Media Release: Ashtead Technology announces million pound investment in iXBlue equipment

LEADING international subsea equipment specialist, Ashtead Technology, which is headquartered in Aberdeen, has placed an order in excess of £1 million with US subsea manufacturer, iXblue.

The investment in iXBlue’s high-precision inertial navigation ROVINS and PHINS systems are the latest in a series of investments by Ashtead, increasing the company’s impressive rental fleet of subsea positioning equipment.

This latest investment follows a spend in the last 12 months of more than £1.6 million with the US company to keep up with current and future demand.

Allan Pirie, chief executive of Ashtead Technology, said: “The investment of more than £2.6 million in iXBlue is in line with our strategy of continual expenditure in the latest instrumentation – we invest heavily in technology so that our customers don’t have to.”

Ashtead Technology is a fully-integrated international equipment solutions specialist, offering rental equipment, calibration, repair and maintenance, offshore personnel and bespoke engineering solutions, from offices in Aberdeen, Singapore and Houston.

Ashtead Technology’s global rental fleet comprises over 8,000 items, encompassing the latest technology, including positioning, geophysical, hydrographic and metocean equipment, ROV sensors and tooling, visual inspection, diving, NDT and environmental, health and safety equipment.

iXBlue’s expertise in fiber optic gyroscopes and underwater acoustic technology enables Ashtead to offer underwater positioning solutions capable of high operational performance even in the most extreme conditions.

ROVINS is a combined survey-grade full featured inertial navigation system for water depths of up to 3,000m. Designed specifically for offshore survey and construction works, it improves the efficiency of all operations where accurate position, heading and attitude are key benefits.

PHINS (photonic inertial navigation system) incorporates iXBlue’s fiber optic gyroscope technology and outputs position, attitude and velocity data to extremely high levels of accuracy. PHINS is IMO (International Maritime Organisation) high speed craft-certified and will accept aiding data from a variety of input sources. It is suited to applications on any surface vessel and a variety of subsea vehicles.

PRESS RELEASE issued by Frasermedia. You too can post your story ideas for journalists (aka Press or media releases), on Email for more information.

Contact: Victoria Banks
Phone: 01224857999