World-leading emergency distress signal manufacturer Wescom Group has expanded their presence in the marine survival market with an exciting acquisition.
Kraken Robotics Inc., Canada’s Ocean Company, has signed a R&D contract with a global energy company which will provide $8 million of cash funding to Kraken’s Brazilian subsidiary over a 3-year period. Under this project, Kraken will continue development of Artificial Intelligence, Machine Learning software, and subsea autonomy solutions to intelligently analyze sensor data and learn how to respond to highly dynamic environments in the offshore oil and gas, wind, hydrographic, science, and defense industries. Due to customer confidentiality, further details cannot be released at this time.
Neptune Energy has been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP), in recognition of its ambitious plans to reduce methane emissions to net zero by the end of this decade.
On October 6th, Seabin Foundation launched the world first Ocean Health Lab situated in its new home at the Australian National Maritime Museum in Darling Harbour.
Ocean Specialists, Inc. (OSI), a global provider of specialized subsea technical services and marine operations, has announced the appointment of Perry Wright to the role of president.