Seakeeper, a US manufacturer of gyro stabilisation systems, has reported a 33 per cent increase in sales in 2013, contributing to an average annual growth rate of 53 per cent over the past three years.
Most of Seakeeper’s 2013 increase came from the recreational segment, where refit projects skyrocketed worldwide and more yacht builders specified the gyro as standard or optional equipment.
“Seakeeper is becoming a ‘must have’ for consumers,” says company COO John Kermet.
Seakeeper’s new Professional Division, which launched last year, will build on momentum in commercial marine and military markets, where Kermet said sales are projected to triple.
“In the future we believe there will be a gyro in every boat,” he says. “To help realise this vision and further enhance our customer’s onboard experience, we have many exciting product announcements scheduled throughout the year.”
Seakeeper designs and builds stabilisation gyros for recreational craft as well as commercial and military vessels. The company has its corporate and engineering headquarters in Maryland, with manufacturing, engineering and assembly operations in Pennsylvania.
Seakeeper says it’s now in the process of completing an 18,000sq ft expansion of its Pennsylvania location to meet anticipated demand.