Reach vil revolusjonere subsea-markedet!!
Hvor høyt skal denne nå tro!!!??
For the past 18 months, Reach Subsea ASA (Reach) has been developing new and future-proof, sustainable solutions for subsea services. The project, named Reach Remote, is carried out in cooperation with renowned industrial partners Kongsberg Maritime and Massterly, and is also supported by a grant from Innovation Norway.
The first stage of Reach Remote is to introduce Unmanned Surface Vehicles (USVs) dedicated to survey, inspection, and light repair projects. These USVs will serve as mobile power banks, data centres and communication modules for underwater ROVs (Remotely Operated Vehicles), with both the USVs and ROVs operated from an onshore control centre. Features for both real time operator control and autonomous operations will be incorporated, as well as hybrid modes blending remote and semi-autonomous control. The goal is to be in the market with the first two USVs in 2022, with the ambition of providing a full portfolio of subsea services from a low-emission, cost-effective remote and autonomous fleet by 2025.
The low-emission, cost-effective subsea services which will be offered by Reach Remote are viewed with great interest from both offshore wind farm operators and oil and gas asset owners. Reach Remote will be a great enabler, building on framework agreements already in place to position Reach as a preferred supplier of survey, inspection, and light repair services to the fast-growing offshore wind industry. It will also be key to providing services to other markets, such as aquaculture, subsea mining, and environmental surveillance.
Technology is enabling a radical redesign of how ROV operations are performed: shifting from a capital- and personnel-intensive setup operated from larger, energy-intensive offshore vessels towards a lean remote and autonomous platform, with certified personnel located onshore. Reach Subsea’s operational competence – together with Kongsberg Maritime’s advanced technologies and Massterly’s pioneering efforts in autonomous maritime operations – is vital to unlocking this opportunity.
Currently, Reach provides its subsea services from six vessels. A typical Reach project today will involve some 30-50 personnel onboard a subsea vessel operating under strict HSEQ regimes. With Reach Remote, the same project can be executed with a much smaller, more fuel-efficient vessel and one third of the personnel, who will be located onshore without exposure to offshore operational risks. This is revolutionary in terms of cost efficiency and enhanced safety and will drastically reduce the CO2 footprint of this type of operation.
The key benefits of Reach Remote, compared to equivalent solutions using a full-scale subsea vessel, are:
• More than 90% reduction in CO2 and NOx emissions
• Virtual elimination of the personnel risk associated with offshore operations
• Significant reductions in the cost of subsea survey and inspection services
Financing of the construction part of Reach Remote is being evaluated and may involve new equity, new debt, industrial partnerships, or a combination thereof.
Tom Eystø, CEO of Massterly – a Kongsberg Wilhelmsen joint venture – says: “The Reach Remote concept fits perfectly with Massterly’s offering of safe, cost-effective and environmentally friendly logistics solutions. We are proud to be preferred partners for Reach Subsea for the operation of their USVs. The unmanned vessels will be operated from our Remote Operations Centre, manned with certified maritime personnel. The Remote Operations Centre will also serve other innovative customers like ASKO, who has two autonomous vessels under construction for delivery in 2022. By uniting the competencies from Massterly’s two owners, Kongsberg Maritime and Wilhelmsen, we are in a unique position to deliver future-proof services to Reach Subsea.”
Jostein Alendal, CEO of Reach Subseas, says: “Based on the massive feedback and interest we experience from our clients, we believe the timing is right to introduce Reach Remote to the market. Even though the transition from manned to unmanned needs some time it is realistic to aim for a fleet of at least 10 USVs as early as 2025 in our worldwide operations. There is no doubt in my mind that we have joined with the right partners to drive the development and be in the forefront of this transition. Unmanned and carbon neutral offshore operations is a bold ambition, but with right team and the right partners we believe this ambition is achievable.”
Reach Remote main design features
The Reach Remote project uses a USV in conjunction with a next-generation ROV in an innovative solution which will transform the current market for ROV survey and inspection services. The Reach Remote USV design philosophy is based on a few key drivers which are instrumental in the total solution. The main design features are:
• Dedicated unmanned, self-propelled remotely and autonomously operated ROV mother vessel of approx. 25 m overall length.
• Robust maritime and subsea equipment with high reliability and long maintenance intervals
• Onshore control room facilities for both marine and ROV operations
• Semi-autonomous ROV for survey and inspection tasks
• Hull-mounted survey sensors
• Optimised hydrodynamic properties for excellent data acquisition and subsea positioning performance
• Focused on ROV operability in an extended weather window vs. peers
The USV solution has been optimised for very low energy consumption and a minimal carbon footprint. The current design is based on a redundant hybrid electric configuration and will be capable of 30 days or more endurance for most operations, ensuring efficiency and operational flexibility.
