Robotics firm Rovtech is to acquire the VALOR Remotely Operated Vehicle (ROV) business from Seatronics in a seven-figure deal.

The acquisition will enhance Rovtech’s position as a global technology leader in manufacturing robotics, tooling and harsh environment equipment for nuclear and subsea operations. 

The company develops precision robotics and stand-alone monitoring systems designed to withstand radiation, extreme heat, and deep ocean pressures.

The addition of the VALOR ROV boosts Rovtech’s portfolio with technology tailored for subsea operations. 

John Polson, CEO of Rovtech, said: “With this acquisition, we’re not just expanding our capabilities, we’re looking to set the standard for efficiency and innovation across the nuclear and subsea energy sectors.

“Complementing our current nuclear ROV offering, we are now well-positioned as the provider of some of the world’s most advanced and reliable ROVs on the market. I am also excited to witness the incredible potential for collaboration between the two teams going forward, and what this will unlock.”

Rovtech was recently acquired by climate tech venture studio Ventex, which is focused on repurposing companies, technologies, skills and experience in the existing supply chain to support renewable energy markets.

The deal doubles Rovtech’s workforce, which operates across two key sites in Aberdeen and Barrow-in-Furness, to 20.

Ventex managing partner Stuart McLeod added: “This acquisition underscores Ventex Studio’s unwavering belief in, and commitment to, its portfolio companies and leadership teams.

“We want to elevate their ability to productise and scale technologies, ultimately positioning them as industry leaders.”