Reygar Ltd, known for developing its marketing leading platform BareFLEET, has been acquired by AST Networks.
The strategic move will enhance AST Networks’ capabilities, as a leading provider of land and maritime communication technology and remote connectivity solutions, in delivering comprehensive solutions to the maritime industry; leveraging the complementary strengths and expertise of Reygar Ltd.
The move will give the talented team at Reygar Ltd 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.
“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, Managing Director at Reygar Ltd. “Together, we will continue to innovate and deliver solutions that empower maritime companies to achieve their operational objectives with confidence.”
“With the acquisition of Reygar, AST Networks is poised to deliver even greater value to our customers.” said Gregory Darling, 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 new AST Reygar is set to combine the best features of IRAMS and BareFLEET offering ‘unrivalled analytics and solutions’ to the maritime sector.