RanMarine Technology B.V.

General Information
Business:

We are an early-stage cleantech company that designs, manufactures and sells autonomous surface vessels, or ASVs, also known as aquatic drones.  As a technology company, our specific market focus is providing robotic vessels to harvest harmful plastic pollutants, algae/biomass and oils from water while collecting critical water quality data. (Incorporated in The Netherlands)

Our mission is to empower people, companies and governments across the planet with the ability to restore the marine environment to its natural state via autonomous electric vessels. Our data-driven autonomous technology and our patent protected devices create this opportunity by cleaning and monitoring our communal waters with zero emissions.  Our aquatic drones (ASVs) clean the surfaces of waterways, canal systems, lakes, ponds, rivers, marinas and ports. While working, our ASVs capture real-time quality data to help our customers make informed decisions about the quality of the water they operate in.

We focus on what we call “at source” pollution – our belief is that if RanMarine focuses on where the majority of the floating pollution is coming from, then we will reduce the pollution that ends up in the oceans. Much like vacuuming continuously to clean a home of dust before it builds up, RanMarine wants to efficiently and continuously “vacuum” waterways, so there is minimal build-up of waste and pollution using automated technology.

Our aquatic drones are designed to be used manually via an onshore operator or autonomously with online control and access.

We have one aquatic drone product, the WasteShark, which was introduced in 2017. Our product plan includes three more aquatic drones – the MegaShark in the fourth quarter of 2023 as well as the TenderShark and the OilShark in 2024. 

Our docking and transport products include the SharkSlider and SharkCage, as well as the SharkRamp for launch in the fourth quarter of 2023 and the SharkPod in 2024.

Our aquatic drones are available for lease or purchase. We market our  aquatic drones to companies such as hotels and marinas, and government bodies such as cities and port authorities. Our customers include Walt Disney, Universal, Hudson River Park, Babcock Marine Naval Bases UK, the Port of Houston, Rotterdam Municipality, Waterways Ireland Dublin and Isle Utilities Pty Ltd (Asia-Pacific). 

*Note: Revenue and net loss figures are in U.S. dollars (converted from euros) for the fiscal year that ended Dec. 31, 2022.

(Note. RanMarine Technology B.V. filed its F-1 on July 11, 2023, to offer American Depositary Shares (ADS), without disclosing its IPO terms. The company submitted confidential IPO documents to the SEC on Dec. 1, 2022.)

 

Industry: Aquatic Drones (Ship & Boat Building & Repairing)
Employees: 30
Founded: 2016
Contact Information
Address Galileïstraat 15, 3029AL Rotterdam, The Netherlands Telephone: +31 6 16952175The Netherlands
Phone Number +31 6 16952175
Web Address https://www.ranmarine.io/
View Prospectus: RanMarine Technology B.V.
Financial Information
Market Cap
Revenues $0.49 mil (last 12 months)
Net Income $-3.65 mil (last 12 months)
IPO Profile
Symbol TBA
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $17.0 mil
Manager / Joint Managers Aegis Capital Corp.
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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