Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, is set to acquire active and passive electromagnetic sensing capabilities from Argeo’s bankruptcy estate.

To remind, it was reported on July 7 that Norwegian subsea services provider Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file for bankruptcy due to a challenging financial position, with limited liquidity and limited resources to satisfy its short- and long-term obligations, said to be due to a difficult market situation and the lack of necessary contracts to generate stable revenue.