Norwegian maritime internet of things (IoT) company ScanReach has received Nkr18.5M (US$2.03M) in funding from state-backed Innovation Norway for a series of projects aimed at bringing wireless connectivity to the maritime and offshore industries
The pilot projects will cover enhanced personnel protection for the offshore wind and oil and gas industries, retrofitting ships to monitor fuel consumption in real-time, a retrofit solution for environmentally monitoring hazardous areas and rooms on board vessels, and wireless sensor solutions for automatic man overboard and fall detection.
ScanReach chief executive John Roger Nesje said “ScanReach has spent the last five years developing a unique technology for onboard wireless digital communication through steel. Applying this technology will be a key driver for digitalisation and optimisation of the global maritime industry, while creating enormous opportunities for value creation in the Norwegian maritime industry.”
Funding from Innovation Norway will support up to 60% of total contract costs. The contracts were selected for their ability to demonstrate innovation with the potential to strengthen competitiveness in Norway, while providing clear benefits for clients. Innovation Norway Vestland’s regional director Nina Broch Mathisen said “We are pleased to be able to help ScanReach deliver the full value of this innovative Norwegian technology to customers in the maritime and offshore industry.”
Mr Nesje added “We are pleased for the opportunity to help our project partners meet ever-increasing demands for safety and efficiency in their daily operations. The support from Innovation Norway confirms the validity of our solutions in this effort. We believe 2020 will be a milestone in the digitalisation of the maritime industry.”
Innovation Norway is a state-owned national development bank that assists Norwegian business in innovation and development.
ScanReach’s partners on the projects include Olympic Shipping, REM Offshore, Havila Shipping, Peak Group, Dess Aquaculture Shipping and Awilco Drilling. The projects begin in 2020 and will run until 2022.