2nd Jun 2014 09:30
LONDON (Alliance News) - Software Radio Technology PLC Monday said it has received an order for 410 Identifier AIS transceivers and a GeoVS VIEWER display system for deployment for vessels operating in the Galapagos Islands, near the coast of Ecuador.
AIS is a real-time mesh network technology which provides constantly updated data on the identity and movement of vessels and other marine objects.
This information is broadcast on defined radio frequencies whilst simultaneously receiving similar messages from other AIS devices within range.
The AIM-quoted provider of maritime domain awareness technologies and products said that the order for the 410 units will be shipped in June for immediate use of vessels operating in the Galapagos maritime territory.
The Galapagos Islands, which are located 650 miles from the Ecuador coast, have a highly sensitive and unique environment, which is subject to strict protection. Vessels are only permitted to operate in certain areas at specific times.
"The Identifier was developed specifically for small fishing boat monitoring and so were perfect for this project," said Chief Executive Simon Tucker in a statement.
"Although a small order, the Galapagos is an excellent showcase for the pending Ecuador fishing fleet monitoring project with up to 20,000 vessels, and the wider South American market," said Tucker.
Shares in the company rose 5.1% to 23.90 pence Monday morning.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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Related Shares:
Srt Marine Sys.