Safe at Sea Expands Partnership with Avinor

In a significant development that underscores the growing trust in Safe at Sea's capabilities, Avinor, the operator of Norway's airport infrastructure, has placed a new order for the SeaRanger system for Sørkjosen Airport. Located in Northern Norway, this airport poses unique challenges due to its proximity to water, necessitating advanced rescue solutions.

The SeaRanger system, Safe at Sea’s flagship product, has been engineered to meet the stringent demands of rescue operations in harsh conditions. Developed in collaboration with the South African National Sea Rescue Institute (NSRI), it boasts impressive features such as high load capacity, exceptional maneuverability, and reliable stability, even in rough waters.

Lukas Brehm, Vice President of Safe at Sea, expressed his satisfaction with the continued partnership, stating, "We are very pleased that Avinor has once again chosen SeaRanger as part of its safety solution. This new order reflects the strong long-term partnership between our organizations, and we are proud to continue supporting Avinor in their important safety work." The order, valued at approximately SEK 650,000, is scheduled for delivery in Q2 2025.

This strategic move by Avinor not only highlights the importance of safety in aviation but also reinforces Safe at Sea's position as a leader in maritime rescue solutions. For investors, this development is a positive indicator of Safe at Sea's growth trajectory and its ability to secure significant contracts in the competitive market of safety and rescue operations.

Given the company's strong performance and the expanding demand for its products, investors might consider this an opportune moment to buy. Safe at Sea's strategic partnerships and innovative product offerings position it well for future growth, making it a potentially valuable addition to an investment portfolio.