Sign up Australia
Proactive Investors - Run By Investors For Investors

UUV Aquabotix to advance unmanned vehicle development in the United States

SwarmDiverTM's control interface allows an operator to interact with entire fleet as a single entity.
UUV Aquabotix to advance unmanned vehicle development in the United States
preparing for deployment

UUV Aquabotix Ltd (ASX:UUV) has a unique focus as an established underwater robotics company, and is commercialising its technology.

Aquabotix manufactures and sells commercial and industrial-grade underwater drones and cameras for commercial, high-end consumer and military applications.

In the next step, Aquabotix has agreed to co-locate with the United States Army through its Joint Munitions Command’s Armament Retooling and Manufacturing Support Program.

Aquabotix is establishing a place of business at Radford Army Ammunition Plant (RFAAP) in the state of Virginia.

RFAAP’s primary mission is to manufacture propellants and explosives in support of air defense, missile, and Navy weapon systems.

Next development plan

Aquabotix made the move in order to advance development of SwarmDiverTM, and other unmanned vehicles.

SwarmDiverTM leads a revolution in underwater technologies and has the potential to be a game-changer for the company.

The reason is there are no other unmanned vehicle or swarming unmanned vehicles with diving capabilities known to be commercially available to corporate and governmental users.

What is SwarmDiverTM

SwarmDiverTM is a micro unmanned surface vehicle and unmanned underwater vehicle that operates in a swarm.

Multiple SwarmDiversTM can function simultaneously as a single coordinated entity, be easily controlled via one operator on the surface, and perform dives on command to collect valuable intelligence.

Wireless communications protocols and advanced swarming algorithms allow a swarm of vehicles to act together, allowing for multiple grouping patterns to meet mission requirements, including synchronized dives and data capture.

View full UUV profile View Profile

UUV Aquabotix Ltd Timeline

Related Articles

Australian dollars
September 28 2018
The company is now achieving positive earnings before interest, tax, depreciation and amortisation results each month.
picture of trading screens
July 12 2018
With an optimistic outlook on future earnings, the company expects to recommend its first dividend in the second half of the current financial year.
An illustration of the tools Velpic uses in providing education and incident management
March 22 2018
Velpic has just signed its first NowForce client in Australia.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use