VideoRay LLC
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VideoRay LLC - overview
Established
1999
Location
Pottstown, PA, US
Primary Industry
Electronics
About
Founded in 1999 and based in Pennsylvania, US, VideoRay operates as a developer of underwater robotic systems such as underwater remotely operated vehicles, sonar and navigation accessories for the aquaculture, defense, hydroelectric energy, salvage, shipping, water management, and wreck diving industries. In November 2024, BLUEHALO, a portfolio company of Arlington Capital Partners, acquired VideoRay. The firm’s core product offerings include the Mission Specialist series, which encompasses the Mission Specialist Ally, Defender, and Pro 5 models. These ROVs are engineered to perform tasks such as underwater inspections, search and recovery missions, and marine life observation.
They are particularly valuable in industries such as defense, aquaculture, offshore oil and gas, and civil inspection, where they enhance safety by allowing inspections to occur without putting divers at risk. VideoRay generates revenue through direct sales of its ROV systems and associated accessories, engaging primarily in business-to-business transactions. Funding from the November 2024 acquisition will facilitate the development of new ROV models and expand the company's operational capabilities in advanced underwater technologies.
Current Investors
BLUEHALO
Primary Industry
Electronics
Sub Industries
Defence, Electronic Components
Website
www.videoray.com
Verticals
Manufacturing, Robotics
Company Stage
Add-on
Total Amount Raised
Subscriber access only
VideoRay LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | VideoRay LLC | - |
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