Teledyne acquires marine navigation specialist

9th January 2023

Teledyne acquires marine navigation specialist

American digital imaging provider Teledyne Technologies has acquired the digital marine navigation specialist ChartWorld International Limited and its affiliates for an undisclosed sum.

Established in Germany in 1999, ChartWorld, with its HQ in Cyprus, is a leading provider of digital marine navigation hardware and software provided through a subscription-based model. The firm provides digital electronic navigational charts and other software, including digital route appraisal and voyage planning systems.

ChartWorld has about 145 employees spread across locations in Cyprus, Germany, Singapore, Canada and Japan. Commercial maritime subscribers to ChartWorld’s software as a service (SaaS) receive free type-approved Electronic Chart Display and Information Systems (ECDIS), and global 24/7 support. The business also provides digital Electronic Navigational Charts (ENCs) and other geospatial software and services, including onshore software for fleet monitoring and risk assessment.

ChartWorld affiliate, SevenCs, continues to provide ENC production and distribution software, as well as software development kits for displaying electronic nautical charts in accordance with maritime standards to other navigation system OEMs. The company’s SevenCs brand has collaborated with Teledyne in the development of electronic chart standards for 30 years, while Raymarine has more recently began to embed SevenCs software into their displays.

Robert Mehrabian, Teledyne‘s Chairman, President and Chief Executive, said:

Teledyne Technologies, parent to the Raymarine and FLIR Imaging banners, is based in California and provides enabling technologies to sense, transmit and analyse information for industrial growth markets.

The company manufactures industry-leading solutions for harsh underwater environments, including instrumentation, imaging, interconnect solutions, seismic sensing and unmanned vehicles. Its deep water SeaRaptor AUV provides high resolution data for long duration deep sea operations to 6,000m.

Steven Schootbrugge, ChartWorld’s CEO, commented:

About ChartWorld About Teledyne Technologies


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