Sydney manufacturer’s subsidiary lands US Navy contract

Sydney manufacturer’s subsidiary lands US Navy contract

Two of Aquabotix's products - Endura 100 and Hybrid

Underwater robotics manufacturer Aquabotix has announced the Naval Supply Systems Command of the United States Department of the Navy has placed an order with Aquabotix’s wholly-owned US subsidiary.

The order is for an unmanned underwater vehicle, also known as an underwater drone, with the company expecting to receive revenue of approximately $125,000 in connection with the order.

Aquabotix's CEO Durval Tavares said the company is honoured to provide the US Navy with their products.

"We are proud of being able to provide the United States Navy, the largest and most demanding user of unmanned underwater products in the world, with our products, and that we are supplying the Navy following a competitive bid process," he said.

Aquabotix non-executive director Rear Admiral (Ret'd) Jay Cohen, a former submarine commander and Chief of Naval Research of the US Department of the Navy, commented, "The world is not getting safer. The Department of Defense is clearly committed to maintaining underwater superiority, and Aquabotix is proud to be making its contribution to that."

The company also said the sale illustrates the increased focus of the world's militaries on the unmanned underwater domain and illustrates Aquabotix's place as leader in the industry, "capable of delivering a cost-effective solution without further research and development, to a discerning marquee customer like the United States Navy".

The US Department of Defense recently announced it is planning to invest as much as US$3 billion in an effort to build and field underwater drones for surveillance operations.

 

Sydney manufacturer’s subsidiary lands US Navy contract
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