Kildare-based underwater technology company Cathx Ocean expects to create 50 jobs over the next two years, which will more than double its current workforce.
The announcement, made during the Enterprise Ireland trade mission to Texas, came as US-based subsea engineering manufacturer Bluefin Robotics revealed it has chosen to equip its high-speed autonomous underwater vehicles (AUVs) with subsea camera and laser based imaging technology by Cathx Ocean.
The Cathx M12 imaging system aboard the AUV extracts information in real-time from the underwater images it collects and uses it to provide critical decision-making data to the AUV, thus saving Bluefin customers time and money.
This is the latest in a number of recent deals secured by Cathx in Europe and the US in recent months. The trade mission coincides with the Oil & Gas Offshore Technologies Conference in Houston, which a number of Irish companies are attending including Cathx Ocean.
Currently employs 30 people in Ireland, Cathx Ocean has offices in Kildare, Ireland and Boston in the US.
Its customers include subsea survey companies, oil companies, oceanographic research institutes, navies and commercial diving operations worldwide.