Reach Subsea has been Granted up to EUR 14.3m from the EU Innovation Fund

Reach Subsea has been granted funding of up to EUR 14.3 million from the EU Innovation Fund under the Net Zero Technologies initiative.




"This is a significant step forward for Reach Subsea’s innovation agenda, our Reach Remote scale up plans and our commitment to driving sustainable ocean technology. We are excited to contribute to a cleaner, more efficient future", says CEO, Jostein Alendal.

The funding will support the scale-up of the Reach Remote project, which focuses on developing advanced remote unmanned surface vessels for efficient and sustainable operations in ocean-based industries.

The EU Innovation Fund is one of the world’s largest funding mechanisms for advancing zero-emission and innovative technologies. It aims to bring decarbonization solutions to the market, supporting the transition to climate neutrality while enhancing competitiveness.



Location: Haugesund, Norway