FullDepth, an underwater drone company, forms a capital and business alliance with E-JEC

Acquisitions

▤ Summary

EJEC and FullDepth have signed a basic agreement to jointly develop and produce small domestic AUVs for infrastructure maintenance. EJEC will invest in FullDepth as part of the capital alliance. The companies plan to combine EJEC’s infrastructure inspection know-how with FullDepth’s underwater drone technology to build a domestic production and maintenance system. They also aim to apply the new AUVs to inspections, maintenance planning, and repair design for ports, rivers, dams, and related marine infrastructure.

◇ AskAI Classifications

Sectors
Manufacturing Industry Transportation and Mobility Asset Management and Predictive Maintenance
Functions
Developer and IT Infrastructure Process Automation

▦ Linked Companies

FullDepth
$1M to $5M