Market Overview

I think you’ll love what you hear,
what you’ll see and the opportunities
that will be set before you.
- Jon Najarian
GET TICKETS

ECA Group, Subsidiary of Groupe Gorgé, Awarded a Contract for Two Underwater Survey & Mine Counter Measures AUVs A9-M

Share:
PARIS--(BUSINESS WIRE)--

ECA Group, subsidiary of Groupe Gorgé, has been awarded a new contract for the delivery of two man portable Autonomous Underwater Vehicles (AUVs) A9-M for an amount over 1 million Euros. Successfully used by the French Navy and several others since 2013, the A9-M will quickly join a NATO Navy.

This AUV solution developed by ECA Group, is specifically designed for underwater survey and in particular for the Mine Counter Measure operations in shallow and medium water.

A9 can be used as a standalone system with its own mission management software.

It can also be integrated in a more comprehensive robotic system able to fulfill all the Mine Counter Measures operations. This MCM robotic package, fully developed by ECA Group, combines:

- A9-M AUV for high performance Mine detection and classification,

- SEASCAN MK2 ROV for Mine Identification,

- K-STER C for Mine neutralization,

- UMIS (Unmanned Mine Counter Measure Information System): a Mission management system dedicated to MCM.

Thus, A9 range, designed in 2012, integrates the latest AUV technologies in addition to ECA Group's 50 years of experience in robotics. Thanks to their modular design, they can be equipped with various payloads and used for different applications such as mine detection and classification, seabed coastal and harbor surveillance.

A good level of activity shown during the second half

The signing of this new contract complements the significant order intake since the beginning of the second half announced at the 2015 interim results. The Group would point out that two contracts for protecting ships against underwater mines were won in Asia by the Robotics and Embedded Systems division of ECA Group. These two contracts, totaling in the region of €25 million, will be fulfilled in 2016 and 2017.

About Groupe Gorgé:

Established in 1990, Group Gorgé is an industrial group operating in different areas of expertise: Smart Safety Systems, Protection in Nuclear Environments, Industrial Projects & Services and 3D Printing

In 2014, the Group reported revenue of €223.3 million. It is backed by 1,370 employees and operations in over ten countries. Groupe Gorgé is listed on NYSE Euronext Paris (ISIN: FR0000062671; Ticker code: GOE) and on the US OTC market (ISIN: US3994511034; OTC Pink: GGRGY / GGRGF) in the form of ADR.

More information available on www.groupe-gorge.com

Groupe Gorgé
Nathalie Lagos, Tel : +33 1 44 77 94 77
contact@groupe-gorge.com

View Comments and Join the Discussion!
 
Lightning Fast
Market News Service
$199 Free 14 Day Trial