Mojo, IKM Get Funds for Hi Flo ROV
Mojo Maritime and IKM Subsea, Norwegian ROV manufacturer and operator, have jointly secured an EU Horizon 2020 Grant to support the development of an ROV for use in high energy tidal sites, and capable of being operated from Mojo’s tidal energy vessel, the Hi Flo 4 (HF4).
Mojo and IKM joined forces in mid-2014 to bid for EU funding, from the Maritime Technologies (MARTEC II) call, and won a €1,200,000 for their R&D project.
The two companies target is to develop a basic design for an HF ROV that is capable of then being manufactured according to a schedule that will align with the envisaged build schedule for the HF4 ship.
It is anticipated that the HF ROV will operate from both HF4 and OCV’s in a range of offshore operations and conditions.
The companies were awarded the funding at the end of 2014, granted as part of the EU’s Marine Technology II Horizon 2020 programme, and administered by InnovateUK in the United Kingdom.
The work on the HF ROV project began on January 5, 2015 and will continue through to the end of 2015.
