Marine digital imaging and software firm Teledyne has expanded its empire with the purchase of Cyprus-based ChartWorld International, which will add a range of cyber security options to its portfolio as well as other navigational tools.
“ChartWorld’s maritime navigation software and hardware tools bridge a product and technology gap between our Teledyne Marine and Raymarine businesses,” said Robert Mehrabian, chairman, president, and CEO. “Furthermore, the acquisition adds to our software capabilities and recurring revenue, while expanding our customer base to include commercial Safety of Life at Sea (SOLAS) class vessels and their commercial fleet operators.”
ChartWorld’s eChart Secure system protects ECDIS and other networks and promises to keep all data exchange safe, controlled and monitored for cyber threats, the company says. The system is delivered on a subscription basis.
ChartWorld also provides digital Electronic Navigational Charts (ENCs) and other geospatial software and services, including digital route appraisal and voyage planning, as well as onshore software for fleet monitoring and risk assessment.
Teledyne will also be picking up ChartWorld’s affiliates, such as SevenCs, which provides ENC production and distribution software, as well as software development kits for the display of ENCs in accordance with maritime standards to other navigation system OEMs.
Separately, in November 2022, Teledyne Marine sold three GAVIA Autonomous Underwater Vehicles (AUVs) to the Polish Ministry of Defence. The AUVs are to be added to the current fleet to carry out Naval Mine Countermeasures.