Argeo has promoted Martine Løvaas to Product Champion – AUV Technology

Feb 20, 2023 | News, News

 

We are pleased to announce that Martine Løvaas was recently promoted to Product Champion AUV Technology. – Martine has excelled in Argeo and has gained strong insight in autonomous offshore technology, USV and AUV operations and delivering decision ready data for clients since she joined Argeo in 2020, says Thorbjørn Rekdal, CTO at Argeo. Martine will be responsible for the HUGIN AUV technology with its sensor technology including Argeo Whisper and Argeo Listen electromagnetic source and receiver technology. Martine holds a Master of Science, Geophysics from Michigan Technological University.

“I am excited to continue the journey with Argeo and take on the intriguing challenge as the Product Champion AUV technology. I look forward to the continued development and implementation of the EM technology in our AUV systems to further strengthen our surveying capabilities, and to gain more knowledge and experience with the Hugin AUV fleet, says Martine Løvaas.”

 

Fourth-quarter and unaudited full-year 2024 results

Fourth-quarter and unaudited full-year 2024 results

Revenue for Q4 amounted to USD 5.4 million, marking an increase of 440% year-over-year (YoY). EBITDA amounted to USD -5.7 million, alongside an EBIT of USD -7.9 million. Net profit for the quarter was USD -8.5 million, improving from USD -9.4 million in Q4 2023....