Norwegian operator Reach Subsea has the equity portion of its autonomous newbuilding funding in place, but is keeping tight-lipped about the vessel series.
The Oslo-listed company announced this week that an unnamed strategic investor has agreed to take a stake of up to 33% in return for an initial NOK 150m ($17m).
The cash will help Reach develop its unmanned survey vessel operation, Reach Remote, developed with domestic technology company Kongsberg.
