Xocean planning international expansion into North American and Asia
Local tech company Xocean is plotting an international expansion into North America and eventually Asia as it builds out its marine robotics centre in Greenore.
The company builds high-tech unmanned surface vessels, controlled remotely from Ireland via satellite, that collect vital data from the oceans.
“It’s a global market that we’re operating in, predominantly our focus has been in northern Europe but we absolutely have plans to start our first projects in North America in the next six months,” James Ives, its chief executive, told Fora.ie recently.
Xocean works with government agencies such as coastguards, oil and gas firms and offshore wind operators. Its current client list include the UK’s Maritime and Coastguard Agency and oil and gas giant BP.
“We’re actually in discussions with a number of clients about delivering our first projects in both Canada and the US. That’s something that we’re gearing up towards,” Ives said.
Further down the track, the company is looking at projects in Asia, he added.
“We would see ourselves getting busier on the international business stage over the next six to 18 months.”
Xocean raised €500,000 earlier this year from businessman Chris Huskilson, the former chief executive of Canadian energy firm Emera.
Xocean announced plans for expansion earlier this year with the addition of 60 jobs. It currently has three vessels on the seas with seven in construction.
“We have roles known as USV (unmanned surface vessel) pilots,” Ives said of the ongoing recruitment.
“These are the guys that are actually in the control room here in Carlingford and they’re actually monitoring and controlling the vessels that could be out in the middle of the North Sea or they could be operating on the other side of the Atlantic.”