The Darley partnership has already been announced through the ASX however it seems like the US Navy will be a repeat customer judging by the bolded part.
Aquabotix to partner with specialty division Darley Defense for product distribution to U.S. Navy
UUV Aquabotix Ltd (ASX:UUV) (“Aquabotix" or the “Company”) is pleased to announce the addition of W.S. Darley & Co. (Darley), a 100-year-old designer, manufacturer and distributor of firefighting, defense and emergency services equipment, as a distributor for Aquabotix in the United States. Through this partnership, Aquabotix will work closely with Darley Defense, a specialty division of Darley that markets new and existing products to the U.S. Department of Defense, to provide its underwater vehicles and camera systems to the U.S. Navy.
“Darley is a first-class company with a track record of dedication, excellence and success,” said Ted Curley, Chief Development Officer of Aquabotix. “They will be an important partner in support of our growing U.S. Navy business with our Endura ROVs and new Hybrid AUV/ROV.”
Aquabotix’s portable and easy to launch Hybrid AUV/ROV (autonomous/remote vehicle) and Endura ROV (remotely operated vehicle) are designed to aid the navies of the world by identifying and addressing increased underwater threats. These threats often occur in hazardous environments that are difficult and dangerous for divers.
“Aquabotix continues to partner with best in class distributors, including Darley, to help achieve our sales goals and increase our presence in the U.S.,” said Durval Tavares, CEO of Aquabotix. “With the addition of Darley to our roster, along with other key distributors, we look forward to reaching a wider range of users and suppliers across multiple sectors, while ensuring our underwater products and vehicles meet our customers’ needs.”
Darley Defense has executed large federal contracts dating back to pre-World War II and is a contract vendor in Defense Logistics Agency’s (DLA) Tailored Logistics Support (TLS) Programs for both fire and emergency services equipment and special operational equipment. The TLS Programs allow authorized government agency customers to quickly and easily allocate funds to procure mission-critical equipment and services. Darley is a supplier and contractor to the U.S. Navy, U.S. Army and U.S. Coast Guard, and is a GSA Schedule (GSA Advantage) prime supplier.
Darley joins several recent distributors to Aquabotix’s global network, including Sadaret Ltd., Seafloor Systems, Deekay Marine Services and A2 Marine Solution.
UUV Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held