Aug 29, 2024
Asker, 29 August 2024: Argeo reports good growth performance for Q2 2024, driven by significant contract wins and strategic advancements in our technology portfolio. Revenue improved to USD 15.7 million, marking an increase of 1037% year-over-year (YoY). EBITDA rose...
Aug 23, 2024
As our CTO, Thorbjørn Rekdal, perfectly captures, “Argeo has successfully secured six patents in the field of subsea electromagnetic and acoustic sensor technologies, demonstrating our commitment to innovation. This week, we had the pleasure of celebrating the...
Jul 3, 2024
Below are highlights from our half-year operational update from Argeo. You can download the full update presentation here: Download Full Operational Update (PDF) Argeo Searcher Vessel Inspection: Completed intermediate planned vessel inspection in Durban Docking &...
Jun 19, 2024
Argeo Robotics AS, a wholly owned subsidiary of Argeo AS, has been granted a new patent from the Norwegian Industrial Patent office (Patentstyret) using acoustic sensors for tracking buried pipelines/objects below the seafloor. The patent protects an innovative use of...
Jun 17, 2024
Argeo is pleased to announce that it has been awarded a contract to carry out the initial site investigation survey for RWE’s Canopy offshore wind project in Northern California. Project Details The contract involves a 40-day initial site investigation survey, with an...
May 23, 2024
Argeo achieved record growth in revenue, with an increase of 288% YoY to USD 9.5 million and an EBITDA of 2.9 million, an increase of +415% YoY. Net profit was USD 2.0 million, an increase of 238% YoY. The remaining backlog for 2024 now totals USD 54 million, whereas...
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