Oceaneering Mobile Robotics is Awarded Significant Contracts to Supply Autonomous Mobile Robot Forklifts

Rhea-AI Summary

Oceaneering International, Inc. (NYSE:OII) has secured contracts from a major international manufacturer for the delivery of 85 MaxMover™ CB D 2000 autonomous counterbalance forklifts across three facilities. Deliveries are scheduled between early 2023 and early 2024, including installation and 24/7 support services. The MaxMover™ can lift 2,000 kilograms (4,400 pounds) autonomously, designed for efficiency and safety in manufacturing and logistics. CEO Roderick A. Larson expressed confidence in the product's market reception since its 2022 launch, highlighting the company's robotics expertise and commitment to expanding strategic relationships.

Positive

• Awarded contracts for 85 MaxMover™ autonomous forklifts, indicating strong demand.
• Contracts include comprehensive support services, enhancing customer relations.
• Product designed for efficiency and safety, improving operational capabilities for clients.
• Recognition of OMR’s logistics solutions indicates a robust position in the market.

Negative

• None.

HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (NYSE:OII) announces that its Oceaneering Mobile Robotics (OMR) business has been awarded contracts by a leading international manufacturer for the delivery of 85 MaxMover™ CB D 2000 autonomous counterbalance forklifts to three of their manufacturing facilities. The forklift systems are scheduled for staggered delivery between early 2023 and early 2024. The scope of the contracts includes installation, on-site systems-integration services and training, as well as 24/7 hotline support and remote software services.

The MaxMover™ vehicle is a robotic forklift capable of lifting 2,000 kilograms (4,400 pounds) and moving autonomously in support of manufacturing and assembly processes and warehouse material movements. This forklift was designed to retain the desired capabilities of conventional forklifts, including differential drives to allow pivot turning and comparable maximum speeds, while leveraging autonomous capabilities to create operating efficiencies. Importantly, the MaxMover™ software platform is designed to easily integrate with new and existing facility environments, while accommodating future upgrades to further enhance operating capabilities. In addition, its high-performance battery design and quiet operating features enhance employee safety and help create healthier work surroundings.

Roderick A. Larson, Oceaneering’s President and Chief Executive Officer, stated, “We have seen tremendous interest in this product since its launch in 2022. These meaningful contract awards for our innovative MaxMover™ product are recognition of OMR’s best-in-class intralogistics solutions and performance and confirm Oceaneering’s ability to leverage its core robotics expertise into new markets. We appreciate the confidence that this customer has shown in our autonomous mobile forklift system and look forward to further expanding this strategic relationship.”

Oceaneering’s OMR business designs, manufactures, implements and maintains innovative turnkey logistic solutions based on autonomous mobile robot technology. Its mobile robot systems consist of one or more robots, advanced supervisory software, and supporting infrastructure. These robots can be operated in mixed fleets. Integration management ensures that these turnkey logistic systems are optimized to suit customer needs and seamlessly interface with other customer processes, while OMR’s high-performance battery solution helps to lower customers’ operational carbon footprint. For over 30 years, OMR has been a trusted partner for the automotive, healthcare, manufacturing and logistics industries.

For more information on Oceaneering Mobile Robotics, please visit Oceaneering.com/OMR.

Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainments industries.

For more information on Oceaneering, please visit www.oceaneering.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230215005696/en/

Mark Peterson

Vice President, Corporate Development and Investor Relations

Oceaneering International, Inc.

713-329-4507

investorrelations@oceaneering.com

Source: Oceaneering International, Inc.

FAQ

What contracts has Oceaneering International, Inc. secured recently?

Oceaneering International has been awarded contracts for 85 MaxMover™ CB D 2000 autonomous forklifts.

When are the deliveries of the MaxMover™ forklifts scheduled?

Deliveries are scheduled between early 2023 and early 2024.

What capabilities do MaxMover™ forklifts have?

MaxMover™ forklifts can lift 2,000 kilograms (4,400 pounds) and operate autonomously.

What additional services are included with the MaxMover™ contracts?

The contracts include installation, on-site integration, training, and 24/7 support.

How does the MaxMover™ improve workplace safety?

Its quiet operation and high-performance battery design enhance employee safety and health.