Oceaneering International OII recently declared that its subsea robotics segment secured multiple contracts in the third quarter of 2022, with expected cumulative revenues of about $300 million.
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Moving on six legs, the robot can operate autonomously or under pilot control for up to seven hours of active movement or 16 of observation.
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The Woods Hole Oceanographic Institution Center for Marine Robotics (WHOI CMR) will host the Entrepreneurs Forum July 17 to 18 in Woods Hole, Massachusetts. The theme this year is “A Rising Tide” in the marine robotics space. The marine robotics industry is growing, new companies are being created weekly and investors are waking to the opportunities in the ocean domain.
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