OceanSight combines established technology businesses to deliver complementary high-resolution data and actionable insights in complex underwater environments.
“As global reliance on subsea infrastructure grows, so does the need for precise, reliable ocean intelligence,” said Khalil Maalouf, Managing Partner at XPV. “OceanSight brings together proven technologies to build a scaled platform that delivers advanced solutions essential to operating safely and effectively below the surface.”
He added: “By strengthening the intelligence that underpins critical maritime and offshore systems, OceanSight aligns with XPV’s core purpose of making a difference in water by supporting the health, safety, and security of our oceans and subsea infrastructure.”
Mike Read leads OceanSight as Chief Executive Officer, bringing more than two decades of experience in the ocean technology industry. He previously served as President of Teledyne Marine, overseeing a global portfolio of advanced marine instrumentation, sensing, and vehicle businesses serving offshore energy, security, research, and maritime markets.
OceanSight will operate as an integrated growth platform focused on investing and pursuing acquisitions to expand innovation, commercial reach, and operational capabilities. Serving offshore energy, maritime infrastructure, security, research, and environmental monitoring markets, OceanSight is positioned to become a leading provider of advanced subsea technologies within the growing blue economy.
“With our leadership team in place, we’re building OceanSight by acquiring and strengthening companies known for advanced technology and trusted performance in demanding subsea environments,” said Read. “We look forward to partnering with businesses that share our commitment to innovation and operational excellence.”
