{"id":562439,"date":"2022-04-14T13:53:06","date_gmt":"2022-04-14T17:53:06","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=562439"},"modified":"2022-04-14T13:55:26","modified_gmt":"2022-04-14T17:55:26","slug":"halma-acquires-underwater-rov-company-deep-trekker","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/halma-acquires-underwater-rov-company-deep-trekker\/","title":{"rendered":"Halma acquires underwater ROV maker Deep Trekker"},"content":{"rendered":"
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Deep Trekker’s DTG3 ROV exploring an underwater shipwreck. | Source: Deep Trekker<\/p><\/div>\n

Halma PLC<\/a> has acquired Deep Trekker<\/a>, an Ontario, Canada-based developer of submersible robots, for around $47 million on a cash and debt free basis. Deep Trekker will be managed as a standalone company and will join Halma’s Environmental and Analysis sector.<\/p>\n

Deep Trekker’s line of underwater ROVs include the DTG3 ROV, which can reach a max depth of 200 m and has a battery life of up to eight hours, as well as two ROVs that can reach up to 305 m but have shorter battery lives. The Pivot ROV can run for up to three hours, while the Revolution ROV can run for up to six. <\/p>\n

The company’s ROVs are used for underwater inspection and tasks in a variety of industries, including aquaculture, infrastructure, energy, search and recovery, commercial diving, defense and ocean science.<\/p>\n

Deep Trekker brought in over $15 million in 2021, with a return on sales above Halma’s target range of 18%-22%. Around two-thirds of the company’s revenue comes from business in the Americas, while 15% comes from Europe.<\/p>\n