AST Networks snaps up Reygar Marine
International marine communications integrator AST Networks has bought the UK-based monitoring and control firm Reygar, the company announced today.
The move, says AST, ’enhances AST Networks’ capabilities un delivering comprehensive solutions to the maritime industry, leveraging the complementary strengths and expertise of Reygar to create a formidable force in the market’.
“The synergies between the two entities promise to unlock new opportunities, enhance operational efficiency and deliver unmatched value to customers worldwide.” it says.
Reygar is known for its BareFLEET vessel performance monitoring technology, for which it secured Innovate UK funding last year to develop and enhance in collaboration with the Singapore-based Penguin International, a designer and builder of high-speed aluminium craft.
The ’FleetVision’ project built on the design to offer live feedback on various aspects of vessel performance, Reygar says.
“Reygar’s expertise in vessel performance monitoring perfectly complements our existing suite of IoT (IRAMS) and network solutions, allowing us to offer end-to-end capabilities for optimising fleet operations, enhancing safety, and maximising efficiency,” said Gregory Darling, founder and chairman of AST Networks.
“We are excited to join forces with AST Networks and bring our expertise in vessel performance monitoring to a wider audience,” said Reygar , managing director Chris Huxley-Reynard.
“I can confirm that all management and staff will be remaining the same – they are critical to the success of the organisation,” said AST Networks Group marketing & communication manager Sally Hubble-Button.
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