Ponta Delgada, Azores (PRESS RELEASE-February 27, 2017) Azorean Aquatic Technologies, S.A. (ENXTPA: MLAAT) (“Azorean”) announced today that it has signed a commercial agreement with UUV Aquabotix Ltd. (ASX: UUV) (“Aquabotix”) whereby Azorean will introduce customers in Portugal and other markets to Aquabotix.
António Câmara, Chairman of Azorean, stated “Azorean is a consumer product oriented aquatic technologies company. However, on numerous occasions, we have been approached to deliver products and services to professional clients in fishing, aquaculture, yachting, scientific research, environmental monitoring, security, and harbor services. Those products and services fall usually in the autonomous and remote operated underwater vehicles category, and require high-quality cameras and sensors. We found in Aquabotix a high-quality supplier of those solutions.”
“We welcome Azorean to our distributor and partner network,” commented David Batista, Chief Executive Officer of Aquabotix. “Having a commercial partner covering a native market which includes an economic exclusive area in the Atlantic Ocean the size of Europe presents exciting opportunities for Aquabotix.”
Both companies represent Portugal’s tradition of ocean exploration in that they both have Portuguese roots with Azorean having its headquarters in Ponta Delgada, Azores, and Aquabotix’s CEO, David Batista, and CTO & Founder, Durval Tavares, both being dual-citizens of Portugal and the United States.
Azorean Aquatic Technologies, S.A. (www.azorean.eu) aims to become a world leading company in marine robotics by providing a new generation of tools for ocean exploration. Azorean seeks innovative solutions to produce low-cost specialized instruments and autonomous robots for different market segments: from leisure to business and scientific exploration.
UUV Aquabotix Ltd. (www.aquabotix.com) is a technology leader in portable unmanned underwater vehicles. It’s portfolio of products includes remotely operated vehicles (ROVs), hybrid autonomous/remote underwater vehicles (Hybrid AUV/ROV) and underwater camera systems. Aquabotix products are utilized in commercial, educational, industrial, government, military and recreational applications.
For more information, please contact:
Chief Executive Officer
Azorean Aquatic Technologies, S.A.
Chief Executive Officer
UUV Aquabotix Ltd.