For further information, please contact:
Jostein Alendal, CEO
Birgitte Wendelbo Johansen, CFO
www.reachsubsea.no
For the past 18 months, Reach Subsea ASA (Reach) has been developing new and future-proof, sustainable solutions for subsea services. The project, named Reach Remote, is carried out in cooperation with renowned industrial partners Kongsberg Maritime and Massterly, and is also supported by a grant from Innovation Norway.
The first stage of Reach Remote is to introduce Unmanned Surface Vehicles (USVs) dedicated to survey, inspection, and light repair projects. These USVs will serve as mobile power banks, data centres and communication modules for underwater ROVs (Remotely Operated Vehicles), with both the USVs and ROVs operated from an onshore control centre. Features for both real time operator control and autonomous operations will be incorporated, as well as hybrid modes blending remote and semi-autonomous control. The goal is to be in the market with the first two USVs in 2022, with the ambition of providing a full portfolio of subsea services from a low-emission, cost-effective remote and autonomous fleet by 2025.
The low-emission, cost-effective subsea services which will be offered by Reach Remote are viewed with great interest from both offshore wind farm operators and oil and gas asset owners. Reach Remote will be a great enabler, building on framework agreements already in place to position Reach as a preferred supplier of survey, inspection, and light repair services to the fast-growing offshore wind industry. It will also be key to providing services to other markets, such as aquaculture, subsea mining, and environmental surveillance.
Technology is enabling a radical redesign of how ROV operations are performed: shifting from a capital- and personnel-intensive setup operated from larger, energy-intensive offshore vessels towards a lean remote and autonomous platform, with certified personnel located onshore. Reach Subsea’s operational competence – together with Kongsberg Maritime’s advanced technologies and Massterly’s pioneering efforts in autonomous maritime operations – is vital to unlocking this opportunity.
Currently, Reach provides its subsea services from six vessels. A typical Reach project today will involve some 30-50 personnel onboard a subsea vessel operating under strict HSEQ regimes. With Reach Remote, the same project can be executed with a much smaller, more fuel-efficient vessel and one third of the personnel, who will be located onshore without exposure to offshore operational risks. This is revolutionary in terms of cost efficiency and enhanced safety and will drastically reduce the CO2 footprint of this type of operation.
The key benefits of Reach Remote, compared to equivalent solutions using a full-scale subsea vessel, are:
• More than 90% reduction in CO2 and NOx emissions
• Virtual elimination of the personnel risk associated with offshore operations
• Significant reductions in the cost of subsea survey and inspection services
Financing of the construction part of Reach Remote is being evaluated and may involve new equity, new debt, industrial partnerships, or a combination thereof.
Tom Eystø, CEO of Massterly – a Kongsberg Wilhelmsen joint venture – says: “The Reach Remote concept fits perfectly with Massterly’s offering of safe, cost-effective and environmentally friendly logistics solutions. We are proud to be preferred partners for Reach Subsea for the operation of their USVs. The unmanned vessels will be operated from our Remote Operations Centre, manned with certified maritime personnel. The Remote Operations Centre will also serve other innovative customers like ASKO, who has two autonomous vessels under construction for delivery in 2022. By uniting the competencies from Massterly’s two owners, Kongsberg Maritime and Wilhelmsen, we are in a unique position to deliver future-proof services to Reach Subsea.”
Jostein Alendal, CEO of Reach Subseas, says: “Based on the massive feedback and interest we experience from our clients, we believe the timing is right to introduce Reach Remote to the market. Even though the transition from manned to unmanned needs some time it is realistic to aim for a fleet of at least 10 USVs as early as 2025 in our worldwide operations. There is no doubt in my mind that we have joined with the right partners to drive the development and be in the forefront of this transition. Unmanned and carbon neutral offshore operations is a bold ambition, but with right team and the right partners we believe this ambition is achievable.”
Reach Remote main design features
The Reach Remote project uses a USV in conjunction with a next-generation ROV in an innovative solution which will transform the current market for ROV survey and inspection services. The Reach Remote USV design philosophy is based on a few key drivers which are instrumental in the total solution. The main design features are:
• Dedicated unmanned, self-propelled remotely and autonomously operated ROV mother vessel of approx. 25 m overall length.
• Robust maritime and subsea equipment with high reliability and long maintenance intervals
• Onshore control room facilities for both marine and ROV operations
• Semi-autonomous ROV for survey and inspection tasks
• Hull-mounted survey sensors
• Optimised hydrodynamic properties for excellent data acquisition and subsea positioning performance
• Focused on ROV operability in an extended weather window vs. peers
The USV solution has been optimised for very low energy consumption and a minimal carbon footprint. The current design is based on a redundant hybrid electric configuration and will be capable of 30 days or more endurance for most operations, ensuring efficiency and operational flexibility.
