The American technology giant Emerson has made a 'strategic investment' in the Danish maritime technology company Frugal Technologies.
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The companies announced on Tuesday that Emerson, the American technology giant, has made a 'strategic investment' in the Danish maritime technology company Frugal Technologies.
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Tech giant snatches a piece of Frugal Technologies
The American technology giant Emerson has made a 'strategic investment' of 35 percent in the maritime technology company Frugal Technologies based in Aalborg
With Frugal Propulsion - a control system based on artificial intelligence - the Aalborg-based company Frugal Technologies has helped shipping companies such as Uni-Tankers, Christiania Shipping and Royal Arctic Line save tons of fuel. Typically, the system provides a fuel savings of 15 percent. Frugal Technologies
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