Teledyne Caris in Fredericton, New Brunswick, Canada develops marine mapping software and is a subsidiary of Teledyne Technologies Inc., the Thousand Oaks aerospace, imaging and marine products manufacturer.
As part of the new agreement, the three organizations will use a new artificial intelligence tool developed by Teledyne Caris and the UKHO.
Seabed 2030 is a collaborative project between the Nippon Foundation and General Bathymetric Chart of the Oceans (GEBCO) to inspire the complete mapping of the world’s ocean by 2030, and to compile all bathymetric data into the freely available GEBCO Ocean Map.
Edwin Roks, executive vice president and segment president of Teledyne Digital Imaging, said the company was pleased to support the mapping project with AI technology.
“Seabed 2030 represents an opportunity for a unique collaboration whereby new AI methods are being developed and delivered to help solve the data processing bottlenecks created by the huge quantities of data needed to map the world’s oceans over the next decade,” Roks said in a statement.
Shares of Teledyne (TDY) closed down $7.78, or 1.8 percent, to $422.12 on the New York Stock Exchange, on a day when the Dow Jones closed down at a fraction of a percent.