Rosenxt announces strategic acquisition of Beam, Expanding Offshore and Subsea Capabilities

Aberdeen, UK / Stans, Switzerland – July 4, 2025 – Rosenxt UK Ltd., part of Switzerland-based Rosenxt Holding AG, has acquired selected assets and talent from Rovco Limited, doing business also as “Beam”, the subsea robotics and engineering firm formerly based in Bristol and Aberdeen.

This strategic move enhances Rosenxt’s subsea capabilities, reinforcing its long-term commitment to the critical infrastructure and energy sectors. Beam, formed in 2024 through the merger of Rovco and Vaarst,
gained rapid recognition for its autonomous subsea systems and AI-powered technologies before ceasing operations in May 2025.

Rosenxt’s acquisition does not constitute a continuation of all Beam’s former operations. Rather, it represents a carefully considered consolidation of high-value competencies - focused on integrating key technical assets, welcoming expert talent, and establishing a foundation for future development.

Rosenxt will integrate these capabilities into its broader subsea strategy, with a focus on growth in Aberdeen and Bristol. The acquisition underscores a shared commitment to engineering excellence and delivering sustainable, high-performance solutions in complex subsea environments.

“Beam’s innovative legacy aligns with Rosenxt’s ambitious long-term vision,” said Hermann Rosen, Chairman of the Board. “This acquisition strengthens our ability to lead in next-generation subsea technologies, looking at least 10 years ahead”.

In the coming months, Rosenxt will concentrate on carefully evaluating and aligning the acquired capabilities with its strategy. This includes designing a forward-looking roadmap that carefully balances evolving future market needs with operational integrity and long-term performance standards.

Rosenxt and the former Beam team were aligned by a common drive: pushing the boundaries of subsea technology through intelligent, high-performance solutions. This acquisition reflects Rosenxt’s targeted investment in select technologies and expert individuals who embody this forward-looking mindset. The integration strengthens Rosenxt’s ability to build on Beam’s innovative legacy - with a clear focus on future applications and a long-term strategy.

“We acknowledge the uncertainty experienced by clients, partners, and former employees following Beam’s abrupt closure,” said Dirk van Vinckenroye, General Manager Rosenxt.
“With this acquisition, we are laying the groundwork for a new chapter - one that values stability as much as innovation.”