Naval Maritime Autonomy Company Raises $55 Million
Saronic, a maritime autonomy company focused on surface vessels, has announced a $55 million Series A funding.The round was led by Caffeinated Capital, with participation from 8VC, U.S. Innovative Technology Fund, Andreessen Horowitz, Lightspeed Venture Partners, Point72 Ventures, Silent Ventures, Overmatch Ventures, Ensemble VC, and Cubit Capital.With this raise, Saronic will accelerate research and development while expanding in-house manufacturing capacity for rapid production.The need for these autonomous surface vessels is clear, says Saronic.
Teledyne Acquires ChartWorld International
Teledyne Technologies Incorporated announced today that it has acquired ChartWorld International Limited and affiliates. ChartWorld, headquartered in Cyprus, with additional locations in Hamburg, Singapore, Vancouver and Tokyo, is a provider of digital marine navigation hardware and software provided through a subscription-based model. Terms of the transactions were not disclosed.Commercial maritime subscribers to ChartWorld’s software as a service (SaaS) receive free type-approved Electronic Chart Display and Information Systems (ECDIS), a lifetime warranty and global 24/7 support.
Korean Register to Drive LNG Fuelled Shipping
Korean Register (KR) will work alongside the Asia-Pacific Economic Cooperation Secretariat (APEC) to promote the use of LNG fuelled ships in the APEC region. APEC has awarded a contract to KR to further the understanding of the current state and future potential for LNG fuelled vessels to serve the region’s maritime trade requirements. Work will also include a program to share knowledge and best practice across the APEC region with the aim of promoting this new technology. At the seventh APEC Transportation Ministerial meeting held in 2011, the group confirmed their commitment to “an action agenda to move APEC towards an energy efficient…
Jotun Coatings Solves Repair and maintenance Challenges
Leveraging cross-industry knowledge and experience to deliver optimal anticorrosive coatings, Jotun once again widens the technology gap with Jotamastic 90 - a step change in high-tech surface tolerant coating solutions. Jotamastic is the leader in advanced epoxy mastic technology. 25 years of experience in both marine and protective environments have proven Jotamastic to be the market's first choice for lasting protection on aged steel and surfaces without optimal preparations, thus saving time and money during the maintenance process. Providing an undisputed ability to penetrate deep into the surface creates superior adhesion and therefore long lasting protection.
'Great Satan' Blamed for Iran's Y2K Woes
Although its more than 622 years away by their count, Iranians must deal with millennium issues in about 32 days. Iran's 20-year-old breach with the United States has come back to haunt it in the form of the Y2K computer bug, an obscure legacy of western technological domination. Islamic Iran's unique solar calendar may read year 1378, but it must grapple nonetheless with the feared after-effects of a Western computer short-cut timed to the start of the next Christian millennium. Most at risk, say Iranian engineers, is the large installed base of aging U.S. technology, largely dating back to before the 1979 Islamic Revolution. Much of it involves so-called embedded systems, monitors and controllers largely hidden from view and long-forgotten.
