Fincantieri, NextGeo Shake Hands on USVs for Offshore Energy Sector
Fincantieri, through its subsidiary IDS – Ingegneria dei Sistemi, has signed a memorandum of understanding with Next Geosolutions (NextGeo) to jointly develop unmanned surface vessels (USVs) and related technologies for the oil and gas and renewable energy industries.The partnership aims to advance next-generation autonomous surface platforms optimized for open-sea operations, environmental monitoring, inspection, and offshore infrastructure integrity management.The collaboration will focus on evolving IDS’s Surface Advanced Naval Drone (SAND) project and creating a new USV model designed
Fincantieri Launches Underwater Drone
Italian shipbuilder Fincantieri on Thursday unveiled its first underwater drone system, as the group changes its product mix to give more space to the increasingly profitable submarine business.The underwater drone, for both military and civil needs, is designed for the protection and maintenance of critical underwater infrastructure - such as pipelines, electrical cables and telecommunications ones. It can also be used for monitoring and safeguarding the marine environment."The threat to underwater infrastructure has historically been underestimated. However, it represents a very real threat of
Fincantieri, Defcomm to Jointly Advance Naval Units and Surface Drones
Italian shipbuilder Fincantieri has signed a strategic agreement to accelerate the development of autonomous surface units developed by Italian start-up Defcomm, which specializes in unmanned solutions for the maritime sector.The agreement focuses on a co-investment partnership to accelerate the development and industrialization of surface drones designed by Defcomm, which have already passed long run and endurance tests.These drones are designed for surveillance, intelligence, and patrol missions and able to operate in fully autonomous mode, remote control, and manual control.The partnership will
Fincantieri’s Ramazel to Supply Rock Laying System for Jan de Nul’s Vessel
Remazel, a company of the Fincantieri Group, has signed a contract with Jan De Nul for the supply of mission-critical equipment for a newbuild vessel.The contract covers the design and supply of an advanced system for transporting and laying rocks on the seabed to protect cables and pipelines.The solution developed by Remazel will enable operations at depths of up to 400 meters with a production capacity of 2,000 tonnes per hour, ensuring precision, efficiency and operational continuity even in challenging marine conditions.A centralized control system will coordinate all onboard equipment, optimize
Saab to Spearhead NATO's New Underwater Defense Project
U.S., Australia, Spain, Germany, Italy, Portugal, Canada, the Netherlands, Denmark, and Norway. Together they have committed to adopting the standard developed through this project.Saab’s business area Kockums is leading the multinational consortium, MANGROVE, comprising CETENA and IDS part of Fincantieri Group, FlySight, GraalTech, Miraya, Saab UK and BlueBear, S2IX and the University of Plymouth.“Saab is delighted to lead this pivotal project for NATO. All of the MANGROVE consortium's expertise and collaborative focus for the next 12 months will be on the successful development of a
Fincantieri, PGZ Join Forces for Modernization of Polish Navy
Italian shipbuilder Fincantieri and Polska Grupa Zbrojeniowa (PGZ), Polish state-owned defense group, have signed a memorandum of understanding (MoU) to co-operate on the modernization of Polish Navy and explore opportunities in wider naval defense market.The MoU establishes a framework for strategic collaboration aimed at supporting the modernization of the Polish Navy, with a particular focus on the ORKA submarine acquisition program.Under the agreement, Fincantieri and PGZ will explore joint opportunities in the design, construction, and through-life support of advanced naval platforms, including
Fincantieri Embarks on Research Project to Protect Subsea Cables and Pipelines
The Fincantieri Foundation and Luiss Guido Carli University have launched a research initiative aimed at defining regulatory frameworks and developing operational solutions to protect subsea cables and pipelines.The project, dubbed SUBCAP - SUBsea CAbles Protection, will promote multilevel, multidisciplinary legal research to establish a regulatory framework for the protection of critical subsea infrastructure.It will be carried out by the Luiss research center “Law and Governance: Compliance, Security and Sustainability,” chaired by Professor Paola Severino.The project aligns with Fincantie
Fincantieri Presents Underwater Segment, Revenue Expected to Reach 920 Million in 2027
During the DEEPDIVE - Analyst and Investor Underwater Day held in Milan, Fincantieri presented its long-term strategic vision for the development of its underwater segment to the financial community.Accounting for about 4% of Group revenue in 2024, the segment is set to double in 2027, reaching 8%, with expected revenue of approximately USD$920 million (820 million euros) and estimated EBITDA of USD$170 million (152 million euros), with an EBITDA margin approaching 19%. Forecast results for 2025 and 2026 confirm the strength of this trend, with respective revenue projected at around USD$741 million
Fincantieri Invests in Deep Tech Scale-Up for Naval and Submarine Sector
Fincantieri has formalized its investment in WSense, a deep tech scale-up specialized in underwater monitoring and communication.The transaction involves the subscription of a convertible loan for an initial amount of $2.84 million, with the option to increase the investment by a further $2.84 million.The timescales for the conversion into equity will be contingent upon the occurrence of specific conditions typical of similar transactions.The completion of the investment in WSense is subject to the fulfillment of certain conditions agreed upon by the parties, in addition to obtaining the authorizations
August 2025
