Need Help? Talk to an Expert +1 (408) 836-7136

Home

>

ipos-overview

Ipos overview

RanMarine Technology B.V. (RAN)


Company Overview

Proposed Symbol RAN
Company Name RanMarine Technology B.V.
Exchange
Share Price $
Employees 19 (as of 12/31/2024)
Status
Shares Offered
Offer amount $10,637,500
Shares Over Alloted
Company Address GALILEISTRAAT 15 ROTTERDAM 3029AL
Company Phone 31 6 16952175
Company Website www.ranmarine.io
CEO Richard Hardiman
State of Inc
Fiscal Year End 12-31
Total Offering Expense $694,739.00
Shareholder Shares Offered
Shares Outstanding 11,524,686
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0001955514
DealId 1263872-112994

Company Description

RanMarine Technology is a global leader in the development & manufacture of environmentally friendly, fully electric, ASV’s (autonomous surface vessels) also known as “aquatic drones” & accessories, specifically designed to mitigate and remove pollution, debris & biomass from waterscapes while monitoring water quality. At the core of RanMarine’s operations is its vision to be at the forefront of autonomous water drone technology for waterway cleaning and preservation. We prioritize innovation, sustainability, and education as we work towards a future where clean and healthy water bodies support diverse ecosystems and thriving communities. RanMarine utilizes data-driven approaches to monitor water quality and empower our clients to improve their environments proactively. Our ASVs clean the surfaces of waterways, canal systems, lakes, ponds, rivers, marinas and ports. While working, our ASVs also capture real-time quality data to help our customers make informed decisions about the quality of the water where they operate. The target markets that our we focus on addressing are large, global, and growing. These targets markets are: (1) Plastic and other floating waste, (2) Algae/Biomass, and (3) Oil Spills. In aggregate, these target markets have a global economic impact of over $20 billion annually. The majority of this economic impact is driven by direct water clean-up costs versus other economic losses. We focus on what we call “at source” pollution – our belief is that if RanMarine focuses on where the majority of the floating pollution is coming from, then we will reduce the pollution that ends up in the oceans. Much like vacuuming continuously to clean a home of dust before it builds up, RanMarine wants to efficiently and continuously “vacuum” waterways, so there is minimal build-up of waste and pollution using automated technology. Climate change increased agricultural activity and poor waste management have resulted in increased water pollution, algae/biomass proliferation and dangerous water imbalances with few efficient tools to tackle the problem. --- RanMarine Technology B.V. was incorporated in the Netherlands on April 12, 2016, as a private company with limited liability (in Dutch: besloten vennootschap met beperkte aansprakelijkheid). As part of a reorganization in December 2022, we formed RanMarine B.V. and RanMarine USA to which we have transferred the operating business, both as wholly owned operating subsidiaries of RanMarine Technology B.V. RanMarine Technology B.V. is the group holding company. RanMarine B.V. will act as an operating entity to design and manufacture our ASVs and to manage all of our sales and logistics. RanMarine USA will act as sales hub for our sales in North America and enable us to further increase our presence in North America. Our principal executive offices are located at Galileistraat 15, 3029 AL Rotterdam, the Netherlands. Telephone number: +31 6 16952175, Our website address is www.ranmarine.io.