A swathe of maritime tech specialists are looking for new work following the acquisition of New York-based Nautilus Labs by Denmark’s Danelec.
Many staff at Nautilus Labs, a voyage optimisation specialist, were laid off last week with news filtering in today that Danelec has bought the company for an unspecified price.
Danelec is best known for its voyage data recorders, shaft power meters, and as a provider of systems for digital monitoring of ship performance.
“With the acquisition of Nautilus Labs’ AI-based technology platform, we are looking to broaden our scope of impact,” said Casper Jensen, CEO of Danelec.
The acquisition is Danelec’s third acquisition within two years, following the purchase in December 2021 of Norwegian KYMA, a specialist in digital monitoring of ship operations, and the acquisition of the VDR and MDE business of MacGregor in November 2023.
The latest acquisition rounds off a dramatic year of consolidation within the maritime tech space.