Company profile: Sofar Ocean
1.1 - Company Overview
Company description
- Provider of accessible ocean sensing and exploration tools, operating a vast sensor network for real-time insights. Offers Wayfinder, a voyage optimization platform using ocean weather forecasts to improve fuel efficiency and reduce emissions; Spotter Platform delivering real-time wave, sea surface temperature, and other ocean data; and Sofar Weather with high-accuracy marine forecasts from a global sensor network.
Products and services
- Sofar Weather: A global-scale service offering high-accuracy marine weather forecasts by integrating data from a global network of ocean sensors
- Spotter Platform: An ocean-sensing platform that delivers real-time data on wave conditions, sea surface temperature, and other ocean variables for research and commercial use
- Wayfinder: A forecast-powered voyage optimization platform that uses ocean weather forecasts to improve fuel efficiency and reduce emissions for maritime shipping operations
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Sofar Ocean
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Michell Instruments
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- Rationale: This competitor operates in a highly similar market segment with overlapping features.
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Isorg
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Allegro MicroSystems
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- Description: Provider of ultra-modern regulators and magnetic sensors for motion control and energy efficiency.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
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Rmoni
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- Description: Provider of a digital quality management solution (SaaS) for the registration, real-time monitoring, and reporting of CCP's.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Sofar Ocean
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Sofar Ocean
2.2 - Growth funds investing in similar companies to Sofar Ocean
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4 - Top valuation comps for Sofar Ocean
4.2 - Public trading comparable groups for Sofar Ocean
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