Forum Energy Technologies to supply submarine rescue system for Indonesia Navy
Source: SeekingAlpha
2025-06-12 16:41:13 ET
- Forum Energy Technologies ( NYSE: FET ) said Thursday it executed a contract to supply a state-of-the-art submarine rescue vehicle system for use by Indonesia's Navy; financial details were not disclosed.
- The new LR600 model SRV, a piloted rescue submersible, will be capable of operating at depths of up to 600 meters, carrying 20 people, and will be fully integrated with a hyperbaric rescue facility while also utilizing the latest technologies to locate a distressed submarine and quickly transfer personnel, the company said, adding that sea trials are planned for 2028.
- The SRV will be built at Forum Energy's ( FET ) facility in Kirkbymoorside, Yorkshire, England, and the bespoke LARS will be manufactured at the company's Bryan, Texas, facility.
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Forum Energy Technologies to supply submarine rescue system for Indonesia Navy
Forum Energy Technologies Inc.
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