Advanced Navigation, a developer of AI robotics and navigation technology, and KKR, a leading global investment firm, today announced the signing of definitive agreements under which KKR will lead a AUD 108 million (USD 68 million) Series B funding round in the Company. The funding round includes participation from new investors such as deep learning venture firm AI Capital and existing investors, including Main Sequence, the Hon. Malcolm Turnbull AC, In-Q-Tel, and Our Innovation Fund, bringing Advanced Navigation’s total amount raised to more than AUD 134 million (USD 85 million).

Verlume, a specialist in intelligent energy management and energy storage, has bolstered its leadership team by appointing a chief commercial officer, Andy Martin, and making two internal promotions to chief technology officer and chief operating officer for Paul Slorach and Jonny Moroney, respectively.

3D at Depth, the global leader in commercial subsea LiDAR laser technology, has appointed two senior staff members at their new Aberdeen base, which is officially being opened this week with a ceremony and technical sessions. Rob Davidson and Tarry Waterson both joined this month, hitting the ground running to assist with sales and business development of the company's leading asset, Cuvier DEEP™, the World's only deep-water Subsea LiDAR™ providing end-to-end service. With previous roles in DeepOcean, Boskalis, Proserv and Technip; Rob brings over 12 years' experience in the industry, five of which in Senior and Lead roles in the capacity of Project Surveyor.

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.

The Global Underwater Hub (GUH) has announced a series of senior appointments to deliver its ambition of transforming the underwater industry in the UK. The new intelligence-led organisation has appointed a finance director and head of communications to strengthen its team as it sets out on its mission to create strategic alliances and partnerships with other industry organisations and agencies around the world.

ROVOP, a leading remotely operated vehicle specialist (ROV), is predicting a continuing growth trajectory in 2022. This comes after a strong year which, since the previously reported £25m of contract wins, has seen the business secure a further £5m of awards in the last six weeks, predominantly in the renewables sector. This reflects the continuing increase in ROVOP’s global operations and business activity across all sectors.

Havfram, an international subsea and offshore wind contractor, is gearing up its activity and investment as it moves closer to fulfilling its commitment to becoming a global leading company in the transition from offshore oil & gas to offshore renewables and wind. The company has almost doubled its global workforce in the past 18 months, taking it from 150 to 275, partly in response to increased work in projects across the world, but also to support the transition of its workforce to renewables. The target is to have a majority renewable income by the middle of the decade.

ROSEN Group, leading providers of cutting-edge integrity solutions, continues to expand its Aberdeen based integrity consultancy by doubling its footprint in the city and growing its local headcount.

Leading ROV & AUV sensor manufacturer, Impact Subsea, is pleased to announce the strengthening of its sales team.

ROV specialist Film-Ocean Ltd, based in Aberdeenshire, has recently invested a six-figure sum in a Schilling Heavy Duty Work Class ROV and plans to grow its workforce to support the company’s ambitious growth plans.

MacArtney UK are pleased to announce the appointment of Kevin Murray as our new Head of Sales.

Integrated subsea technology and services provider Ashtead Technology has invested £1million to develop a new R&D and engineering facility in Aberdeenshire. The firm has also launched a recruitment drive to bolster its operations as part of its long-term business goal.

Despite current industry challenges due to the COVID-19 pandemic, OceanTools, global leaders in subsea engineering, have seen an increase in demand for their products and engineering services, leading to the recent investment in £300,000 of CNC machinery.

World class underwater company, OTAQ Group, has today announced (insert date) their Chile division has acquired a larger office space following a number of project wins, also resulting in the creation of several new positions.

Equinor, Jera and J-Power partner up and enter a joint bid agreement prior to Japan’s upcoming Round 1 offshore wind auction.

Rovco, the leading provider of ROV and hydrographic services to the UK offshore wind industry, has established their new office in the city of Edinburgh, Scotland. The new Scottish office location also establishes a dedicated operational base to serve their current portfolio of offshore renewable and energy projects.

A leading north-east engineering solutions business has made an encouraging start to the year with the announcement of new contracts worth a combined £750,000. SengS has designed, manufactured and delivered various projects, including a containerised test unit for an Aberdeen-based oilfield equipment firm; allowing for the safe and efficient execution of work scopes within the customer’s own facility.

Subsea technology innovator Lateral has launched a new marine growth removal tool for use by smaller ROVs to reduce costs and save time.