Kongsberg Discovery Acquires Naxys Technologies

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  • Kongsberg Discovery, a division of Kongsberg Gruppen, has acquired Naxys Technologies, a leader in passive acoustic leak detection and environmental monitoring technology. The agreement was signed on December 20, with the announcement made on January 7 in Bergen.
  • CEO Geir Håøy highlights that the acquisition aligns with Kongsberg’s expertise in ocean technology and ambitions for sustainable growth in ocean space solutions.
  • Naxys will join Kongsberg Discovery, which focuses on advanced sensors and underwater robotics, supporting both organic and inorganic growth strategies.

Technology and Market Highlights

Naxys Technologies is recognized for its cutting-edge passive hydroacoustics technology, enabling rapid detection of leaks and monitoring subsea machinery, critical for the oil and gas industry. The acquisition enhances Kongsberg Discovery’s hydroacoustics portfolio, which began with sonar technology in the 1950s. Naxys’ capabilities will broaden product offerings for sustainability and safety. With the support of Kongsberg Discovery, Naxys aims to expand internationally, leveraging Kongsberg’s strength and ambitions in technology.

Key Statements

  • Geir Håøy (CEO, KONGSBERG): “The acquisition fits well into our technology portfolio and growth ambitions, strengthening our position as ocean space experts.”
  • Martin Wien Fjell (CEO, Kongsberg Discovery): “Naxys’ expertise in environmental monitoring and passive hydroacoustics aligns with our focus on sustainability and safety. This acquisition is a milestone in our growth journey.”
  • Jens Abrahamsen (GM, Naxys Technologies): “As part of KONGSBERG, we gain the opportunity to grow further in the global market.”

Operational Details

Naxys Technologies will maintain its operations in Bergen, Norway, with 28 employees. The company expects to exceed NOK 100 million in turnover in 2024. Naxys has production, research and development, sales, and service departments in Bergen.

Conclusion

This acquisition positions Kongsberg Discovery to strengthen its capabilities in hydroacoustics and meet increasing global demands for sustainability and safety in ocean monitoring. The partnership is expected to unlock significant growth opportunities for Naxys in international markets.

 

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Source: KONGSBERG