The company specialises in innovative robotics, particularly unmanned vehicles, and IoT technology to monitor and collect data at sea.
Earlier this year it was awarded €199,739 in funding over two years via the Marine Institute to transform marine monitoring and data collection, as previously reported on Afloat.ie.
In addition the Greenore-based business raised half a million euro from Chris Huskilson, former CEO of Canadian energy company Emera and now chairman of Xocean.
While its focus until now has been on northern Europe, with clients including the UK’s Maritime and Coastguard Agency, Xocean confirms it is in discussions to deliver its first projects in the US and Canada within the next six months.
Fora has much more on the story HERE.