The new framework is designed to help drive investment into a sustainable ocean economy, which the UN says is projected to be worth $5.5 trillion by 2050.
Since 1985, Aquaservice has manufactured products such as self-cleaning filters, UV systems, Aquatrans valves, service barges, underwater pipelines, and more.
The acquisition will not only strengthen Seaqloud's sensor offering for the fish farming and maritime industries but also contribute to its geographical expansion.