The start-up company Hafbor in Siglufjörður has designed and built an underwater drilling machine that attaches to the seabed for various equipment. The project was funded by the Technology Development Fund and the NORA-Nordic Technology Development Fund in collaboration with Matís and more.
The machine option has already been used in Iceland and is on its way to projects abroad.
Hafbor ehf.
According to Ingvar Erlingsson, CEO of Hafbor, the machine was fully developed in Iceland and has already performed several projects in Iceland. A contract is being negotiated with a distributor in Sweden and the machine will go to the USA at the end of the month.
More information and a video with the news can be found here.
The above article first appeared on Morgunblaðið's website, www.mbl.is.