DCNS rebrands to Naval Group

Business & Finance

French naval specialist DCNS has rebranded to Naval Group, while also changing the name of its subsidiary dedicated to marine renewables to Naval Energies.

The Naval Group name links the company’s historical activities to the new business activities in marine renewable energy, Naval Energies said.

The reasons for choosing to diversify the activities in these areas lie in the knowledge of the sea and in the synergies which exist from a technological point of view between the systems developed on vessels and the new solutions designed in marine renewable energies, according to Naval Energies.

Naval Energies, formerly known as DCNS Energies, was launched in January 2017 to accelerate the development of marine renewable energy sector by bringing tidal energy, ocean thermal energy conversion (OTEC) and floating offshore wind technologies to full maturity.

Hervé Guillou, CEO at Naval Group, said: “The creation of a strong, unifying brand, that embodies both our heritage and our expertise will enable us to meet two major objectives: continue to attract and retain the best and brightest talent for our workforce to ensure we have the critical skills required to maintain our clients’ sovereignty, and increase our international reach and win new markets in an extremely competitive landscape.”

Naval Group’s Irish-based subsidiary focused on tidal energy developments, OpenHydro, was integrated into Naval Energies.