Skip to main content

Milltech Marine Acquired


Safety and electronics company Milltech Marine, which specializes in AIS and other communications equipment, yesterday announced it was acquired by Jason Young, former global sales director for Vesper Marine.

“Jason was instrumental in the growth of Vesper Marine in the U.S.,” Vesper founder Jeff Robbins said in a statement. “Milltech Marine and Vesper have worked closely together for 14 years, and Jason's continual focus on innovation and exceptional product support are a perfect fit for this next chapter.”

Founded in 2006, Milltech Marine is aiming to expand its AIS products, including antennas and navigation software, to the general marine-safety market. Milltech also is the master U.S. distributor for Alltek Marine Electronics Corp. and Comar Systems, and is a dealer for em-trak, Rose Point Navigation Systems, Morad Antenna and Vesper.

“Milltech has established a solid reputation for not only offering a broad range of products from the industry’s top manufacturers to fit any need, but also for providing exceptional support to its customers across the country,” Young said in the statement. “We intend to expand our offerings by engaging smaller innovative manufacturers looking to trade in the American market.”



Industry Pushes Back Against Speed Restrictions

A NOAA Fisheries proposal would restrict boats 35 feet and larger to a 10-knot speed limit along the East Coast to protect right whales from vessel strikes.


Magonis Opens Connecticut Office

The Spain-based, electric-boat builder offers an 18-footer that’s available with motors from Torqeedo and Mag Power.


Bill Seeks to Increase Youth Fishing

The bipartisan Coastal Fishing Program Act of 2022 would ease barriers to accessing the outdoors in underserved communities.


Fall Is in Full Swing

With the autumnal equinox ushering in a new season today, the fall boat-show circuit is in high gear. Here are some recent reports and a look at what’s to come.


Manufacturer Confidence Drops

Still, U.S. builders remain largely optimistic despite ongoing constraints with the supply chain and workforce, as well as yesterday’s interest rate hike.


Defender Adds TEMO Electric Boat Motor

Defender Industries is the official U.S. dealer for the French company’s lightweight, portable electric motors.


Twin Disc Sells Belgium Facility

The transmission manufacturer is still using the facility in a leaseback transaction as it looks to reduce costs.