BAR Technologies, a global provider of advanced communication technologies, has partnered with Mitsubishi Corporation, a Japanese conglomerate, and Nihon Shipyard, a leading Japanese shipbuilding and repair company, to establish a memorandum of understanding (MOU). The MOU aims to jointly develop and market advanced communication and connectivity solutions for the global marine industry. The partnership will focus on the development of advanced satellite communications and navigation systems, as well as advanced communication and collaboration tools for the maritime sector. The three companies will work together to identify and address the needs of the marine industry, with the goal of providing innovative and cost-effective solutions that improve safety, efficiency, and productivity. The MOU is expected to strengthen the companies’ competitive position in the global market and drive growth opportunities for all parties involved. The partnership is also expected to lead to the development of new products and services, as well as knowledge sharing and cooperation between the companies.
Source: https://www.marinelink.com/news/bar-technologies-mitsubishi-corporation-519579