Telenor Maritime of Norway has announced that it has reached an agreement to acquire 100% of the shares in Finnish maritime tech company KNL Networks, developer of a communications mesh network system for shipping and related markets.
KNL’s system is based on encrypted high-frequency radio communication signals, with each shipboard installation acting as a terminal or base station to form a single mesh network that can carry the signal over grater distances than would be possible point-to-point.
This technology will be added to Telenor Maritime’s existing portfolio of services following completion of the deal, adding to its already available VSAT and shipboard GSM options.
“Telenor Maritime’s vision of a greener future in the maritime industry has taken a big leap forward with the acquisition of KNL Networks,” said Telenor Maritime CEO, Lars Erik Lunøe.
“This affordable technology provides the industry with a unique opportunity to utilise digitised solutions, enabling them to make data-driven decisions, improve efficiency, gain competitive advantage, and work towards a greener, more sustainable future.”