WiSub Acquired by Transmark Subsea
The acquisition will strengthen their ability to provide solutions for the growing market for underwater autonomy and wireless drone docking.
WiSub is an ocean technology company based in Bergen, Norway. They supply patented, innovative and flexible wet-mate pinless underwater connection systems to international markets.
Transmark Subsea manufactures a broad range of qualified cable systems for distribution of electrical signals, power and fibre optics to the offshore subsea industry.
Transmark Subsea is taking a leading position in emerging markets through recent acquisitions and projects including delivering advanced systems for remote and automated control. WiSub’s team and technology are an important part of our strategic vision in this space,” says Leif Hugo Arntsen Managing Director Transmark Subsea’s in a press release.
GCE Ocean Technology have supported WiSub with pre-project funding; securing external funding from both Innovation Norway and the Research Council of Norway. Earlier this year, WiSub was awarded more pre-project funding from GCE Ocean Technology to enable faster, easier and more cost-efficient integration of underwater intervention drones into use.
WiSub took part in our first business development programme Subsea First Step in 2011. The founder and CEO Mark Bokenfohr has continuosly shared his experiences and expertise as an entrepreneur in various local and international forums, including cluster-organised events.
WiSub has been one of the most active members of our cluster. They have attended numerous of our projects and meeting places and we would like to thank WiSub, and especially Mark, for contributing with knowledge sharing and being an excellent ambassador for the cluster during their years as a member”, says Jon O. Hellevang, Senior Ocean Technology Innovator in GCE Ocean Technology.
WiSub was awarded the Subsea Upcoming Company of the Year Award in 2014 at Bergen’s esteemed annual Underwater Technology Conference (UTC). Following that, the company was awarded the prestigious Spotlight on New Technology Awards at OTC in Houston in both 2015 and 2017.
Combined, WiSub and Transmark Subsea continue to serve the energy industry while expanding further in to the blue growth market segment, our combined forces delivering greater end value through the development and delivery of advanced underwater interconnectivity.
– Our goal to support responsible and sustainable use of ocean resources through technological solutions is aligned with GCE Ocean Technology cluster’s evolving strategy”, says Mark Bokenfohr, now taking the role of Business Development Manager in Transmark Subsea.
We look forward to a continued valuable collaboration with GCE Ocean Technology in the months and years ahead”, finishes Bokenfohr.
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