For further information, please contact:
Jostein Alendal, CEO
Birgitte Wendelbo Johansen, CFO
www.reachsubsea.no
Redigert 21.01.2021 kl 09:27
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Odi.1
10.02.2021 kl 11:21
4734
Utrolig at denne kun ligger nærmest død etter kontrakter, gaiding, satsing og resultater både økonomiske og aktive det siste året.
Hva holder igjen her, er det "1" for stor hovedeier som er grunnen nå , eller andre årsaker?
Skuffer hvert fall min investering her nå, men mulig vi er rett rundt hjørnet til noe positiv utvikling av Mcap?
Cash kassen vil vertfall bli meget feit om pengene fra utstyr salget blir bokført i tillegg på Q4 :)
Hva holder igjen her, er det "1" for stor hovedeier som er grunnen nå , eller andre årsaker?
Skuffer hvert fall min investering her nå, men mulig vi er rett rundt hjørnet til noe positiv utvikling av Mcap?
Cash kassen vil vertfall bli meget feit om pengene fra utstyr salget blir bokført i tillegg på Q4 :)
keane
10.02.2021 kl 11:36
4718
Snart op-tall som blir mye bedre enn fjoråret pluss Q4-tall som blir meget gode samt at vi går inn i en periode hvor det er stor sannsynlighet at nye kontrakter vil børsmeldes. Denne gjør nok et kraftig byks snart!
Redigert 10.02.2021 kl 11:38
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Odi.1
10.02.2021 kl 12:20
4680
Positiv kjøpsside, ingen salgs side , kan være svaret her på elendig handel :)
Mvh Sitting BULL
Mvh Sitting BULL
Havsula
10.02.2021 kl 14:02
4625
Salgssiden er der. Problemet er tilsiget med ny aksjonærer er totalt fraværende. Noe en nok kan takke selskapet for mtp kor stille de oppererer...
keane
12.02.2021 kl 09:24
4497
Snart op-tall (som blir gode) og det kan komme melding om kontrakt(er) i samme mld....fisker etter flere aksjer her...
Xtrainvestor , i dag...:
REACH SUBSEA: Arctic oppgraderer aksjen fra hold til kjøp, kursmålet økes kraftig til NOK 3,3 (1).
Snart OP og 4Q, Say no more.......Nice w/e.....BULL
REACH SUBSEA: Arctic oppgraderer aksjen fra hold til kjøp, kursmålet økes kraftig til NOK 3,3 (1).
Snart OP og 4Q, Say no more.......Nice w/e.....BULL
keane
15.02.2021 kl 08:04
3927
Reach KNUSER fjorårstallene så det synger etter...!! 2021 kommer til å bli et gullår for selskapet!
keane
15.02.2021 kl 08:29
3857
Kun en båt som ikke er i drift nå...og dette er "off-season".....Reach blir en KULE...!
Redigert 15.02.2021 kl 08:33
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Odi.1
15.02.2021 kl 08:35
3837
Bull melding denne i dag, er vel solid rekord i Januar noen gang? ( til dere som har vert her lenge )
Får håpe på godt over 30% av Q4 er innen fornybar også nå da, dette vil dra flere interessenter til bordet.
Får håpe på godt over 30% av Q4 er innen fornybar også nå da, dette vil dra flere interessenter til bordet.
God start på uken, gode tall og mer kommer om en ukes tid (4Q).....Meget BULL.....
Havsula
15.02.2021 kl 08:55
3785
Meget bra tall, på høyde med utbytteåret 2018. Noterer meg at det er snart 4 mnd siden forrige kontraktsmelding. De siste 2 årene har det blitt meldt kontrakter sammens med operational figs i februar. Nye kontrakter er nok nært forestående å meldes.
keane
15.02.2021 kl 09:49
3702
Snart q4-tall. Tror det vil være lurt å sitte tungt i Reach framover nå....
Herman*
15.02.2021 kl 10:16
3657
Har handlet for ca en halv million i Reach den siste uka. Forstår ikke den lave prisingen, men det er klart at ledelsen har et ansvar når det gjelder å selge inn selskapets fantastiske muligheter. Personlig håper og tror jeg på et ebt på 60-80 mill i 2021, og med en fin vekst burde jo det forsvare en prising på 7-8 kroner aksjen. Det skjer nok ikke før vi får bekreftet det gjennom guiding, kontrakter og resultatfremleggelser. Tallene i dag var godt over forventning.
Redigert 15.02.2021 kl 10:17
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Full aktivitet iflg. MarineTraffic, imponerende og ikke så rart mange kjøper før 4Q..dette ser unektelig lovende ut;) BULL.
