There's a New Manned Submersible on the Market

Stingray 500 (Photo: Aquatica)

By Eric Haun

There's a new manned submersible on the market with potential to perform a diverse range of tasks - from commercial to research to defense.

Having completed sea trials and its first commercial dive, the Stingray 500, first in a series of new models from Canadian manned submersibles manufacturer and operator Aquatica Submarines and Subsea Technology Inc., is now poised to make waves in the defense, research and offshore commercial markets.

After completing sea trials to 690 feet with classification society DNV-GL, the sub has made its commercial expedition on artificial reefs off the coast of Vancouver for the Artificial Reef Society of British Columbia.

Now Aquatica said it has signed several strategic partner agreements to accelerate sales into the North American, European and Asian markets, enabling the manufacturer to promote the Stingray 500 for specific contracts in several key markets.

"Each of these individual companies has expertise and a strong leadership role in the regions where we seek sales representation," said Harvey Flemming, CEO and Founder of Aquatica Submarines.

Under the terms of the first agreement with MJM Offshore, an international offshore project consulting and service supplier to the offshore oil and gas industry, MJM will exclusively represent Aquatica in China, Hong Kong, Macau, and Taiwan, as well as in the U.K. and parts of Europe and the Middle East.

"When I first came across Aquatica Submarines and Subsea Technology Inc., I reached out them immediately, as I thought the company and technology had tremendous potential," stated Mario John McCabe, MJM Proprietor and Managing Director. "This versatile, stylish and compact vehicle is built for ease of fast track dispatch, transportation and deployment for any assignment in all waters worldwide."

The second agreement is with Singapore based MILWAVES Technology Pte. Ltd, a sales and service provider that serves the interests of a number of companies in defense technology and underwater systems to the military and maritime agencies in South East Asia. MILWAVES will be Aquatica's exclusive representative for the entire line of submersibles and subsea services in Singapore, Malaysia, Vietnam, Indonesia, Brunei, Myanmar, Philippines and the Maldives.

Richard Lee Business Development Director MILWAVES Technology Tte. Ltd., said, "The commercial submarine industry is fairly new to SEAsia markets, and this will be a good challenge for us to start the ball rolling in this region. In addition, the defense industry here is active, we just have to innovate suitable products to all customers need."

Aquatica's third partnership agreement is formed with Oceaneos Environmental Solutions, Inc., a scientific research company focused on the development of ocean seeding technology. Oceaneos' proprietary technology and process is designed to rehabilitate human-impacted marine ecosystems through targeted ocean fertilization methods that increases wild fish populations. Since early 2016, Oceaneos has promoted the use of Aquatica submersibles as part of its offerings worldwide, and the company is positioned to introduce Aquatica's products into the Fisheries Research market.

Jan 27, 2017

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