Portuguese Navy invests in the RescueRunner system
Safe at Sea AB (publ) today, 6th December 2018, received an order of two RescueRunner systems from the Portuguese yard Arsenal do Alfeite S.A. who is currently building two new 15-meter Sea Rescue vessels for the Portuguese Navy. The RescueRunner systems will be installed on the aft deck of these vessels and used for search and rescue.
The order includes two RescueRunners, two launch-and-recovery cradles, training, installation and sea-trial tests. The systems will be delivered in sequences split between Q1-Q3 2018 where the first RescueRunner and cradle will be delivered in January 2018. Safe at Sea AB (publ) will during the spring 2018 provide the RescueRunner training to the navy operators at site in Lisbon, Portugal.
This order is of great importance for Safe at Sea AB (publ) since it means breaking new ground on yet another market and to another governmental authority. Portugal which is also a market well known for its tough seas, long coast and a great marine industry.
“The Portuguese Navy have historically used competitor PWC (personal water crafts) brands in their operations but after trying the RescueRunner system last summer here in the rough Swedish archipelago which has similarities with the Portuguese coastline, they became both impressed and very interested in the robust and flexible system we offer. Which made them choose to have the RescueRunner system onboard the New SAR vessels, which is of course something we are both proud and happy about”, says CEO Kaj Lehtovaara.
The order value is 107 770 EUR.
Safe at Sea AB manufactures and sells a unique rescue boat, the RescueRunner, the most efficient system in the world to bring people in distress out of the water. Safe at Sea AB also is the owner of Safe at Sea Management AB, a company that offers management solutions for the shipping and yachting industries. Safe at Sea AB is listed on AktieTorget.
This information is information that Safe at Sea AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 6th December 2017.