Frost and Sullivan has selected Riptide Autonomous Solutions with its North American Strategy and Innovation Leadership Award in the unmanned underwater vehicle (UUV) market. Frost & Sullivan recognized Riptide as the 2017 North America Product Leader in the UUV market and continues to be impressed by its competitive strategies, latest technology innovations, and overall best practices.
As part of its recent UUV Market Study, Frost & Sullivan recognized Riptide’s continuing growth in the UUV market and expanded market presence. Additionally, Frost & Sullivan acknowledged Riptide’s expansion of its headquarters in Plymouth, MA along with the build out of its new manufacturing center. The report highlights Riptide’s international expansion through new offices and international representatives along with several key partnerships it has in the marine industry.
The report details Riptide’s successes in developing “Deeper, Farther, Faster, Smarter” UUVs. Frost & Sullivan noted that Riptide’s sustained innovation to develop industry-leading technologies that empower the company’s customers to discover more of the ocean's mysteries and complete vital underwater missions has contributed to their success. Michael Blades, Frost & Sullivan’s Research Director of the Aerospace & Defense Practice, stated that “With its innovative spirit, competitive strategies, best practices, and strong overall performance, Frost & Sullivan is proud to present Riptide with the 2019 North America Competitive Strategy Innovation and Leadership Award in the unmanned underwater vehicle industry.”
Jeff Smith, Riptide’s founder and president, said “It is a large honor for us to receive such high recognition from Frost & Sullivan again. Frost & Sullivan are highly regarded for conducting independent market research and we greatly appreciate being recognized for the things we are trying to do to set ourselves apart. The rapid pace of subsea technology development is allowing us to extend the boundaries for what legacy systems have achieved at a much more affordable cost.”
Riptide Autonomous Solutions is a small business focused on Autonomous Undersea Vehicle (AUV) development. Riptide’s first product is the micro-UUV, a highly flexible, open source UUV that provides users a highly affordable development platform ideally suited for new autonomy, power system, subsea sensor, and payload development. Micro-UUVs have demonstrated multiple side scan sonar options, as well as cameras, acoustic communications, and oceanographic sensors. Riptide has also broadened their product line offering larger vehicles with the same proven efficiencies and cost advantages as their Micro-UUV. Recently, Riptide has started to deliver deeper rated UUVs leveraging their superior endurance. To learn more, click here.