Latest news and insights from ocean technology.
Marine technology company RAD has closed a 4.4 million pound funding round to accelerate the commercialisation of its autonomous vessel technology and expand its electric propulsion portfolio. The raise, led by Mercia Ve…
An international research campaign led by Germany's GEOMAR is deploying two research vessels and a large fleet of autonomous systems off South Africa to study how small-scale ocean movements shape climate and marine life…
Cobham Ultra, a portfolio company of private equity investor Advent, has agreed to sell undersea warfare specialist Ultra Maritime to Lockheed Martin for 3.45 billion dollars. The deal follows a three-year period in whic…
KONGSBERG has supplied a comprehensive suite of ocean science and navigation technologies for RV Anna Weber-van Bosse, the new research vessel of the Royal Netherlands Institute for Sea Research. The 80-metre newbuild, c…
Rocket Lab has reached an agreement to acquire Iridium Communications in a cash-and-stock transaction that values the maritime satellite operator at an enterprise value of 8 billion dollars. The deal brings together Rock…
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