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Rutter buys OceanWaveS

Rutter Inc has acquired OceanWaveS GmbH of Lüneburg, Germany, a company involved in the development and supply of radar-based wave and surface current measurement technology.

Rutter’s sigma S6 and OceanWaveS’ WaMoS are used for discrimination of ice, oil, small targets, waves, currents and bathymetry from conventional navigational X-band radar.

Rutter says that combining OceanWaveS’ wave and current measuring capabilities with Rutter’s sigma S6 Ice Navigator will give it “a competitive edge” in the offshore and coastal monitoring market.

“The acquisition aligns with Rutter’s operational strategy of delivering best-in-class ocean surface monitoring and reporting products in key markets such as offshore oil development, cold oceans exploration, and coastal monitoring and protection,” said Rutter’s president and chief executive officer, Fraser Edison.

“WaMoS II is a mature product with demonstrated market demand. Acquiring this product and underlying technology both eliminates a significant development risk and creates new revenue generation opportunities.”

“We are also pleased to have a German-based operation which provides Rutter with a technical centre and physical presence closer to European customers.”

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