Danelec Acquires Nautilus Labs For Maritime Advancements

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Combining Danelec’s onboard data capturing ship performance capabilities with the strong AI-based analytics platform of New York-based maritime technology company Nautilus Labs, Danelec will be able to offer a comprehensive turn-key solution to accelerate the maritime industry’s transition to high-quality, high-frequency data both supporting and accelerating the green agenda, says an article published on nautilus lab website.

Strategic Move To Accelerate Green Agenda

In a significant move to enhance its maritime safety and sustainability solutions, Danelec, a global leader in ship data management, has acquired the AI technology platform from Nautilus Labs. This strategic acquisition aims to leverage Nautilus Labs’ analytics expertise and drive efficiency, safety, and sustainability within the maritime industry.

Comprehensive Turn-Key Solution

Danelec, known for its onboard data capturing capabilities, will integrate Nautilus Labs’ AI-based platform to provide a comprehensive turn-key solution. This collaboration seeks to accelerate the maritime industry’s transition to high-quality, high-frequency data, supporting and advancing the green agenda.

Unlocking Synergies And Expertise

Casper Jensen, CEO at Danelec, highlights the broader impact of the acquisition, emphasizing the integration of Nautilus Labs’ market-leading maritime analytics platform and the onboarding of a team of top industry talent. The synergy between Danelec’s data capturing capabilities and Nautilus Labs’ analytics and machine learning expertise is poised to create innovative solutions.

Expanding Into Vessel Optimization

With a focus on vessel optimization, Danelec aims to offer a holistic solution for fleet efficiency. The combined suite includes shaft power meters, digital data capturing, and Nautilus Labs’ fleet performance platform. This integration is designed to provide valuable insights for optimizing operations, achieving savings, and ensuring regulatory compliance.

End-to-End Digital Journey

In the rapidly evolving digital landscape of the maritime sector, Danelec positions itself to serve customers throughout their digital journey. The acquisition of Nautilus Labs’ technology platform aligns with Danelec’s commitment to high-quality, high-frequency data, laying a solid foundation for the industry’s digital transformation.

Technology Agnostic Approach

While incorporating the AI-based technology platform into its offerings, Danelec reaffirms its technology-agnostic approach. The company believes in delivering solutions that cater to customers’ needs, tapping into existing setups without locking them into specific technologies. This approach aligns with Danelec’s reputation for openness and flexibility in the maritime market.

Continued Growth And Innovation

This acquisition marks Danelec’s third strategic move within two years, following the acquisitions of KYMA AS and the VDR and MDE business of MacGregor. Danelec’s latest annual report showcases impressive growth, with revenue nearly doubling from 168 million DKK to 298 million DKK in 2022/23, reflecting a 53% organic growth.

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Source: nautilus lab