Safe at Sea: Laholm FD Orders Advanced SeaRanger

In a significant move to bolster their life-saving operations, Laholm Fire Department (FD Laholm) has placed an order for the SeaRanger system developed by Safe at Sea. This order marks a strategic upgrade from their existing RescueRunner system, which has been in use for over a decade. The SeaRanger, known for its exceptional cargo capacity, maneuverability, and stability, is expected to significantly enhance the department's capabilities across the lakes and waterways they manage.

The decision to invest in the SeaRanger comes after years of successful operation with the RescueRunner. Developed in collaboration with the South African National Sea Rescue Institute (NSRI), the SeaRanger is the largest rescue boat in Safe at Sea's portfolio. With delivery scheduled for Q2 2025, the SeaRanger is poised to provide FD Laholm with advanced rescue capabilities, ensuring they can respond more effectively to emergencies.

Lukas Brehm, Vice President at Safe at Sea, expressed his satisfaction with the continued trust placed in their systems by Laholm FD. He emphasized the value the SeaRanger will bring to their operations, highlighting the system's ability to enhance life-saving efforts significantly.

From an investment perspective, this order, valued at approximately SEK 600,000, underscores Safe at Sea's position as a leader in maritime rescue solutions. The company's collaboration with international partners like NSRI not only enhances their product offerings but also solidifies their reputation in the global market.

For investors, Safe at Sea's continued innovation and successful client relationships suggest a stable outlook. The company's focus on developing advanced rescue systems aligns with growing global demand for improved safety measures in waterway management. While the current order may not significantly impact short-term financials, it reflects a strategic direction that could yield long-term benefits.

Given the company's strong market position and ongoing product development, the recommendation is to hold Safe at Sea's stock. Investors should monitor future developments and orders that could further enhance the company's growth trajectory.