Iqua Robotics

Iqua Robotics

IQUA Robotics manufactures Autonomous Underwater Vehicle (AUV) systems which can be adapted for a wide range of research and professional applications.

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DateInvestorsAmountRound

€50.0k

Grant
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues0000000000000000000000000000
% growth-331 %5 %1 %(51 %)20 %8 %
EBITDA0000000000000000000000000000
% EBITDA margin(3 %)17 %2 %34 %27 %--
Profit0000000000000000000000000000
% profit margin(3 %)13 %(2 %)23 %1 %--
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Dealroom estimates

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More about Iqua Robotics
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IQUA Robotics, founded in 2016 and based in Girona, Catalonia, Spain, specializes in the development and commercialization of Autonomous Underwater Vehicles (AUVs). These AUVs are designed for a variety of applications, including industrial, scientific, and academic research. The company's flagship product, the SPARUS II AUV, combines the efficient shape of a torpedo with the ability to hover, making it a versatile tool for underwater exploration and data collection.

IQUA Robotics operates in the underwater robotics market, serving clients such as research institutions, universities, and commercial enterprises involved in marine technology and underwater exploration. The company’s close collaboration with the University of Girona allows it to integrate cutting-edge technologies into its products, ensuring they remain at the forefront of innovation in underwater robotics.

The business model of IQUA Robotics revolves around the sale of customizable AUVs and the provision of tailored solutions to meet specific customer needs. The SPARUS II AUV, for instance, features a customizable payload area and an open software architecture based on the Robot Operating System (ROS). This flexibility allows clients to adapt the AUV for various missions, enhancing its value proposition.

IQUA Robotics generates revenue primarily through the sale of its AUVs and related services. The company also benefits from ongoing research and development (R&D) efforts, which are a priority and are supported by its partnership with the University of Girona. This R&D focus ensures that IQUA Robotics can continually offer state-of-the-art solutions to its clients.

In summary, IQUA Robotics is a dynamic player in the underwater robotics market, providing innovative and customizable AUV solutions for industrial, scientific, and academic applications.

Keywords: Autonomous Underwater Vehicles, AUV, underwater robotics, SPARUS II, customizable payload, ROS software, marine technology, research institutions, University of Girona, innovation.

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