. It has also assisted on many uniq
