Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, has acquired compatriot Naxys Technologies, a provider of underwater environmental monitoring solutions, specializing in recognizing the sound of oil & gas leaks.
Formed in 1999, Naxys Technologies’ customers are mainly large oil & gas companies that use the technology to detect leaks, as well as monitor subsea rotating machinery such as pumps and compressors, Kongsberg said.
The company has 28 employees in Hegreneset in Bergen and expects to pass a turnover of NOK 100 million (around $8.7 million) in 2024.
The acquisition agreement was signed on December 20, 2024, with the news announced on January 7.
Naxys Technologies will be part of Kongsberg Discovery, a business that was spun off from Kongsberg Maritime and established as a separate business area within Kongsberg Gruppen in 2023, with the aim of strengthening its position and investment in advanced sensor and underwater robotics.
“Naxys Technologies ensures that oil and gas companies can be quickly notified of any leaks. This is becoming increasingly important now that the demands for sustainable operations are increasing globally,” said Martin Wien Fjell , CEO of Kongsberg Discovery.
“The team in Bergen has built a strong business with technology that is a perfect fit for Kongsberg Discovery. Environmental monitoring using passive hydroacoustics is central to Naxys and is in line with the importance of sustainability and safety for our business.”