Norway’s HAV Group ASA has actually consented to get Undheim Systems AS, a company of vibrant placing (DP) systems for vessels.
“The planned technology acquisition is a strategic move that accelerates HAV Group’s plans to offer digital functionality that meets the global maritime market’s needs for decision support tools and autonomous ship operations,” HAV Group claimed.
“HAV Group already provides digital decision support systems to vessels in order to cut operating expenditure and emissions to air. By adding DP capabilities to our product portfolio, we will be able to provide an even more complete data-driven and digital offering for cost-efficient vessel operations. Moreover, we obtain an important building block to help make safe and reliable autonomous sailing capabilities a reality,” states Gunnar Larsen, CHIEF EXECUTIVE OFFICER of HAV Group.
Dynamic placing (DP) is a computer-controlled system that immediately keeps a vessel’s placement and also heading by utilizing its very own props and also thrusters. Undheim Systems AS has actually efficiently established a very versatile and also affordable DP system for vessels of all dimensions, consisting of also the tiniest workboats.
So much, Undheim Systems has actually provided its DP systems to roughly 60 vessels, that include angling vessels, workboats and also solution vessels in the fish farming sector, and also others. The firm has a strong order stockpile for its DP item, JPOS, HAV claimed.
In 2022, Undheim Systems provided earnings of NOK 4 million and also an EBIT of NOK 0.7 million.
HAV Group intends to incorporate Undheim Systems’ professional skills and also DP modern technology right into the team’s Energy Design and also Smart Control organization location, which is directed by Norwegian Electric Systems AS.
“The business area already has a broad product portfolio of intelligent vessel navigation, automation and control systems, as well as an office in Egersund which the Undheim Systems team will co-locate with. By combining HAV Group’s smart navigation system, Raven INS, with Undheim Systems’ DP technology, HAV Group can provide solutions that control vessels at all vessel speeds and enables semi-autonomous functionality,” HAV claimed.
“There is a very exciting opportunity in combining HAV Group’s vessel navigation systems with our DP technology. The combination is an obvious plug-and-play solution that we can offer to today’s vessels, for both retrofit installations and newbuilds.
In addition, the combination can provide an important piece of the jigsaw towards autonomous vessels. The delivery of automatic docking systems for ferries is an obvious first step. We look forward to exploring these and many other growth opportunities as part of HAV Group,” states Stein Martin Undheim, taking care of supervisor of Undheim Systems.
“Many customers ask us to combine DP systems with our own vessel navigation system when supplying smart control systems for vessel. Until now we have had to acquire DP systems from third-party suppliers. Going forward we can provide a fully integrated solution. This will benefit both HAV Group and our customers,” includes Gunnar Larsen.
HAV Group ASA has actually consented to get one hundred percent of the shares in Undheim Systems AS. The acquisition factor to consider consists of shares in HAV Group ASA and also a cash money quantity. No information were share on the specific quantities. The closing of the deal is anticipated in June 2023.