Business

Ashtead Technology enters into a global partnership with Hydromea

Ashtead Technology enters into a global partnership with Hydromea International subsea equipment solutions specialist Ashtead Technology has entered into a global rental partnership with Switzerland-based Hydromea, the innovative subsea wireless access provider. Under the deal, Ashtead Technology will actively promote and use Hydromea’s LUMA™ high-speed through-water wireless optical modems as an integral part of its AMS+ and DMS (Autonomous &…

Swiss Tech Start-Up Secures funding for Innovative Underwater Drone

A Lausanne-based start-up has secured private investor funding to boost the development of their products, including a high-tech submarine drone that will reduce fatalities in dangerous underwater operations. EPFL spin-off Hydromea, which specialises in portable and autonomous robotics and wireless communication underwater, has raised undisclosed amount in convertible loans as part of a CHF1.4 million seed round. Founded in 2014,…

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