VideoRay Announces $7M Annual Navy Mission Specialist Defender Purchase

Delivery Order supports program-of-record fleet increases for Maritime Expeditionary Standoff Response System (MESR) Remotely Operated Vehicles (ROVs) for Explosive Ordnance Disposal (EOD)

VideoRay LLC of Pottstown, Pennsylvania, today announced that it has received a major order for additional Mission Specialist Defender systems for the US Navy MESR program. These ROV systems are being built at VideoRay headquarters in Pottstown, Pennsylvania, and will ship through the end of the calendar year. Each system includes software, sensors, and tooling from Greensea, Blueprint Subsea, Nortek, and Eddyfi Technologies.

This order is VideoRay's third order for the program since its first award in 2019. In addition to shipments to the US Navy, VideoRay sells and supports systems to several allied navies around the world. Similar system sales to commercial customers with demanding infrastructure inspection challenges are increasing along with defense shipments. Overall, VideoRay projects revenue in 2021 to grow more than 50% compared to 2020.

"Our growth with our Mission Specialist sales, including the Defender is exciting and gratifying" said Scott Bentley, Owner and Chief Executive Officer of VideoRay. "Our technology – with its unique capabilities, reliability, and portability are achieving the goals the Navy has set for us in the EOD world. I'm particularly proud of system modularity which allows us to keep the Navy operational, minimizing their downtime. We are in the process of upgrading and adding modules to systems we delivered in 2019, giving our customers capabilities we did not even consider when they were initially delivered."

ABOUT VideoRay

VideoRay delivered its first ROV in 2000 and has since become the world's leading manufacturer of underwater, portable, inspection-class ROVs. VideoRay underwater robots help prevent terrorism, find and retrieve objects, inspect infrastructure both inland and offshore, and keep divers safe from hazardous conditions. Operators prefer VideoRay systems because they are optimized for intuitive operation, performance, size, weight, payload, and deployment speed. To learn more about VideoRay, visit videoray.com or call at +1 610-458-3000.

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Friday, 17 September 2021

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