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Aquabotix expands links to US military Bulls N' Bears 27 Aug 2018

Aquabotix expands links to US military

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Underwater drone developer Aquabotix has joined the Information Warfare Research Project consortium which provides members with a fast tracked route to secure contracts offered by the US Space and Naval Warfare Systems Command. The company will gain access to key partners and customers and gain the ability to be able to carry out rapid research and prototyping using nondilutive funding options available under the OTA.

Aquabotix on fast track for US Government contracts Bulls N' Bears 02 Aug 2018

Aquabotix on fast track for US Government contracts

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ASX listed Aquabotix has joined the “Undersea Technology Innovation Consortium” that enables members to deliver new technologies quicker and more efficiently than traditional US federal acquisition requirements would otherwise permit. This is made possible by the “Other Transaction Authority” agreement for Undersea Technology Innovation that the consortium reached with the US Naval Undersea Warfare Center in June.

US Navy tips money into Aquabotix technology Bulls N' Bears 25 Jun 2018

US Navy tips money into Aquabotix technology

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Aquabotix has been awarded USD$78,000 from the US Navy to develop an unexploded ordnance detection solution that will be used to detect, locate and neutralise unexploded subsea ordnance. The company will incorporate the solution into its “SwarmDiver” miniature submarine drones or other unmanned underwater vehicles as it seriously strengthens its ties with one of the world's most powerful militaries.

Aquabotix sails into drone deal with US Navy Bulls N' Bears 13 Jun 2018

Aquabotix sails into drone deal with US Navy

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Aquabotix will have the opportunity to demonstrate its SwarmDiver underwater drones to the US Navy under a research and development deal with the United States Naval Undersea Warfare Center. The agreement gives the company access to the Narragansett Bay military test facility – including its ranges and personnel - to test and demonstrate its swarming drones.

Aquabotix embraced by US military with co-location deal Bulls N' Bears 28 May 2018

Aquabotix embraced by US military with co-location deal

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In a sure sign of its future strategy, underwater drone specialist Aquabotix will co-locate its American operations with the US military in Virginia in a bid to secure lucrative defence industry contracts. Aquabotix says the co-location with the Joint Munitions Command's Armament Retooling and Manufacturing Support Program strengthens its links with the US department of defence.

Aquabotix launches sci-fi underwater drone “swarms” Bulls N' Bears 10 Apr 2018

Aquabotix launches sci-fi underwater drone “swarms”

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Underwater drone specialist Aquabotix has announced the launch of its “Swarm Diver” product, an autonomous underwater and sea-surface robot that can work in cooperation with other units of its kind on security, recovery and data collection missions. The Sydney and US-based company says the remote-controlled vehicle, which weighs 1.7 kilograms, is the first of its kind commercially available.

Aquabotix turns out solid quarter of underwater drone sales Bulls N' Bears 30 Jan 2018

Aquabotix turns out solid quarter of underwater drone sales

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Aquabotix has reported a 22% increase in cash receipts for the December quarter, putting the underwater drone player in a sound financial slipstream as it accelerates towards new growth targets. The Sydney and Massachusetts-based company added 10 new distributors to its global network in the last quarter of the year and has revised sales targets for its automated drones in a number of industries.

Aquabotix sets sail with two new global partners Bulls N' Bears 19 Dec 2017

Aquabotix sets sail with two new global partners

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Subsea drone company Aquabotix has added two new distributors to an expanding global network that has seen 10 new partners come onboard in the past four months. Just one week after the launch of its new Integra AUV/ROV drone, the ASX-listed company welcomed Japan to its portfolio as it casts the sales net for its products on a wider arc into Australasian and Asia Pacific markets.

Aquabotix launches new, smarter underwater drone Bulls N' Bears 12 Dec 2017

Aquabotix launches new, smarter underwater drone

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Aquabotix has launched a smarter 'hybrid' drone that can be operated directly from the surface, autonomously or remotely. Deployed for security, research, environmental assessment and defence purposes, the drone can be controlled by one person and will deliver greater flexibility, the company says. The new drone is able to be mounted with additional sensors and has an 8 hour battery life.

Bulls N' Bears 29 Nov 2017

Aquabotix appoint new CEO

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Underwater drone innovator Aquabotix has taken its business ambition up a few pegs with the appointment of a US-based CEO whilst founding CEO Durval Tavares will move into the role of Chief Technology Officer to focus on product innovation. New CEO David Batista has a 20 year background in small caps and was most recently the Managing Director of financial services firm Viriathus Holdings.

Bulls N' Bears 23 Nov 2017

Are underwater drones the next big business frontier ?

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It seems that almost everyone is looking for a smarter, faster and cheaper way to do things these days. Aerial drones represent an irresistible and abundant opportunity for the technically minded to achieve these goals for us. But what of underwater drones ? Recently ASX listed company Aquabotix say the underwater drone business will eventually catch up to the aerial drone market.

Bulls N' Bears 03 Nov 2017

Aquabotix shakes up underwater drone industry with new tech

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ASX-listed Aquabotix has launched some new technology for their innovative range of underwater drones that enables its users to control the unmanned vehicles from anywhere in the world via the internet. The underwater robotics company says the game-changing tech also allows multiple users in different locations to operate the same vehicle remotely from everyday devices such as computers, phones and iPads.

Bulls N' Bears 26 Oct 2017

Aquabotix secures US distributor for underwater drones

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ASX-listed Aquabotix continues to rapidly expand its global distribution network, announcing emergency services equipment manufacturer W.S. Darley & Co as US distributor for its innovative range of underwater drones. The addition of Darley means Aquabotix now has distributor partners in the US, Canada, Australia, New Zealand, the UK, Ireland, India, Brazil and Scandinavia.

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