RESQUNIT AB: Delivery of subsea recovery system
RESQUNIT AS, a subsidiary of RESQUNIT AB (Ticker-symbol RESQ) to deliver customized solution to The Flemish Marine Institute for securing expensive subsea equipment. Globally, millions of expensive installations on the seafloor are deployed, with a rope and buoy as the only surface connection. These connections may be compromised, and expensive ROV operations is required to locate and retrieve. With Resqunit ETR (electronic timer release) system, a backup-buoy will provide a second chance for lost installations.Though Resqunit's primary market for hardware sales is high-volume, low-