Ultranav invests in ‘LifeLadder’

To further bolster its increasing sales success with LifeLadder and complementary products, Danish company Port-Safety has attracted investment from leading maritime company Ultranav, and also secured additional funding from Vaekstfonden – the Danish Growth Fund.

Per Lange from Ultranav, who has more than 40 years of maritime and shipping experience, joins Port-Safety as its new chairman. “Port-Safety has developed a unique and patented product that can make a real difference in critical situations within the maritime world,” he says. “On top of the safety improvements, it is also a very convincing attribute that LifeLadder offers to cut carbon footprint to less than half compared with traditional solutions.”
Lange believes that Ultranav’s strong international network could benefit Port-Safety in the future, and managing director Kim Haaning welcomes the opportunities this could bring. “We are excited to have closed this deal as it allows us to accelerate our global growth ambitions and further improve our contribution to saving lives,” he explains. “Ultranav comes with a proud maritime heritage, market insights, and a strong network across customers and suppliers. We look forward very much to the value this new cooperation can bring.”
LifeLadder was launched in mid-2018 and sales have reached more than 30 countries. Additional products, focused on solar powered lighting to ensure the access to safety is visible at night, have been created, along with products focused on quay wall safety.
www.port-safety.com