Pole Star Space Applications Limited, Absolute Software Inc. and Absolute Maritime Tracking Services Inc. have announced that the merger of the three organisations has been completed.
The enlarged global business will provide a combination of monitoring and security related services to more than 35,000 vessels - half the world's international fleet.
Combining Pole Star's expertise in systems for commercial fleets, flags and maritime administrations with Absolute's proven credentials in fisheries management, together with its services to flags and maritime administrations, the enlarged organisation is said to be able to offer cutting-edge technology to the maritime industry as a whole.
The merged company will now operate Long-Range Identification & Tracking (LRIT) data centres for 40 maritime administrations including Panama, Singapore, the Marshall Islands, Liberia, Australia, and Canada as well as providing LRIT Conformance Testing and Certification for more than 90 Flags. In addition, the combined company's increased technology resources will enable the group to deliver superior, cutting edge products more quickly to its customers.
"As a long time customer of Pole Star, we are excited by this merger and look forward to the added benefits that this will bring to us," said Captain Jude Dias, Company Security and Safety Manager of Wallem GmbH & Co, Germany. "With the combined technology expertise and reach of these two organisations, Pole Star will provide us with the advanced technological solutions that we need to manage, track and protect our fleet in line with international regulations and compliance measures."
