SRT Marine Systems plc News

SRT Marine Systems plc (SRT), a global provider of maritime domain awareness systems and technologies for security, safety, and environmental protection, is pleased to announce that it has agreed a substantial investment and short-term finance bridge support package from existing shareholder Ocean Infinity (OI), worth approximately £31 million.   Finance support package This new financing allows SRT to immediately satisfy the need for the substantial performance bond required under...

SRT Marine Systems plc (SRT), a global provider of maritime domain awareness systems and technologies for security, safety, and environmental protection, is pleased to advise that it has received a formal contract award notification from a Sovereign Government Ministry for a contract worth US$ 213 million to deliver an integrated SRT maritime surveillance system.  The award is subject only to completion of the formal contract and associated performance bond, which are now underway and expe...

At a formal event in Manila, Philippines, on Wednesday, 9th February 2022, the Bureau of Fisheries and Aquatic Resources (BFAR) announced the official commencement of fisheries management operations using IMEMS, their new national fisheries monitoring, control, and surveillance (MCS) system. The IMEMS system is the most advanced fisheries monitoring and management system in Asia, and the Philippines is now leading the way in the fight against illegal (IUU) fishing and sustainable management of...

SRT Marine Systems plc (‘SRT’), a global provider of next-generation integrated maritime domain and coastal surveillance and monitoring systems for national coast guards and fishery authorities, is pleased to announce that on Wednesday, 5th January 2022, it received formal written notice of award for a new SRT-MDA™ System project with a national coast guard. The formal contract signing is expected to be completed before the end of January. The award is for the first of th...

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 that it will build and launch its own maritime monitoring satellite constellation, called OCEAN-SCAN, which will provide enhanced global vessel detection and tracking, and a new recurring revenue source from maritime domain awareness (MDA) system project customers. The OCEAN-SCAN system The OCEA...

SRT is pleased to announce that it has received an order for 400 AIS Identifier VMS Transceiver kits, which will be deployed in West Africa for the tracking and identification of small fishing vessels. The Identifier VMS Transceiver kits will be deployed by authorities as part of a long term programme to track and identify small and medium size fishing boats and assist with the prevention of illegal and unregulated fishing.  Detection optimisation technology The Identifier VMS Transceiv...

SRT Marine Systems plc (“SRT”) is pleased to announce that the terms of the existing agreement between exactEarth Ltd. (“eE”) and SRT have been revised and a new non-exclusive agreement was entered into on 11 August 2016. Under the new agreement, SRT and eE will continue to have mutually exclusive use and rights to ABSEA (a technology comprising SRT and eE owned intellectual property that assists the eE satellite AIS network to detect transmissions from AIS Class B trans...

SRT, the global provider of maritime tracking technologies, products and turn-key system solutions, is pleased to announce that it has been awarded a contract to supply the Panama Canal with its GeoVS maritime display and data management VTS system. The Panama Canal is undergoing a large investment programme, which has seen its capacity significantly increased. An important part of the programme is the implementation of technologies, which provide the Panama Canal operators with enhanced situat...

The SRT VMS System delivers a complete turn-key fisheries management solution at a cost that is up to 40% lower than traditional VMS systems whilst simultaneously delivering better performance, reliability, functionality, and future-proof flexibility. Proven around the world, the SRT VMS system includes functionality such as reliable ultra-low cost global tracking of any vessel and type and size, electronic fish catch reporting and auditing, advanced vessel ELOG system, integrated aquatic envir...

SRT Marine Systems is pleased announce the availability of its new range of next generation AIS transceiver OEM product solutions. The range covers all AIS product segments from Class A to Class B and SART, including both standard (2W-CSTDMA) and high powered (5W-SOTDMA) AIS Class B and as standard all are certified waterproof and manufactured to the highest standards using the finest materials for long term reliability. Next-gen AIS transceiver OEM products SRT’s unique HF-AIS core tec...

SRT VTS utilises Dynamic 3D to automatically display all elements of the maritime environment in real-time and fully in 3 dimensions. The system uses standard chart, AIS and other sensor data, leading to faster and vastly improved comprehension of maritime situations. This has led to its use by many maritime organisations – and in some highly emotive legal cases – resulting in significantly improved understanding of incidents and disasters and generally leading to more efficient and...

SRT, the global provider of maritime tracking and monitoring technologies and turn-key system solutions, has won the main International Company of the Year award (up to 50M turnover) at Insider’s South West International Trade Awards 2016. The company stood out on a night that recognised the very best in South West overseas business success. The judges said ‘this £10M turnover business has cracked open opportunities in Asia and we’re wowed by its new contract’. Gra...

SRT, the global provider of maritime tracking technologies, products and turn-key system solutions, is pleased to announce that it has entered into a major agreement (the “Agreement”) for the supply of a significant maritime domain management system (“MDM system” or the “System”) for a large country in Asia. Under the Agreement, SRT will play an integral role in the development and implementation of a national integrated maritime system, which is expected to...