UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) today announced the appointment of David Batista as Chief Executive Officer. The Company’s current CEO and founder, Durval Tavares, will assume the role of Chief Technology Officer.
“The underwater drone market is growing rapidly and, thanks to Durval’s leadership, Aquabotix has emerged as a formidable competitor,” said Batista, an experienced business leader in the small-cap listed space. “I look forward to working closely with Durval to continue expanding Aquabotix’s technology and capabilities and positioning Aquabotix as an unsurpassed leader in underwater robotics.”
In his new role as Chief Technology Officer, Tavares will lead development of the company’s underwater ROV (remotely operated vehicle) and Hybrid AUV/ROV (autonomous underwater vehicle/remotely operated vehicle) technology, with a particular focus on application in high-demand verticals such as military, security and law enforcement, aquaculture and marine construction and maintenance.
“When I founded Aquabotix six years ago, my goal was to develop and build leading-class technology designed to change how we view the underwater world,” said Tavares. “This remains my goal to this day. I look forward to devoting my time to leading the development of our new technologies and working with David to bring several new innovations to market in the near future. David’s market expertise makes him the perfect choice to help make the company scalable for growth.”
Batista is the former Senior Managing Director of independent financial services firm Viriathus Holdings LLC. He has more than 20 years of experience working with small-cap listed companies, both in the U.S. and Australia. While at Viriathus Holdings, Batista closed more than 40 investment and M&A transactions for domestic and international clients, in addition to managing the day-to-day operations of the firm. Batista previously held roles with HPC Capital Management Corp., SoundView Technology Group and Lehman Brothers Inc. A graduate of C.W. Post College, Batista also has several post-graduate qualifications from The New York Institute of Finance.
UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) is pleased to announce the addition of W.S. Darley & Co. (Darley), a 100-year-old designer, manufacturer and distributor of firefighting, defense and emergency services equipment, as a distributor for Aquabotix in the United States. Through this partnership, Aquabotix will work closely with Darley Defense, a specialty division of Darley that markets new and existing products to the U.S. Department of Defense, to provide its underwater vehicles and camera systems to the U.S. Navy.
“Darley is a first-class company with a track record of dedication, excellence and success,” said Ted Curley, Chief Development Officer of Aquabotix. “They will be an important partner in support of our growing U.S. Navy business with our Endura ROVs and new Hybrid AUV/ROV.”
Aquabotix’s portable and easy to launch Hybrid AUV/ROV (autonomous/remote vehicle) and Endura ROV (remotely operated vehicle) are designed to aid the navies of the world by identifying and addressing increased underwater threats. These threats often occur in hazardous environments that are difficult and dangerous for divers.
“Aquabotix continues to partner with best in class distributors, including Darley, to help achieve our sales goals and increase our presence in the U.S.,” said Durval Tavares, CEO of Aquabotix. “With the addition of Darley to our roster, along with other key distributors, we look forward to reaching a wider range of users and suppliers across multiple sectors, while ensuring our underwater products and vehicles meet our customers’ needs.”
Darley Defense has executed large federal contracts dating back to pre-World War II and is a contract vendor in Defense Logistics Agency’s (DLA) Tailored Logistics Support (TLS) Programs for both fire and emergency services equipment and special operational equipment. The TLS Programs allow authorized government agency customers to quickly and easily allocate funds to procure mission-critical equipment and services. Darley is a supplier and contractor to the U.S. Navy, U.S. Army and U.S. Coast Guard, and is a GSA Schedule (GSA Advantage) prime supplier.
Darley joins several recent distributors to Aquabotix’s global network, including Sadaret Ltd., Seafloor Systems, Deekay Marine Services and A2 Marine Solution.
Commercial Diving is the act of sending professional divers underwater to accomplish extremely skilled and sometimes dangerous work. Commercial Divers can be seen offshore, often working for the oil & gas industry, performing underwater inspections, cleaning, repairing and even welding underwater.
Commercial Diving is critical to the construction, inspection and maintenance of our underwater infrastructure, from boats, bridges, oil rigs, pipelines, and dams. Commercial Divers provide the means for manned underwater intervention. But what happens when the situation poses a significant safety risk? Inspection-class Remotely Operated Vehicles (ROVs) can be used for unmanned intervention, performing many of the same tasks as a diver while reducing risk.
While professional divers will never be replaced due to their unique skills, certifications, and human ingenuity, commercial dive companies which utilize ROVs have a leg up on the competition by offering an extended line of services at a lower price point to meet the needs of a larger customer base. Services including:
The first step in understanding a problem underwater is to survey the situation. For this, an inspection class ROV provides a quick way to get a live video feed underwater, operate continuously, and record video and sonar data of the mission for further analysis.
Remotely Operated Vehicles are routinely equipped with a variety of underwater instruments to collect samples and data in real time. ROV attachments include grabber arms, water and sediment samplers, water quality probes, non-destructive metal thickness gauges, sonar, GPS positioning systems, depth and temperature gauges, and a host of other instruments, all designed to collect the right information in
the right place.
Depending on the size of the ROV, advanced instruments and tooling can be added to accomplish heavy tasks, from salvage to repair. Work-class ROVs often include robotic manipulator arms, tool trays, stabilized thrust and large payload capacity. For deep dives, dangerous locations, and extended operation, ROVs can do a variety of tasks safely.
Whenever your underwater mission calls for inspection, especially in challenging conditions, consider using an ROV to complete the task or to aid divers with preliminary inspection to keep them safe.
UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) today introduced Live Remote Control, which allows users to pilot Aquabotix’s underwater vehicles and cameras from any web browser-enabled device, remotely, from anywhere in the world. This class-leading technology has applications for any business, research centre, security force of defence unit with a multi-site presence in the underwater world.
Live Remote Control enables users to operate Aquabotix’s Endura ROV (remotely operated vehicle), Hybrid AUV/ROV (autonomous/remotely operated vehicle) and AquaLens Connect (networked underwater camera system) during underwater activities from any location globally, using browser-based devices such as computers, phones and iPads, over the Internet, without the operator being physically present on-site.
Below is an artist’s rendering of Live Remote Control’s applicability to the aquaculture sector. For example, the operator could be sitting in the head-office in Norway, and controlling an Endura in a fish net at an aquaculture farm off the coast of Chile, thousands of miles away.
Importantly, Live Remote Control also enables multiple operators (in multiple global locations, if needed) to operate the same unmanned underwater vehicle.
Live Remote Control is designed to expand the virtual presence of Aquabotix’s product users, allowing them to better monitor what’s happening at all times, while sharing data across multiple sites. The web-driven innovation also reduces the need for increased or expensive on-site manpower for underwater operations.
This method of operation is conceptually somewhat similar to how the world’s technologically most advanced militaries have, for years, operated battlefield aerial drones from safe locations outside of the theatre of war.
“With Live Remote Control, any browser-based modern device can now interact with our system,” said Durval Tavares, CEO of Aquabotix. “Having our customers operate unmanned systems underwater in a live, immediate fashion, from anywhere in the world, is a game-changer for the underwater robotics industry. Advances in underwater unmanned systems typically lag those in the aerial domain by several years. Aquabotix is proud that the smart computing power of its vehicles enables the company to achieve innovations like these, which are at the forefront of advances in the industry.”
“Driving an underwater vehicle through a web browser previously seemed impossible,” said Ted Curley, Chief Development Officer of Aquabotix. “Live Remote Control now changes the timeline for how underwater processes can be accomplished both on land and under the sea.”