The Autonomous Underwater Vehicle Market according to Markets and Markets will reach $1.2 billion by 2023, growing annually by 22 percent due to the rising necessity for sea-based security measures worldwide and increasing offshore oil and gas production. AUV’s are being used around the world for underwater exploration, underwater cable layout and inspection, marine biology and geology sampling, archeology, and various military uses.
“The HydroCamel II AUV integrates state-of-the-art technologies including high-level maneuvering in six degrees of freedom and an ability to dive almost vertically,” says Prof. Hugo Guterman of BGU’s Department of Electrical and Computer Engineering and head of the LAR. “Until now, these capabilities were limited to remotely operated underwater vehicles (ROVs), which must be tethered by umbilical cable to a host ship at all times, while the HydroCamel II is completely autonomous.”
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Goldner said, “BGR will be offering HydroCamel II at a competitive price compared to other underwater vehicles in the same category. This gives us a distinct advantage in the market. We believe HydroCamel II will expand the AUV customer base and enable us to deploy AUVs in new areas.”
The new company and technology will be introduced at the NexTech Conference 2017, which will take place this Thursday, October 19th in Beersheva at the Advanced Technologies Park.