Advanced Underwater Surveys, a St Andrews and Dundee universities spin-out, sells 50% interest to DeepOcean UK to form ADUS DeepOcean.

DeepOcean UK, part of the seabed mapping DeepOcean group, has acquired a 50% interest in 3D sonar visualisation firm Advanced Underwater Surveys (ADUS), a spin-out of St Andrews and Dundee universities.

As part of the deal, ADUS will become ADUS DeepOcean.

The UK-based firm, which was used to survey the wreck of the Deepwater Horizon oil rig, produces subsea 3D visualisations. ADUS has recently begun to use its experience and technology to break into the offshore wind and oil markets, which can be used to generate images of seabed architecture and wind turbine foundations.

ADUS Co-founder, Mark Lawrence said “The acquisition of ADUS by DeepOcean is an excellent opportunity for all concerned; ADUS’ data acquisition and visualisation technologies will add value to DeepOcean’s core services, whilst providing ADUS with global access and resources it needs to grow in the energy market.”

ADUS Chairman Aubrey Thompson will remain on the Board…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?