NORBIT and Water Linked join forces to broaden underwater technology offering

Trondheim, 22 June 2026: NORBIT has signed an agreement to acquire 100 per cent of the shares in Water Linked AS, a Trondheim-based provider of underwater navigation and imaging technology. Founded in 2013, Water Linked serves customers across global maritime, defence and offshore energy markets.

Water Linked is the company referred to in NORBIT’s stock exchange announcement on 6 May 2026 regarding exclusive negotiations for an add-on acquisition of an undisclosed Oceans-related technology company. The acquisition broadens and complements NORBIT’s Oceans product offering and strengthens NORBIT’s position as a supplier of tailored technology to underwater vehicles.

Water Linked’s product portfolio includes Doppler Velocity Logs (DVLs), 3D imaging sonars, underwater modems and acoustic positioning systems, enabling navigation, perception and autonomy across subsea and surface applications, including ROVs, AUVs and uncrewed surface vessels operating in GPS-denied environments. The products are used in applications such as subsea inspection, offshore energy operations, marine research, defence and underwater infrastructure development.

As previously communicated, Water Linked has reported strong organic growth in recent years and is expected to generate around NOK 100 million in revenues in 2026 with an EBITDA margin in the range of 25–30 per cent, excluding any synergies from combining forces with NORBIT.