Ocean Robotics Planet Articles

Articles for Tag or Tags: Investment

Number of matching Articles: 49

Bringing Firepower to the Fleet: Lockheed Martin Invests $50M in Saildrone to Advance Unmanned Surface Vehicle Capabilities for US Navy

29.10.2025
This commercial relationship marries the world’s most sophisticated and trusted defense technology with the world’s most capable and operationally proven USV technology. Together, we will rapidly equip Saildrone USVs with all-domain defense technology for lethal military applications.

Coast Guard to Invest $350m in Robotics and Autonomous Systems

29.09.2025
The Coast Guard announced Wednesday it will invest nearly $350 million to expand robotics and autonomous systems, strengthening mission execution and operational capabilities. The funding, provided under the One Big Beautiful Bill Act (OBBBA), includes $11 million in fiscal year 2025 for immediate upgrades to critical autonomous systems. Initial investments include: $4.8 million to procure 16 VideoRay Defender remotely operated vehicles (ROVs) to replace Deployable Specialized Forces’ aging fleet.

SIDUS Solutions Announces Strategic Partnership with Industrial Device Investments

12.03.2025
Established in 2000, SIDUS is an integrated systems provider of security and video surveillance systems for the energy, nuclear, scientific research, military, and petrochemical industries. SIDUS designs, services, and manufactures complete, integrated security and surveillance solutions for any marine, defense, and subsea application.

XOCEAN Secures €115 Million Investment to Accelerate Growth of Its Ocean Data Services Platform

13.01.2025
XOCEAN, a leading provider of ocean data to the offshore energy and civil hydrography sectors, has closed a €115 million fundraise that will help support its ongoing growth across the company's expanding global footprint. The company partnered with S2G Ventures ("S2G") to structure the round, which was funded by S2G, Climate Investment ("CI"), Morgan Stanley's 1GT fund, and an affiliate of the Crown Family's CC Industries ("CCI"), collectively ("the investor consortium").

BGF Invests $18.9m to Drive Sulmara’s Global Growth Ambitions

28.11.2024
BGF, one of the largest and most experienced growth capital investors in the UK and Ireland, announces an $18.9m (£15m) investment in Sulmara, an independent provider of innovative survey and inspection services to the offshore wind and energy markets.

Teledyne Valeport Welcomes Major Equipment Investment from NOR Offshore Rental to Boost UK and Global Operations

04.11.2024
Teledyne Valeport, a leader in oceanographic and hydrographic instrumentation, is pleased to announce a substantial investment from NOR Offshore Rental (NOR), as NOR makes a significant new order for Valeport technology for its subsidiary, in Aberdeen, NOR LTD.

Open Ocean Robotics Closes $2.8M Investment Round

28.10.2024
The funds will support product and technological advancements, geographic expansion into Southeast Asia, and scaling manufacturing of its uncrewed surface vehicles (USVs). To advance its innovative solutions in Southeast Asian markets, OOR is currently participating in the PIER71 Smart Port Challenge, an initiative of the Maritime and Port Authority of Singapore and the National University of Singapore.

NOR Offshore Rental Expands UK Operations with Major Sonardyne Technology Investment for Construction Survey

14.10.2024
NOR Offshore Rental (NOR) has made a further, multi-million-pound, investment in Sonardyne products for their rental pool as part of their expansion at NOR Ltd, their UK subsidiary office in Aberdeen.

Aberdeen Underwater Robotics Pioneer HonuWorx Receives Seven-figure Investment Boost

09.09.2024
HonuWorx, based in Aberdeen, plans to dramatically slash costs and emissions for offshore repair and inspection work through its fleet of autonomous, all-electric submarines. TRICAPITAL Angels and Scottish Enterprise delivered the investment round, along with UK Innovation and Science Seed Fund (UKI2S), which has invested in HonuWorx for a second time.

Aberdeen’s ROVOP Secures $25m Investment from Cordiant

12.04.2023
ROVOP, one of the world’s largest independent remotely operated vehicle (ROV) solutions providers, is pleased to announce a new $25 million senior secured credit facility with Cordiant Capital (Cordiant), the specialist global infrastructure & real assets manager.

Ground-breaking Search and Rescue Technology set for Commercialisation with £2.3m Investment

06.12.2022
Zelim, an Edinburgh based start-up pioneering unmanned search and rescue solutions, including the world's first remotely operated rescue vessel, has secured £2.3m equity investment. Most of the funding comes from lead investor, Kero Development Partners and Aberdeen based I7V, who are following initial investment in Zelim’s seed round in 2020.

Ashtead Technology Signs Rental Agreement with RTS and Invests in New Technologies

18.08.2022
International subsea rental equipment and solutions specialist Ashtead Technology has signed a rental agreement with Norway-based RTS, an international provider of electronic engineering equipment for the underwater industry.

Pioneering Darlington Subsea Firm Commissions Control Room Following £24million Investment

10.06.2022
Modus, a North East subsea services company, which is pioneering the next generation of subsea robotics, has commissioned its control room in Darlington, the culmination of a £24m investment programme. The company welcomed the Right Honourable Anne-Marie Trevelyan MP, Secretary of State for International Trade and Darlington MP Peter Gibson, to officially open the state-of-the-art control centre at its headquarters.

Blueprint Lab Awarded Defence Innovation Hub Investment

21.04.2022
The federal government has announced a $19 million investment in protecting Australian Defence Force members. Blueprint Lab has been awarded $1.04 million to develop remote operation systems for underwater expeditions as part of this investment. These cutting-edge remote operations will protect ADF members in the field.

Ashtead Technology Strengthens its Rental Fleet with Investment in iXblue Technologies

15.03.2022
International subsea equipment rental and solutions specialist Ashtead Technology has further strengthened its rental fleet with a significant investment in iXblue subsea positioning systems.

Ashtead Technology Bolsters Rental Fleet with Investment in Innova Multiplexers

20.01.2022
International subsea equipment rental and solutions specialist Ashtead Technology has further strengthened its rental fleet with a significant investment in twelve new Matrix MK II+ multiplexers from Innova.

Forssea Raises €3.8M to Finance its Commercial Deployment

19.01.2022
Underwater robotics company Forssea Robotics raises €3.8M from SOFILARO (Crédit Agricole), Qair Innovation (Jean-Marc Bouchet) its historical investors and as well as a France 2030 grant.

Baird Capital Invests in Subsea Technology & Rentals (STR)

18.01.2022
Baird Capital’s Global Private Equity team today announced an investment in Subsea Technology & Rentals (“STR”), a leading independent subsea rental equipment and specialist services provider to the offshore energy industry. The terms of the deal were not disclosed.

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