Oceaneering’s Advanced Technologies Group (Adtech) acquires Frog AGV Systems
Acquisition to better serve customers in defense, entertainment and aerospace markets.
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Oceaneering International’s Advanced Technologies Group (Adtech) has announced the acquisition of Frog AGV Systems.
Frog AGV Systems is based in Utrecht, The Netherlands, with offices in Germany and the US. With more than 1,200 AGV’s (automated guided vehicles) deployed in the past 30 years, Frog’s products use its patented navigation technology, in conjunction with sophisticated software and sensors, to provide accurate guidance to its AGVs. The AGVs then autonomously navigate through complex pathways to complete various missions. Frog’s AGV systems can be found in a multitude of industrial applications, typically in use as very flexible transportation systems for the automotive industry, plastics and electronics, pharmaceutical, healthcare, food and beverage, warehousing logistics, foundries and specialized aerospace applications.
Oceaneering International is a publicly traded US company that is a global oilfield provider of engineered services and products for the offshore oil and gas industry. The Adtech group already serves the defense, entertainment and aerospace industry with highly automated systems that will be enhanced by Frog’s continuing operation and expansion.
Frog’s recent successes include its partnering with Adtech’s theme park division, Oceaneering Entertainment Systems (OES), in development of the world’s first Tru-Trackless TMpassenger ride vehicles for the theme park industry. More recently Oceaneering and Frog were awarded a major AGV contract by the CHUM Hospital in Montreal to provide a large fleet of logistics support AGVs.
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