SeaRobotics Corporation announces that it has partnered up with a private equity group to fund the expansion of the company’s core business.
According to ocean-news.com, the expansion includes the production of Unmanned Surface Vessels (USVs), the commercialization of the Robotic Hull Cleaning systems, as well as the development of new products in ocean sciences and survey markets.
Don Darling, president of SeaRobotics said: “The partnership with the private equity group gives SeaRobotics the capital to further refine our standard product line of USVs, but more importantly, the opportunity to commercialize the development projects we’ve had in process for years in the area of Ship Hull Cleaning”.
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Subsea World News Staff, August 24, 2012; Image: searobotics.com