Kraken Robotics Inc. announces that, through a subsidiary, it has signed a definitive agreement and plan of merger to acquire 100% of the shares of 3D at Depth, Inc., a leading American subsea technology and services company specializing in high resolution LiDAR imaging and measurements. Under the terms of the Agreement, Kraken will indirectly acquire 3D at Depth for US$17 million in cash subject to adjustment for, among other things, any debt indirectly assumed or paid out on closing and to customary working capital adjustments. The Transaction remains subject to customary closing conditions, including, without limitation, consent of Kraken’s primary lender and is expected to close on or about April 1, 2025. Transaction details are provided below.

NOR Offshore Rental (NOR) has ordered several units of Exail subsea Inertial Navigation Systems (INS) and Attitude and Heading Reference Systems (AHRS) as part of the company’s ongoing efforts to expand its rental equipment pool. This latest order comes ahead of NOR’s new office opening in the Asia-Pacific (APAC) region, further strengthening its presence in the market and addressing the growing demand for high-performance navigation technology.

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.

Cellula Robotics, a leading provider of advanced autonomous underwater vehicles (AUVs), today announced a significant expansion of its operations to meet the increasing demand for its innovative products and services.

Teledyne Gavia announces the significant expansion of its Engineering and Production facilities in Kopavogur, Iceland, in response to the increased demand for both low logistics Gavia class systems and larger the Osprey and SeaRaptor Autonomous Underwater Vehicles (AUVs).

Norwegian Offshore Rental (NOR) is making a significant investment at NOR LTD, their subsidiary office in Aberdeen, UK. This investment includes an expansion, where NOR LTD will be moving to a new facility, which is triple the size of their current location. Furthermore, NOR will also expand the rental pool in Aberdeen with additional tooling and survey equipment.

Greensea IQ celebrated the 25,000 square foot expansion of its Cordage Park production facility on October 17th. This new expansion establishes a manufacturing center for the production of several navigation and robotics systems including the Bayonet line of surf zone crawlers, EverClean hull cleaning robots, RNAV3 diver navigation systems, and OPENSEA Edge autonomy hardware.

Valeport, one of the leading UK manufacturers of oceanographic and hydrographic instrumentation, is working to meet the demands of a rapidly growing global market by increasing its headcount and investing in the expansion of its south west UK-based premises, which now span over 44,000ft2 across three modern waterfront buildings.

XOCEAN, the leading provider of carbon-neutral ocean data, has today announced the creation of 300 new jobs as part of its strategic growth plan. The jobs announcement comes as the XOCEAN team welcomed Minister of State for Trade Promotion and Digital Transformation, Dara Calleary, to mark the official opening of its new Technical Centre near Carlingford, Co. Louth. From this facility, XOCEAN serves a growing list of international customers, primarily in the rapidly growing offshore wind market.

TSC Subsea, a global specialist in remotely deployed subsea NDT inspections for the energy industry, is entering 2023 in a strong position, with plans to target new markets in the Middle East, Africa and South East Asia.

Nauticus Robotics, a developer of ocean robots, autonomy software, and services to the marine industries, today announced the initiation of its operations in Norway and the United Kingdom, beginning the Company’s international expansion strategy for 2023 and beyond.

Exeter-based HydroSurv has moved into brand new facilities to deliver expansion in production capacity for its state-of-the-art Uncrewed Surface Vessels (USVs) for hydrographic and environmental data collection.

Boskalis, with a presence in the US market spanning more than forty years, has recently opened a new office to support the rapidly developing US offshore wind market along the east coast. The office, located in Providence, Rhode Island, will serve as the Boskalis renewables hub from which multiple project teams will be supported.

Aqueos Corporation recently announced they would be moving into their new Boston, MA, office facility. The move was made so Aqueos could better serve the growing needs of renewable energy developers working in the US Northeast and to better support their existing customers in the region.

SEA-KIT International is expanding its Tollesbury production facility to deliver on a growing Uncrewed Surface Vessel (USV) orderbook. The news comes as Fugro, world-leading geo-intelligence specialist, snaps up SEA-KIT’s latest 12m X-class build for its growing Blue Essence fleet.

OFFSHORE UXO (Unexploded Ordnance) specialist EODEX Group has announced a major expansion into the US market, with the establishment of EODEX US LLC. The new US subsidiary will be based in Portsmouth, Rhode Island. Following on from rapid growth of the UK operation and exponential rise in demand for their industry leading deflagration capability, EODEX US LLC will now bring EODEX’s proven world leading environmental UXO disposal solution to the US offshore market.

Film-Ocean Ltd (Film-Ocean), a Stapem Group company, announces that construction contractors have broken ground on its new purpose-built facilities in Ellon, Aberdeenshire. The bespoke development is due for completion late summer 2022.

TSC Subsea, a global specialist in remotely deployed subsea NDT inspections for the energy industry, is to open new facilities in Perth, Australia, in the first quarter of 2022 to support ongoing company growth in key regions around the world.