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Re: adjpublic post# 76636

Wednesday, 08/27/2008 5:54:03 PM

Wednesday, August 27, 2008 5:54:03 PM

Post# of 107353
Also interesting..

Teledyne RD Instruments News & Events
"Flotation Technologies and RD Instruments Form Strategic Alliance"

San Diego, CA, January 6, 2004 -- Flotation Technologies, Inc., a global leader in deepwater buoyancy systems; and RD Instruments, the industry leader in the design, manufacture and supply of acoustic Doppler instrumentation today announced that they have entered into a new strategic alliance. Under the terms of this alliance, both companies will align sales, marketing, and product development resources to better serve the Oceanographic community through turn-key products and services.
http://www.rdinstruments.com/pressrel/pr010604.html

In 2007 Flotation Technologies was a co-sponsor of this Teledyne event, as was Fugro GEOS


http://www.rdinstruments.com/adcps_action/

Teledyne to Provide Autonomous Underwater Vehicles

Teledyne to acquire Webb Research Corp.

THOUSAND OAKS, Calif. � June 19, 2008 � Teledyne Technologies Incorporated (NYSE: TDY) announced today that its subsidiary, Teledyne Instruments, Inc., has entered into an agreement to acquire assets of Webb Research Corp. Webb Research, located in E. Falmouth, Mass., is the world�s leading manufacturer of autonomous underwater gliding vehicles, as well as autonomous profiling drifters and floats. Terms of the transaction were not disclosed. The closing of the transaction, which is subject to various conditions, is anticipated to occur on or about July 7, 2008.

�Under the Teledyne Marine umbrella, Teledyne currently provides a number of market leading marine electronic subsystems, including acoustic modems, acoustic and inertial navigation systems, acoustic Doppler current profilers and subsea electrical and optical interconnect solutions,� said Robert Mehrabian, chairman, president and chief executive officer. �The acquisition of Webb Research will immediately add autonomous underwater vehicle systems to Teledyne Marine�s existing capabilities. Furthermore, proprietary glider systems offer a platform for Teledyne Marine to provide future sensor payloads, for Teledyne Scientific to develop autonomous systems software, and for Teledyne Brown Engineering to provide customers with fully integrated autonomous glider system solutions.�

Webb Research�s gliders are autonomous underwater vehicles (AUVs) that use changes in buoyancy in conjunction with wings and tail steering to convert vertical motion to horizontal, and thereby propel the system on a programmed route with very low power consumption. Applications of gliders range from oceanographic research programs to military persistent surveillance systems and mobile nodes for subsea communication networks. Gliders were first conceived by Douglas Webb, the founder of Webb Research and a former researcher at the Woods Hole Oceanographic Institution (WHOI). Following the acquisition, Douglas Webb will remain with the business and become Senior Director, Technology for Teledyne Webb Research. Webb Research currently manufactures the �Slocum� and �Slocum Thermal� glider systems.
http://www.teledyne.com/news/tdy_06192008.asp

"Flotation Technologies is clearly the world leader in the design and manufacture of deployment products for use with ADCPs. Developed in conjunction with Teledyne RDI, our ADCP Buoys are the industry standard, with well over 1,000 units in use in the global oceans. These Buoys are performance-proven, and have a long track record of successful deployment and recovery. The same is true of our Trawl Resistant Bottom Mounts (TRBMs)----yet another critical offering that is the benchmark against which all others are judged. We have worked closely with Teledyne RD Instruments (and users) for over 15 years to ensure that these products meeting the needs of ADCP user."

"Fugro Global Environmental and Ocean Sciences Limited (Fugro GEOS) is a specialist consultancy with over 25 years experience in the provision of data collection, analysis and interpretation services for ocean engineering and marine environmental assessment applications. Fugro GEOS has pioneered the use of RDI ADCPs™ to provide real-time support to drilling engineers (including installation of 38kHz Ocean Surveyor ADCPs™ and BOP mounted ADCPs™), and we are working on further developments in this area."
http://www.rdinstruments.com/thirdparty.html

Is there a connection here for FT? Time will tell I suppose.



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