SRT Marine Systems PLC AIS Aids to Navigation Contract (3450O)
August 18 2017 - 1:00AM
UK Regulatory
TIDMSRT
RNS Number : 3450O
SRT Marine Systems PLC
18 August 2017
SRT MARINE SYSTEMS PLC
(AIM: SRT)
("SRT" or the "Company")
AIS Aids to Navigation Contract
SRT Marine Systems plc, the provider of maritime tracking,
management and surveillance technologies, products and integrated
system solutions for ports, waterways, fisheries and coast guards,
announces the receipt of an order for 200 AIS Aids to Navigation
('AtoN') transceivers for immediate delivery.
The order is for the world's biggest single deployment of AIS
AtoN and will be installed along part of a European waterway. The
system will be used to enhance traffic control, the monitoring of
the exact buoy location and status and the continuous real time
monitoring of the local maritime environment and weather.
SRT's AtoN solution was selected following over a year of
evaluation and testing due to a number of technological, quality
and reliability factors. Of particular note was:
- the high quality and reliability of the AIS radio communications (receive and transmit);
- the small yet robust build quality and reliability which
enables long term maintenance free continuous operation in extreme
maritime conditions;
- the ultra low power consumption, which is 50% lower than any
other AIS AtoN on the market and results in smaller and cheaper
solar panels and batteries for power;
- the ability to transmit unlimited user defined virtual AtoN's,
sophisticated encryption that allows secure remote control of the
AtoN's by the authorities; and
- a unique ability to easily integrate multiple external sensors.
Other integrated technologies such as SAT-Trak, which enables
enhanced satellite reception of AIS transmissions, may be activated
in the future at the customer's discretion.
Simon Tucker, CEO of SRT Marine Systems, commented:
"In the final analysis it is our core technology that makes the
operational difference to our customers who want reliable real
world AIS functionality and performance. Our investments and
innovations in core technology are reflected in the superior real
world operational performance and functionality of all our products
and this is but one example of how this delivers real contracts.
AIS AtoN is still a relatively new addition to the growing AIS big
data eco-system and orders will take time to build. However, with
many thousands of buoys and remote maritime infrastructure
worldwide we believe our significant technology, product and market
investments place SRT in a dominant position within this promising
new market segment."
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information, please
contact:
SRT Marine Systems plc www.srt-marine.com
+ 44 (0) 1761 409500
Simon Tucker (CEO) simon.tucker@srt-marine.com
Louise Coates (Marketing Manager) louise.coates@srt-marine.com
finnCap Ltd
Jonny Franklin-Adams / Simon +44 (0) 20 7220
Hicks (Corporate Finance) 0500
Emily Morris / Camille Gochez
(Corporate Broking)
About SRT Marine Systems plc:
SRT develops, manufactures and supplies maritime vessel tracking
technology and turn-key system solutions to marine stakeholders
across the globe with a particular expertise in AIS. The Company's
products and solutions are used by individual vessel owners, port
authorities, maritime infrastructure owners, coast guards and
national security agencies to enhance their maritime domain
awareness. Applications include the tracking of commercial and
leisure vessels; sustainable fishery; anti-collision; search and
rescue; waterway management, port and coast security; pollution
management; and environmental management.
This information is provided by RNS
The company news service from the London Stock Exchange
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