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Reach Subsea gets funding for Reach Remote from EU Innovation Fund

Date: 24 Oct 2024 Author: Raymond

Reach Subsea has been granted funding of up to EUR 14.3 million from the EU Innovation Fund under the Net Zero Technologies initiative. The funding will support the scale-up of the Reach Remote project, which focuses on developing advanced remote unmanned surface vessels for efficient and sustainable operations in ocean-based industries.

🎤 “This is a significant step forward for Reach Subsea’s innovation agenda, our Reach Remote scale up plans and our commitment to driving sustainable ocean technology. We are excited to contribute to a cleaner, more efficient future,” says CEO, Jostein Alendal.

The EU Innovation Fund is one of the world’s largest funding mechanisms for advancing zero-emission and innovative technologies. It aims to bring decarbonization solutions to the market, supporting the transition to climate neutrality while enhancing competitiveness.

Reach Remote vessels specifications:
🔹 Hulls: Reach Remote 1, Reach Remote 2
🔹 Owner: Reach Subsea
🔹 Designer: Kongsberg Maritime
🔹 Builder: Trosvik Maritime
🔹 Autonomy operator: Massterly
🔹 LOA – 23.9 m
🔹 Maximum speed – 11 knots
🔹 Payload:
◾ Multibeam echo sounder: Kongsberg Maritime EM2040
◾ Sub-bottom profiler: Kongsberg Maritime TOPAS PS 120
◾ROV: Kystdesign ZEEROV

📃📷 Source: Reach Subsea