Greensea IQ Achieves Unprecedented Growth in Subsea Robotics

Greensea IQ, a frontrunner in subsea robotics and autonomous technology, has reported an remarkable 57% increase in revenue for 2024 compared to the previous year, marking a record-breaking achievement.

Driving Forces Behind the growth

This remarkable growth can be attributed to the rising adoption of Greensea IQ’s advanced robot autonomy platform, especially in defense and commercial sectors. The company’s innovative Bayonet Autonomous Underwater ground Vehicles (AUGVs) and the IQNS intelligent navigation systems have gained meaningful traction, further solidified by securing pivotal contracts with the U.S. Navy, U.S. Marine Corps, and various international military forces.

Key Contracts and Milestones

Among the notable accomplishments in 2024, Greensea IQ secured significant contracts with the U.S. Navy and NAVSEA,including multi-million dollar agreements with EOD Edge to enhance existing robotic fleet capabilities through autonomy,target recognition,and perception enhancements. these contracts reflect the ongoing confidence that leading defense organizations have in Greensea IQ’s cutting-edge technology.

moreover, the company has seen continued success with the Bayonet AUGV platform, which utilizes the same autonomy technology employed globally in Expeditionary and Special Operations. A significant contract from the U.S. Marine Corps was awarded to deliver multiple Bayonet systems,complete with spare parts,training,and integration support.

Essential Tools for Defense and Science

Greensea IQ’s offerings have become indispensable for both defense and scientific communities, effectively tackling intricate challenges in mine countermeasures, explosive ordnance disposal (EOD), and subsea navigation. the Bayonet AUGVs, equipped with sophisticated autonomous features, alongside the IQNS intelligent navigation system, are setting new standards in the industry.

Looking Forward: 2025 and Beyond

As Greensea IQ looks ahead to 2025, the company is well-positioned for another year of significant achievements, fueled by a strong commitment to innovation and an expanding portfolio of mission-critical technologies.

Ben Kinnaman, CEO of greensea IQ, stated, “The defense sector is increasingly acknowledging the transformative potential of our advanced autonomy technologies. Our Bayonet AUGVs and edge software systems are facilitating safer and more efficient operations in demanding environments for defense personnel.”

“We are also harnessing this technology to support complex commercial operations at scale. Our product sales are experiencing substantial growth,alongside our Robot-as-a-Service initiatives,including EverClean.”

“We are on the verge of even greater adoption and expansion. With 2025 already showing promising signs, we anticipate another year of robust growth as the leading provider in subsea robotics and autonomy for these applications.”