NORBT fundamentals

Norbit ASA engages in the provision of tailored technology solutions to niche markets. It operates through the following segments: Oceans, Connectivity, and Product Innovation and Realization (PIR). The Oceans segment offers tailored technology to a global maritime market, where its core offering consists of sonar solutions based on its own proprietary technology. The Connectivity segment features tailored connectivity solutions based on short range communication technology to intelligent traffic systems. The PIR segment was formed by in-house multidisciplinary research and development engineering capabilities and integrated manufacturing facilities. The company was founded in 1980 and is headquartered in Trondheim, Norway.