Herman*
16.02.2021 kl 16:15
3252
Hva tror dere om q4? Q4 i fjor var en katastrofe, spørsmålet er hvor mye bedre det blir i år. Overskudd ekstraordinære poster? Topplinje på 160-170 mill og er EBT på 0-5 mill? Det som gjør meg så positiv til Reach er at jeg har en hypotese om at de klarer følgende EBT i år: q1: minus 5, q2: 40, q3: 40, q4: 5, totalt ebt på 80. Har ikke regnet på hvilken vekst de må ha for å klare dette, men kanskje 20-25%? Kan gå gjennom regnskapene for å finregne på det, men vil gjerne ha deres feedback. Skulle de klare en EBT på 80 og en vekst over 20%, vil en P/E på ca 15 være fornuftig. Da får vi en market cap på 1.2 millarder som er ca 200% over dagens nivå. Har hørt fra troverdige kilder at kursmålet til artic er satt lavt fordi omsetningen i aksjen er dårlig. Høres jo litt rart ut, men vi får se om ikke selskapet får litt mer oppmerksomhet.
Redigert 16.02.2021 kl 21:37
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keane
17.02.2021 kl 10:06
3072
Jeg rror q4 vil gi et resultat på 20-25 mill i pluss. Ligger skjult kjøper på 2.86.
badkrukan
17.02.2021 kl 11:17
3009
fra Q3:
"- EBITDA for the first nine months of 2020 was NOK 206.4 million (NOK 140.1 million), while pre-tax result was NOK 28.9 million (NOK -10.9 million).
- Busy contracting activity during and after quarter end, despite market turbulence. 430 project days secured for the remainder of 2020 season, and 470 project days secured for 2021."
"- EBITDA for the first nine months of 2020 was NOK 206.4 million (NOK 140.1 million), while pre-tax result was NOK 28.9 million (NOK -10.9 million).
- Busy contracting activity during and after quarter end, despite market turbulence. 430 project days secured for the remainder of 2020 season, and 470 project days secured for 2021."
Herman*
17.02.2021 kl 11:30
2996
Hvordan regner du da? Har du tatt med ekstraordinære inntekter fra salg av utstyr/tilbakelevering av båt? Se på q4 i fjor, sammenlign aktivitetsnivå og se på kvartaler som har ca samme aktivitetsnivå som q4 2020. Hvis de ikke har kuttet kostnader drastisk eller fått vesentlig mer betalt, bør det ligge an til et lite positivt resultat som er milevis bedre enn katastrofetallene i q419.
Redigert 17.02.2021 kl 11:39
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er ny her,avsluttet i Natto for noen dager siden. Har kjøpt en god del aksjer her, håper på det beste.
Herman*
17.02.2021 kl 12:52
2980
Velkommen etter. Natto ble solgt latterlig billig, vi får håpe det samme ikke skjer med Reach. Kursmålet til Arctic er bare 3.30, men det blir spennende å se om de jekker den opp i nærmeste fremtid. Ellers står kontraktssesongen snart for tur, q4 er til uka, og operasjonstall den 15.3 vil være kursdrivende om de er like oppløftende som de som kom forleden. Ellers kan vi kanskje se at de får inn en ny strategisk eier, men det er bare spekulasjon. Har fått med meg oppgangen fra ca 2.25, og hvis jeg mister troen på at vi bikker 5 kroner i løpet av 6-12 mnd, kommer jeg til å selge meg ned/ut.
Jeg satt i 11år med natto aksjer ,hadde et snitt på 8kr. Skal aldri gifte meg med en aksje mere..Her ser detut som det er gode muligheter framover en tid.
Herman*
17.02.2021 kl 13:46
3233
Enig. Det var min største feil. Satt klistret i Natto i 8 år. Etter at jeg endret strategi har jeg hatt over dobbel så høy avkastning på 9 mnd som i åtte år som Natto aksjonær. Men men, håper ikke vi får en stor korreksjon i fleisen. Vet ikke om Reach blir en vinner, men noen subsea selskaper skal til himmels pga havvind eventyret som så vidt har begynt.
badkrukan
17.02.2021 kl 15:57
3161
Nesten alle trøbbel kommer av misligholdt gjeld. vilket Reach ikke har. Reprising kommer.
Havsula
18.02.2021 kl 08:11
2971
Har vel sett en tydelig posisjonering siste dager ift til Q4 og kontrakter som ikke er meldt enda.
badkrukan
18.02.2021 kl 09:38
2897
Skal de ha autobåtene ferdig til 2022 sesong, kommer det nok noe om det snart og.
keane
18.02.2021 kl 11:09
2776
Her har vi som følger med hatt full kontroll hele tiden.....Året har startet mye bedre enn i fjor. 2021 blir et vannvittig bra år for Reach....
Redigert 18.02.2021 kl 11:29
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