Fincantieri has announced an investment in WSense, a company Specialized in underwater monitoring and communication systems with which the Italian shipbuilding group had entered into a collaboration agreement ( of 21 December 2023). Fincantieri specified that the investment provides for the subscription of a loan convertible into equity for an initial amount of €2.5 million, with the possibility of to increase the investment by a further amount of 2.5 Million. The completion of the investment in WSense will be subject to the fulfilment of certain conditions set out between the parties and obtaining the required authorisations for this type of operation.

Fincantieri announced that the collaboration between the two company has already delivered concrete results, including the awarding of three tenders promoted by the National Pole of the Underwater dimension. These projects involve the development and the implementation of advanced communication solutions diving, exploiting the complementary skills of the two realities. In addition, Fincantieri and WSense are actively engaged in the participation in further national and European calls for innovation in the underwater sector and in commercial proposals Joint.

"With this operation," explained Pierroberto Folgiero, CEO and General Manager of Fincantieri - We remain committed to investing in solutions that can define the future of shipbuilding and underwater defence, while supporting the development of Italian excellence and confirming the leading role of Fincantieri in the industrial fabric of our country".

"Fincantieri's entry into the capital of WSense - commented Chiara Petrioli, CEO of WSense - represents a important recognition of the technological and strategic value of our solutions in the field of underwater communication. It is An operation that allows us to accelerate our growth industrial and commercial, strengthening WSense's positioning As a key player in a crucial security sector, the sustainability and competitiveness of the country".

Meanwhile, today, at the Fincantieri shipyard in Muggiano (La Orizzonte Sistemi Navali (OSN), a joint venture by Fincantieri (51%) and Leonardo (49%), delivered to the Navy The Italian military frigate Spartaco Schergat, ninth in a series of ten FREMM units (European Multi Frigates Mission) commissioned to Orizzonte Sistemi Navali as by Prime Contractors, Whole Warships and Combat System Design Authority under the International Cooperation Agreement Italian-French, and whose contract was stipulated with OCCAR, Organisation Conjointe de Coopération en matière d'Armement.

The FREMM programme, launched in 2005 with the delivery of the first unit of the class that took place in July 2012, provides for the supply of four units in General Purpose configuration, four Anti submarine and two Anti submarine Enhanced. As part of program, are being built at the integrated construction site of Fincantieri of Riva Trigoso and Muggiano, two FREMM frigates of new generation in the "Evolution" version, called "FREMM Evo" with the delivery of the first unit expected in 2029 and the second in 2030.