Thrustmaster Buys Rolls-Royce DP

January 17, 2019

Rolls-Royce Commercial Marine has signed an agreement to sell the product Dynamic Positioning (DP) to the U.S. based company Thrustmaster of Texas, Inc.

The agreement means that Thrustmaster of Texas now takes over the Intellectual Property Rights (IPR) required to produce and sell the DP product. Rolls-Royce will also pass on necessary documentation and knowledge of the DP product. The agreement does not involve transfer of personnel.

Image courtesy Thrustmaster of Texas, Inc.
Image courtesy Thrustmaster of Texas, Inc.

Joe Bekker, President of Thrustmaster of Texas, based in Houston, stated that the company was “excited to now have direct access to this technology” and noted how it complimented the existing Thrustmaster product line.  

Related News

Van Oord Launches Giant Offshore Wind Installation Vessel Alfa Laval Names New UK Managing Director Salvors Set to Blast Collapsed Baltimore to Pieces Fit for Refit: Castoldi Launches 400HCT Turbodrive Waterjet Worker Dies in Accident at Peru's Chancay Megaport Project