Held during Subsea Expo, Europe’s largest subsea-focused exhibition and conference, the ceremony brought together more than 600 industry professionals to recognise the finest talent, leadership and contributions across the sector.
Bristol-based Rovco was presented with the New Enterprise accolade in recognition of its outstanding performance in the subsea sector and its plans for future growth, both within the UK and internationally.
The company beat off stiff competition from respected industry peers to pick up the title, which commends successful start-ups that have made significant progress in less than three years of operation.
Entrants were judged on overall vision, commercial performance to date and market differentiation.
Former ROV superintendent, Brian Allen set up Rovco in 2016 to bring a unique offering to the market, utilising the latest AUV and ROV systems to deliver a cost effective solution for gathering critical data in even the most challenging seas. The company has maintained its strong position since formation and has been profitable since six months into starting up.
Mr Allen, CEO of Rovco, commented: “We are very proud of the business we have developed, and to have our commitment to both the region and the energy sector recognised at these highly regarded awards is a great endorsement of the hard work delivered by our employees.
“The past two years have been extremely challenging to get the company to where it is today, however we are well positioned to build upon our strong market position, track record and delivery.”
Since it was established in 2016, Rovco has continued to push the boundaries in a bid to revolutionise the way underwater surveys are performed. Using cutting edge 3D visualisation techniques, the company provides operators and owners with greater information about their assets and the integrity of their equipment, while heavily reinvesting back into the development of real time artificial intelligence (AI) and 3D systems for autonomous subsea robotics.