Seakeeper, a US manufacturer of gyro stabilisation systems, has reported record growth in 2014. According to a company statement, shipments of gyros increased 46% over 2013 as more boat manufacturers added Seakeeper as standard and optional equipment on new builds.
A sizeable portion of its sales also came from refits, the company claims. Additional sales personnel, third party partners and industry acceptance helped to increase this segment.
Seakeeper expanded its markets in 2014 with its portfolio of five new models, scaled to fit a wider range of boats from 9m-67m. The updated units are more compact than earlier versions and cost less due to the company’s investment in manufacturing efficiency.
“In response to increased demand, 2014 saw Seakeeper invest in its future,” says Shepard McKenney, Seakeeper founder and CEO. “We’re strong, and strategically situated for further growth.”
Seakeeper recently expanded its infrastructure, adding 1,672sq m of engineering and manufacturing space with supplementary equipment to parallel its capabilities. Also in 2014, it established locally-based sales personnel in Europe, and opened an Asia base of operations in Singapore.
“We’re forecasting strong top line growth for 2015,” adds Andrew Semprevivo, Seakeeper VP of sales and marketing. “With the groundwork we’ve laid over the past six years, we look forward to making Seakeeper’s vision of every boat being stabilised, therefore safer and vastly more enjoyable, a reality.”
Seakeeper designs and builds stabilisation gyros for recreational craft and superyachts, as well as commercial and military vessels. The company is headquartered in Maryland.