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Soil Machine Dynamics Limited (UK SMD), a wholly owned subsidiary of Times Electric, signed a sales contract to supply ROV systems to a customer from 2023 to 2025. The contract value is GBP 18.0945 million (approximately CNY 160 million).
Scantrol has won an order to supply an active heave compensation (AHC) control system to Soil Machine Dynamics (SMD). The system will be integrated into an SMD-designed 6,000-meter umbilical winch system deployed on a new vessel owned by Shanghai Salvage.
Soil Machine Dynamics (SMD) signed a contract with S.B. Submarine Systems (SBSS) to design, manufacture and deliver an MD3XT submarine telecom cable plough system, including an optical umbilical and winch. The plough will be delivered in Q4 2017.