AST Networks acquires Reygar to boost maritime communication solutions
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AST Networks has expanded its ecosystem further through the acquisition of Reygar. This move enhances AST Networks’ capabilities in delivering comprehensive solutions to the maritime industry, using the complementary strengths and expertise of Reygar to create a formidable force in the market. The synergies between the two entities promise to unlock new opportunities, enhance operational efficiency and deliver unmatched value to customers worldwide.
Reygar, known for developing its platform, BareFLEET, will bring expertise and a track record of delivering results. By becoming part of AST Networks’ ecosystem, the team at Reygar have access to expanded resources and a broader platform to accelerate their impact on the industry. Customers can expect an expanded range of offerings tailored to meet the evolving needs of modern fleets.
“With the acquisition of Reygar, AST Networks is poised to deliver even greater value to our customers.” said Gregory Darling, a founder and chairman of AST Networks. “Reygar’s expertise in vessel performance monitoring perfectly complements our existing suite of IoT (IRAMS) and network solutions, allowing us to offer end-to-end capabilities for optimising fleet operations, enhancing safety and maximising efficiency.”
The combined strengths of AST Networks and Reygar will enable customers to use data-driven insights to make informed decisions, streamline operations and drive business growth. Through this acquisition, AST Networks reaffirms their commitment to providing best-in-class maritime communication and technology solutions that empower organisations to thrive in today’s competitive landscape.
“We are excited to join forces with AST Networks and bring our expertise in vessel performance monitoring to a wider audience,” said Chris Huxley-Reynard, the managing director at Reygar. “Together, we will continue to innovate and deliver solutions that empower maritime companies to achieve their operational objectives with confidence.”
This acquisition underscores AST Networks dedication to driving innovation in the maritime industry. Through combining forces, AST Reygar has been formed and will continue to deliver value to customers worldwide. AST Reygar will combine the best features of IRAMS and BareFLEET offering analytics and solutions to the maritime sector.
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