May 22, 2013 2:45 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Liquid Robotics Inc.

Company Overview

Liquid Robotics Inc. engages in the design, engineering, production, and administration of Wave Glider, an unmanned maritime vehicle for ocean operations. Its products are used in various applications, including government/defense-national defense, port and harbor security, transportation safety, maritime domain awareness, search and rescue, and maritime law enforcement; scientific/environmental-climate science, oceanography, meteorology, tsunami warning, marine protected area monitoring, and marine mammal observation; and commercial/industrial-fisheries management, aquaculture, natural resources discovery, pollution detection, and offshore renewable energy. Liquid Robotics was incorporated ...

Detailed Description

1329 Moffett Park Drive

Sunnyvale, CA 94089

United States

Founded in 2007

Phone:

650-493-6300

Fax:

408-747-1923

www.liquidr.com

Key Executives for Liquid Robotics Inc.

Chief Executive Officer and President
Founder and Chief Technology Officer
Chief Financial Officer and Chief Operating Officer
Age: 54
Chief Products Officer
Chief Software Architect
Compensation as of Fiscal Year 2012.

Liquid Robotics Inc. Key Developments

Liquid Robotics Inc. Announces Introduction of the Wave Glider® SV3

Liquid Robotics announced the introduction of the Wave Glider® SV3, the world's first hybrid wave and solar propelled unmanned ocean robot. The Wave Glider SV3 incorporates the latest advancements in energy harvesting technology providing the ability to utilize both wave and solar energy for forward propulsion. These innovative propulsion and energy systems will help customers explore portions of the world's oceans in conditions that previously were too challenging or costly to operate. Customers will now have the ability to conduct missions, 24x7, through all weather conditions, across most of the planet to help solve some of the world's critical problems such as global climate change, ocean acidification, fisheries management, hurricane prediction, tsunami warning and exploration for valuable natural resources. The end-to-end ocean data solution provided by Liquid Robotics' new integrated platform provides ocean data collection and processing at the point of collection with real-time delivery of critical information to shore. The Wave Glider SV3 can tap into the inexhaustible supply of the planet's wave and solar energy, travel tens of thousands of miles, collect data in the most demanding sea states/conditions (doldrums, high currents, hurricanes/cyclones) and deliver this data in real-time to users around the globe. This capability provides access to new levels of ocean data, more pervasively and more cost effectively than from existing alternatives. The SV3 is a tremendous step forward in terms of what can accomplish in the ocean and gives customers a competitive advantage to capture data in the most challenging ocean conditions. The Wave Glider SV3 leverages the basic design principle of the highly successful Wave Glider SV2 platform, which was introduced in 2009, and has since traveled more than 300,000 nautical miles globally, set a world record for longest distance traveled by an autonomous vehicle (land or sea), and has been deployed on hundreds of customer missions ranging from the Arctic to Australia, and from the Canary Islands to Loch Ness. The SV3 enables unparalleled, pervasive collection of data and processing of data. The Wave Glider SV Series represents the next generation of Wave Glider technology and includes the Wave Glider SV2 with a compatible growth path to the high-end Wave Glider SV3. Customers now can choose the Wave Glider that best fits their mission and budgetary requirements, or mix and match for complex operations.

Liquid Robotics Closes $45 Million Series E Funding to Accelerate Growth in Worldwide Sales and Ocean Data Services

Liquid Robotics announced that it has closed a $45 million Series E funding round led by Riverwood Capital. The funding will be used to expand the company's global sales, partner, and services organizations to meet the increasing demand for its ocean observation & monitoring services. This investment will also fund development and delivery of new cost effective solutions for the worldwide Defense, Science & Research, and Oil & Gas markets.

Liquid Robotics Inc. Appoints Gary Gysin as Executive Vice President of Global Sales and Services

Liquid Robotics Inc. announced Gary Gysin has joined the company as executive vice president of global sales and services. In this position, Gary will build upon the worldwide momentum for Wave Glider(R) data services to scale the business for the next phase of expansion and growth. Gary will report directly to Bill Vass, chief executive officer of Liquid Robotics. His appointment is effective immediately. Most recently, Gary was executive vice president of worldwide sales for Silver Spring Networks. Prior to that he was president and CEO of Asempra Technologies, president and CEO of PGSoft, and held executive sales, product and general management roles at McData Corporation, Volera, Crosswise Corporation, WorldTalk and Touch Communications.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 19, 2013
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