DLA Piper advises Danelec in its acquisition of Nautilus Labs

news
24 Nov 2023
Insights

DLA Piper has acted for Danelec on its acquisition of the AI-based analytics platform developed by Nautilus Labs. Danelec acquires Nautilus Labs AI technology platform to gain deeper insights within sustainability and safety.

Nautilus is a maritime technology pioneer that reduces emissions while maximizing commercial returns to decarbonize the ocean supply chain. Powered by millions of data points, Nautilus leverages machine learning and naval architectural models to generate ship-specific recommendations. The solution empowers ocean shipping leaders to transform how voyages are run, unlocking decarbonization, profitability, and just-in-time arrival.

Danelec is a leading specialist in digital solutions for the maritime industry dedicated to simplifying data capture for ship owners, enabling them to future-proof their fleet and compete effectively in a data-driven, net-zero economy. Danelec is backed by Verdane, one of Europe's most active growth equity investors.

Read more about the transaction in this press release.