We are delighted to announce a Series B raise into Rovco and Vaarst, co-led by Legal & General Capital (Legal & General) as part of the expansion of its clean energy portfolio, alongside the venture capital arm of the international energy company Equinor. Legal & General will invest £8.5m out of the £15.2m raise. Other…
With over 15 years of recruitment and human resources experience under her belt, accompanied by an unmistakable enthusiasm for finding the best people for the job, Rhea Fraser joined Rovco in January as our Talent Manager. Rhea recently spoke with us about her experience at Rovco so far, as well as what prospective applicants should…
We are delighted to announce that we have signed a Letter of Intent (LoI) with world leading subsea equipment manufacturer Soil Machine Dynamics Ltd (SMD) for next generation EV Work Class ROV (WROV) technology. SMD will provide Rovco with a new Atom EV high performance electric WROV, which will be the first of a fleet…
We are happy to announce the commencement of our year 2 subsea and hydrographic campaign on Beatrice, Scotland’s largest operational offshore wind farm. Remaining incumbent at Beatrice forms part of our continued growth strategy, with Rovco now having worked at over 50% of the operational wind farms in UK waters. Our growth is further supported…
Rovco Sees 286% Revenue Increase, Significant Employee Growth, New Technology Milestones, Key Renewable Contracts and More We are happy to announce a record year for 2020, delivering £7.5 million (US$10.3 million) in revenues – a 286% increase on 2019. 2020 also saw the winning of new contracts and growth of backlog that now…
Rovco is now in contract to perform subsea work on Scotland’s largest operational Offshore Wind Farm, Beatrice. Managed from our recently established base in Edinburgh, we will carry out a campaign of inspection and survey work across nominated subsea jacket locations on the wind farm, including Export and Inter-Array cables to assist in informing…
We are happy to announce that we have been awarded 9 prestigious industry and tech awards this year for our innovations and business growth. 8 of these were received in the past 2 weeks culminating with the “Totally Killing It Award” from TechSPARK and the Innovation and Technology award from Business Leader. With a…