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Odin IR team
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Smart offshore lifting and load handling

Techano Oceanlift is a leading innovator in the development of advanced motion compensated load handling and lifting equipment.
Their cutting-edge solutions cater to the specific needs of the offshore renewables and aquaculture industries. By harnessing the power of sensors, cameras, and intelligent automation, they offer unparalleled precision, efficiency, and safety.
The team consists of skilled engineers and industry experts who collaborate to develop solutions that optimize productivity, reduce downtime, and enhance operational performance.

Employees
20
Ownership
90%
Head office
Kristiansand, Norway
Manager
Nils Vidar Stray
Est
2023

Business areas

Renewable
Complete packages of offshore cranes, motion compensated gangways & cranes, winches and general load handling equipment.
Aquaculture
The product range includes all kind of load handling equipment (marine & offshore), live fish handling, hose handling, mechanical interfaces etc.
Offshore
Offshore and marine cranes, wide range of winches in addition to all kind of customized and tailormade load handling equipment.

Q2 Financial update

Revenue and EBITDA%
Highlights
EBITDA: A weak result of MNOK -14 in the quarter, mainly due to cost overruns in first delivery projects to be completed in coming months (similar to Q1 results)
Newly signed projects generating increase in revenue, however profit recognition on hold until reaching key milestones in execution
Continues to expect favorable development through the year as market entry projects mature and recent awards advance

Learn more at Techano.no