Radix Marine Signs Contract to Build Prototypes

Wednesday, August 18, 2004
Radix Marine, Inc., a marine vessel development company specializing in port and homeland security and defense initiatives, signed a contract to build two prototype manned vessels with a marine technology company, Advanced Marine Concepts, formed by Philip Whitener, a retired Boeing test engineer and Eric Anderson, CEO of Art Anderson Associates. The boats will be built in Radix Marine's new manufacturing facility, making them the first such orders to be produced by the facility.

The prototype vessels are for a proprietary project being developed by Advanced Marine Concepts, and will use patented technology designed by the firm. Production on the vessels, codenamed "Dragonfly," will begin immediately. According to Advanced Marine Concepts, the Dragonfly prototype will demonstrate new ultra high efficiency technology for high-speed passenger and car ferries. The design combines surface effect ship and hydrofoil technologies. This is the third in a series from Radix Marine on its continuing move to build its in-house manufacturing capabilities. Earlier this month, the company acquired the equipment and facility for its own manufacturing plant -- the first of its own. The company plans to use the new facility primarily to support research and development, such as that represented by the contract with Advanced Marine Concepts, while continuing to outsource other areas of manufacturing. "This is exactly the type of order we envisioned when we made the decision to add our own manufacturing plant," said Kathy Bright, president and CEO of Radix Marine.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

Olympic Subsea Vessel Bags Contract

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0678 sec (15 req/sec)