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Mobilarm seeks $5m
8-May-08
Written by Janelle Macri
A $5 million initial public offering is on the cards in the coming months for Applecross-based company Mobilarm, which launched its new commercial marine safety product this week at the Offshore Technology Conference in Houston, US.
Previously targeting its man overboard alert systems at the recreational market, the company has ventured into the commercial environment with its Mobilarm V100 VPIRB, which has applications in the oil and gas and commercial fishing sectors.
The V100 is the first GPS-enabled, fully automated marine survivor locating system designed specifically for the commercial environment to ensure a quick rescue in overboard emergencies.
Article continues...
8-May-08
Written by Janelle Macri
A $5 million initial public offering is on the cards in the coming months for Applecross-based company Mobilarm, which launched its new commercial marine safety product this week at the Offshore Technology Conference in Houston, US.
Previously targeting its man overboard alert systems at the recreational market, the company has ventured into the commercial environment with its Mobilarm V100 VPIRB, which has applications in the oil and gas and commercial fishing sectors.
The V100 is the first GPS-enabled, fully automated marine survivor locating system designed specifically for the commercial environment to ensure a quick rescue in overboard emergencies.
Article continues...
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