Nekkar ASA (0TT) Price & Analysis

Nekkar ASA is a diversified company with operations spanning the marine, aquaculture, renewable energy, and digital technology sectors. For shipyards, they supply sophisticated equipment, including Syncrolift shiplift and transfer systems, which facilitate the efficient launching, retrieval, and internal movement of vessels. Additionally, their FastDocking products streamline vessel maintenance and docking processes. The company also provides full-service support, offering maintenance, spare parts, and component upgrades for their systems. In aquaculture, Nekkar offers Starfish, an innovative automated closed-cage solution. This system provides robust protection against escapes with its double-barrier design, prevents salmon lice infestations by drawing water from deep offshore, and captures a substantial 90% of biological waste. Their contribution to renewable energy includes SkyWalker, a specialized tool developed for installing wind turbines. Furthermore, Nekkar develops open-source software platforms dedicated to data collection, monitoring, and control for various industrial applications. The company maintains a significant global footprint, conducting business in regions such as South Asia, Europe, Southeast Asia, Northeast Asia, West Asia, the United States, and Africa. Established in 1966 and based in Kristiansand, Norway, the company was formerly known as TTS Group ASA before rebranding as Nekkar ASA in July 2019.