America News: Garmin acquires Nautamatic Marine’s assets

America News:  Garmin acquires Nautamatic Marine’s assets

Garmin has acquired substantially all the assets of Nautamatic Marine Systems, manufacturer of the TR-1 Gold and Gladiator marine autopilots.

Financial terms of the transaction have not been disclosed.

All of Nautamatic’s 28 employees have joined Garmin’s US subsidiary, Garmin International, and will be based in the facilities previously occupied by Nautamatic in Newport, Oregon and Dania Beach, Florida.

Founded in 1994, Nautamatic Marine Systems has operated under the name TR-1 Autopilots™.

Nautamatic’s patented marine autopilot technology does not require a rudder-angle sensor, which are often the biggest installation and maintenance challenges in other autopilot systems. In addition, Nautamatic’s patented ShadowDrive™ technology enables boaters make manual course changes from the helm without disengaging the autopilot.

Garmin will initially continue to offer the existing TR-1 marine autopilot products, and intends to develop new marine autopilot products that will be integrated with Garmin Marine Network™ products.

This acquisition will enable Garmin to develop additional capabilities for the Garmin Marine Network, which already combines features like GPS, sonar, radar, XM WX Satellite Weather, 3D “mariner’s eye” topside view or “fish eye” underwater navigation perspective and auto guidance.

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