Deep-sea Submersible Purchase by OceanGate
OceanGate Inc., provider of deep-sea manned submersible solutions, buys 3-person, diesel-electric submersible 'Lula'f rom Portugal's Rebikoff-Niggeler Foundation. The submarine, which can operate at a depth of 500 meters (1,640 feet), was purchased to meet the increased demand for manned submersibles in commercial applications focused on biological and environmental surveys, monitoring, and inspection. Having conducted hundreds of dives during her 10-year operating history, Lula will expand OceanGate's ability to meet growing industry client demands…
RSL Fiber Systems to Provide Remote Source Lighting for Italian Navy Warships
EAST HARTFORD, CT (April 11, 2011) – RSL Fiber Systems, LLC has added yet another major distinction to its rapidly-increasing portfolio of achievements, securing its first international defense contract, with Italian shipbuilder Fincantieri, to supply fiber optic remote source lighting systems for the Italian Navy’s new FREMM class frigates, currently under construction. The contract, for the first six of an anticipated 10 FREMM (Fregata Europea Multi-Missione) anti-submarine warfare and general purpose frigates, is RSL’s first non-U.S. Navy agreement. Financial terms were not disclosed.