VideoRay, a supplier of inspection-class underwater robotic programs, and Neotek, a provider of measurement, management, evaluation and information transmission tools for subsea purposes, have entered right into a letter of intent (LOI) settlement for the distribution and repair of present and future Mission Specialist ROV programs and equipment within the EU.
The settlement, which the businesses will finalize by the top of 2023, renews Neotek as an Licensed VideoRay Seller in France and Belgium, with different EU nations to be added sooner or later. Neotek, headquartered in Lorient, France, will even function VideoRay Licensed Service Facilities within the EU. Neotek would be the unique EU operator of the brand new VideoRay EU Distribution and Meeting Middle. All VideoRay merchandise ordered by clients within the EU will probably be delivered by this middle.
“Neotek is the best accomplice to drive our development technique within the EU as a result of the corporate has been supplying progressive tools for offshore purposes for almost 40 years,” stated Chris Gibson, VideoRay’s CEO. “Neotek has the experience to help the technological advances in autonomous ROV operation and AI-driven capabilities we’re engineering into our Mission Specialist submersibles which are changing into indispensable for our clients.”
Neotek CEO François Xavier de Cointet added, “We’re very excited to increase our relationship with VideoRay and additional our help all through the EU, together with the essential European navy market and rising industries similar to offshore wind farms.”
