NORBT Norbit ASA

NORBIT is strengthening its position within maritime environmental monitoring

NORBIT is strengthening its position within maritime environmental monitoring

Trondheim, 27 October 2020: NORBIT, a global provider of tailored technology to carefully selected niches, today announces the acquisition of the SeaDarQ Radar System from Nortek Group. The SeaDarQ software for environmental monitoring, hydrography and small object detection will strengthen NORBIT´s position as a leading global provider of solutions for integrated environmental solutions.

The SeaDarQ software, including radar raw data processing algorithms, will be fully integrated with NORBIT’s existing SeaCOP system. The SeaCOP system combines remote sensing technologies like radar, infrared cameras and sonars, with state-of-the-art data fusion and artificial intelligence.

“More than 10 years of research has gone into the development of the algorithms for radar-based detection of pollution on water in the SeaDarQ software. When this is combined with the camera-based detection algorithms from NORBIT, a unique and ground-breaking technology for environmental monitoring is created,” says Per Jørgen Weisethaunet, CEO of NORBIT.

The combined solution will be an important contributor to minimize damages from potential oil spills wherever it is implemented. This is fully in line with NORBIT Oceans’ philosophy to provide environmentally friendly and sustainable technologies, and to broadening the product offering to the maritime markets.

For more information, please contact:

Per Jørgen Weisethaunet, CEO, +47 959 62 915

Per Kristian Reppe, CFO, +47 900 33 203

About NORBIT ASA

NORBIT is a global provider of tailored technology to carefully selected niches. The company’s business is structured to address its key markets; Oceans is offering tailored technology solutions to global maritime markets, Intelligent Traffic Systems (ITS) is offering connectivity solutions for traffic systems and truck applications, and Product Innovation and Realization (PIR) is offering R&D services and contract manufacturing to key customers.

NORBIT is headquartered in Trondheim, Norway, with manufacturing facilities in Selbu and Røros, Norway and 14 offices and subsidiaries around the world.

For more information:

EN
27/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Norbit ASA

 PRESS RELEASE

NORBIT - Transaction by Primary Insider

NORBIT - Transaction by Primary Insider Trondheim, 12 February 2026 Christina Hallin, director and primary insider of NORBIT ASA has on 11 February 2026 purchased 1 000 shares in NORBIT at an average price of NOK 185.00 per share. Following the transaction, Hallin owns 1 000 shares in NORBIT. Please see the attached notification for persons discharging managerial responsibilities in NORBIT in accordance with Regulation EU 596/2014 (MAR) article 19. For more information, please contact:Per Jørgen Weisethaunet, CEO, Per Kristian Reppe, CFO, About NORBIT ASANORBIT is a global provider ...

 PRESS RELEASE

NORBIT – Key information relating to the proposed cash dividend to be ...

NORBIT – Key information relating to the proposed cash dividend to be paid by NORBIT ASA Trondheim, 11 February 2026 In line with the dividend policy, the board of directors has resolved to propose to the annual general meeting of NORBIT ASA that a dividend of NOK 5.00 per share should be paid for the fiscal year 2025.  The following key dates for the dividend are proposed by the board of directors: Dividend amount: NOK 5.00 per share Announced currency: NOK Last day including right: 20 May 2026Ex-date: 21 May 2026 Record date: 22 May 2026 Payment date: On or about 3 June 2026Date of ap...

 PRESS RELEASE

NORBIT - Fourth quarter and preliminary annual results 2025

NORBIT - Fourth quarter and preliminary annual results 2025 Trondheim, 11 February 2026 NORBIT delivered record-high revenues of NOK 2.5 billion million for the financial year 2025, with an operating profit (EBIT) for the full-year period at NOK 555.4 million, representing a margin of 22 per cent. The fourth quarter also set a record, with revenues reaching NOK 791.1 million - an increase of 42 per cent compared to the same period in 2024. The EBIT result for the quarter was NOK 178.4 million, representing a margin of 23 per cent. The Oceans segment reported revenues of NOK 213.4 million...

 PRESS RELEASE

NORBIT – Resultater for fjerde kvartal og foreløpig årsresultat for 20...

NORBIT – Resultater for fjerde kvartal og foreløpig årsresultat for 2025 Trondheim, 11. februar 2026NORBIT leverte rekordhøye inntekter på NOK 2,5 milliarder i 2025. Driftsresultatet (EBIT) for året endte på NOK 555,4 millioner, tilsvarende en margin på 22 prosent.Fjerde kvartal ble nok et rekordkvartal, med inntekter på NOK 791,1 millioner, en økning på 42 prosent sammenlignet med samme periode i 2024. EBIT for kvartalet ble NOK 178,4 millioner, tilsvarende en margin på 23 prosent. Oceans-segmentet rapporterte inntekter på NOK 213,4 millioner, en nedgang på 21 prosent fra fjerde kvartal 2...

 PRESS RELEASE

NORBIT - Invitation to presentation of NORBIT's fourth quarter results...

NORBIT - Invitation to presentation of NORBIT's fourth quarter results, 11 February 2026 Trondheim, Norway, 4 February 2026: NORBIT, a global provider of tailored technology to carefully selected applications, will announce its results for the fourth quarter of 2025 on Wednesday 11 February 2026. The interim report for the fourth quarter and the presentation material will be available from 07:00 am CET at the company's homepage, and Euronext Oslo Børs’ news site, (). CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results at 09:00 am CET. Please use the followin...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch