Thalassa Holdings Limited Successful completion of sea trials (9129C)
04 Outubro 2018 - 3:00AM
UK Regulatory
TIDMTHAL
RNS Number : 9129C
Thalassa Holdings Limited
04 October 2018
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "THAL" or the "Company")
Successful completion of autonomous flying node sea trials
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
The board of Thalassa is pleased to report that the autonomous
sea trials recently conducted by its subsidiary Autonomous Robotics
Ltd (ARL) in Plymouth harbour were successful.
Details are provided in ARL's press release repeated below:
"The board of directors of Autonomous Robotics Ltd (ARL) is
pleased to report successful autonomous sea trials of a prototype
'flying node' autonomous underwater vehicle (AUV) at a location
offshore Plymouth harbour. The trials were performed under the
supervision of Arran Holloway (ARL's Engineering Director) and are
a major step forward in the proof of concept prototype development
phase. The trial successfully demonstrated the AUV autonomous
navigation and seabed landing and take-off operation".
"Arran Holloway said, "The AUV demonstrated exceptionally stable
flight and accurate navigation during the trial and completed all
tests successfully. This is a major milestone in the development of
the flying node concept and demonstrates the viability of some of
the novel features of the system".
"ARL is a UK marine robotics company developing a game-changing,
patented, autonomous underwater platform for ocean floor-based
sensing - the flying nodes system. Defence and offshore energy
companies are seeking cost-efficient solutions to replace manually
controlled deployment of large sensor grids on the ocean floor. ARL
will offer a swarm of novel AUVs carrying industry-proven sensor
packages which are autonomously deployed, positioned on the seabed
and recovered and creates a new market application for underwater
drones."
Duncan Soukup, chairman of Thalassa said: "The autonomous sea
trials were identified as a key milestone in the development of the
flying node AUV. The success of these trials is testament to the
high level of professionalism and dedication of the ARL technical
team, led by Arran Holloway."
Thalassa Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated Adviser and Broker)
Chris Fielding, Managing Director, Corporate Finance +44 (0)207 220 1650
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI
and quoted on AIM, is a holding company with various interests
across a number of industries.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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END
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