New Zealand based ENL Group, has received a NZD$15m R&D growth grant to assist with ongoing investment in its globally recognised WASSP Multibeam Sounder.
The grant comes from Callaghan Innovation, which is a New Zealand government agency that helps businesses succeed through technology and R&D.
ENL Group managing director Gareth Hodson said the R&D grant will further assist the company as it looks to expand its product range and increase the company’s export revenue opportunities.
“In October we launched our third generation multibeam sounder which is based on a scalable hardware platform with endless possibilities for many new products including bottom classification and biomass research.”
“ENL Group has invested tens of millions of dollars over the last 20 years into R&D. Alongside this new grant, we will be allocating further significant financial investment over the next three years as we develop new product lines and grow our markets internationally.”
As well as being the parent company of WASSP Ltd, ENL Group is also the New Zealand distributor for FURUNO Electronics of Japan.
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