Australian-headquartered Harvest Technology Group Limited (ASX: HTG) (Harvest) has successfully developed a bespoke solution for an oil and gas exploration company, enabling access to real-time data from one of the most remote places on the planet – the sea floor.
The next-generation system uses acoustic transfer technology to securely transmit data 24/7 from a monitoring structure on the sea floor to a “smart buoy” at the surface. The smart buoy acts as a modem to communicate data back onshore...