Hydroid's "Remus 100" a compact, light-weight, autonomous underwater vehicle designed for operation in coastal environments up to 100 meters in depth.
Kongsberg Maritime's has now completed the acquisition of the assets and business
of the American enterprise Hydroid LLC on a debt-free basis. The acquisition sum
is approximately 80 Million US Dollars.
Hydroid is a manufacturer and supplier of Autonomous Underwater Vehicles (AUV)
for military and commercial markets worldwide. The company was established in 2001
to manufacture, support and further develop the REMUS Autonomous Vehicle Technology,
originally developed and licensed through an exclusive license with the Woods Hole
Oceanographic Institution. Hydroid is projecting strong revenue growth in the coming
years. Hydroid is headquartered in Pocasset, Massachusetts, USA.
Broadens portfolio of AUV products
The acquisition of Hydroid is within Kongsberg Maritime strategy to expand in
the rapidly growing market for AUV-based operations through a broader portfolio
of products, wider presence in the market and focused R&D efforts. Hydroid's REMUS
vehicles will complement Kongsberg Maritime's HUGIN AUV activity that began in 1995
as a joint project between FFI (Norwegian Defense Research Establishment), StatoilHydro
and Kongsberg Maritime.