Miros

What Miros does

Miros AS is a Norway-based (Asker) privately held company founded in 1985 that pioneered radar-based ocean surface measurement and has supplied maritime sensing technology for over four decades. The company builds and sells proprietary IoT-enabled radar sensors — including WaveSystem, WaveFusion, Wavex, RangeFinder, Oil Spill Detection, Wave & Current Radar, and WaveWeather — that measure waves, currents, vessel motion, and speed-through-water. These sensors feed the Miros Cloud Home platform, which hosts application modules such as PredictifAI for AI-powered ocean and vessel motion prediction, OSD Monitoring for cloud-based oil spill detection with tamper-proof compliance logging, and a suite of vessel performance tools (Vessel Technical Index, Dynamic Fuel Table, Anti-Roll Assistant, Charter Party Performance, Noon Report Assistant), plus integration and visualization modules (Data Connector, Data Explorer, Forecast, Offshore Wind Map).

Miros generates revenue through three streams: sale of sensor hardware, SaaS subscriptions for the Miros Cloud platform and applications, and usage-based data-as-a-service delivery of real-time sea state data. Pricing is custom and quote-based; contracts are typically multi-year, sold through direct enterprise sales and a global partner network. Customer outcomes cited by named users include up to 10% fuel savings (BW Dry Cargo) and a reported 80% time reduction in accessing MetOcean data (unnamed major energy company). The company serves five primary verticals — offshore operations, offshore wind, oil & gas, ports & coastal, and shipping — with named customers Bibby Marine Services, BW Dry Cargo, NOFO, BMO Offshore, and a major energy company. In December 2025 it signed an MOU with Marine Technologies to embed Wavex into MT's vessel control and dynamic positioning systems, reaching approximately 300 vessels in the Gulf of Mexico and Brazil. The company reports between 51 and 100 employees and holds ISO 9001 and ISO 27001 certifications. Andreas Brekke serves as Chief Executive Officer.

Note: a separate Rotterdam-based startup sharing the 'Miros' name raised $1.1M in pre-seed funding in March 2025 (led by Exceptional Ventures, with Antler participating) to develop sensor-equipped office pods; available sources indicate this is a distinct entity from the Norwegian maritime sensing business described here.

Name

Miros

Legal name

Miros AS

Website

https://miros.no

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Miros is a Norway-based, 40-year-old marine technology company that builds IoT-enabled radar sensors for ocean surface measurement, feeding real-time wave, current, and vessel motion data into its Miros Cloud platform with AI-powered analytics for offshore, shipping, offshore wind, oil & gas, and ports customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Asker

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Sensor Hardware Sales: Sale of proprietary radar-based sensors and measurement systems including WaveSystem, WaveFusion, Wavex, RangeFinder, Wave & Current Radar, and WaveWeather. Hardware is sold as part of integrated solutions with software components.
2. Software Subscriptions and Cloud Services: SaaS subscriptions for Miros Cloud platform providing data access, analytics, and monitoring capabilities. Includes applications like OSD Monitoring, PredictifAI, Data Connector, Data Explorer, and Forecast services delivered on a recurring subscription basis.
3. Data-as-a-Service: Real-time ocean condition data delivered on-demand, providing accurate sea state data as-a-service to empower operators to maximize offshore performance and asset efficiency.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Miros designs, manufactures, and sells proprietary radar-based ocean surface measurement sensors and IoT-enabled systems (WaveSystem, Wavex, RangeFinder, Oil Spill Detection) and bundles them with a cloud-based AI analytics platform (Miros Cloud) and vessel performance software. The integrated offering delivers real-time wave, current, speed-through-water, and oil spill data to offshore vessel operators, shipping companies, offshore wind operators, and oil & gas customers worldwide.

Product overview

Miros offers a comprehensive ocean insights platform combining IoT-enabled radar sensor technology with AI-powered analytics software. The portfolio operates on a platform-plus-modules architecture: the core infrastructure consists of radar-based sensors (WaveSystem, WaveFusion, Wavex, RangeFinder, Oil Spill Detection, Wave & Current Radar, WaveWeather) that feed real-time ocean condition data to the Miros Cloud Home platform. From this platform, users access specialized applications including PredictifAI for AI-powered predictions, OSD Monitoring for oil spill detection, and vessel performance tools (Vessel Technical Index, Dynamic Fuel Table, Anti-Roll Assistant, Charter Party Performance, Noon Report Assistant). Data Connector and Data Explorer enable integration and visualization, while Forecast and Offshore Wind Map serve specialized market segments. The company serves offshore operations, offshore wind, oil & gas, ports & coastal, and shipping industries.

Differentiator

Problem solved

Functional benefit

Products and services

• WaveSystem Radar-based wave measurement system providing accurate real-time ocean wave data for maritime and offshore operations. Used by offshore vessel operators, ports, and energy companies.
• Wavex Radar-based wave monitoring and vessel motion prediction system providing real-time ocean condition insights for offshore operations. Pre-installed within Marine Technologies' vessel control and dynamic positioning systems.
• RangeFinder Radar-based sensor system for measuring speed-through-water, enabling accurate vessel navigation and fuel efficiency optimization. Connected systems deliver real-time ocean data feeds to operators such as Bibby Marine Services.
• Oil Spill Detection Radar-based sensor system for detecting and monitoring marine oil spills in offshore environments. Validated in real oil-on-water exercises by Norwegian Oil Pollution Compensation (NOFO).
• Miros Cloud Home Cloud-based data platform providing centralized access to all Miros ocean insights and sensor data, delivered as a SaaS subscription. Enables secure, on-demand access to MetOcean data, reducing time spent retrieving information by up to 80%.
• OSD Monitoring Cloud-based real-time oil spill detection application providing tamper-proof data logging, secure information sharing between offshore and onshore units, and automated compliance documentation with audit trails. Aims to reduce operational costs by minimizing false alarms and eliminating manual inspection.
• PredictifAI AI-powered predictive analytics application delivering advanced ocean condition forecasts and vessel motion predictions, providing highly accurate short-term predictions up to two minutes ahead.
• Vessel Performance Solutions Bundled suite of vessel operations optimization tools including Vessel Technical Index, Dynamic Fuel Table, Anti-Roll Assistant, Charter Party Performance, and Noon Report Assistant for comprehensive vessel performance analytics. Delivers up to 10% fuel savings.

Quantifiable outcome

• Up to 10% fuel savings using Miros Speed Through Water
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

One partnership is on record.

• Marine TechnologiescoreStrategic or Co-development Partner · 3 December 2025Miros and Marine Technologies signed a non-binding memorandum of understanding to integrate Miros' ocean sensing, wave monitoring, and oil spill detection technologies with MT's vessel control and dynamic positioning systems. Miros' Wavex systems will be pre-installed within MT's systems and distributed through MT's global channels, serving MT's fleet of approximately 300 vessels operating primarily in the Gulf of Mexico and Brazil. Partnership includes joint development of vessel performance analytics and offshore wind walk-to-work solutions.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Wärtsilä: Wärtsilä is a broad marine technology and services incumbent offering voyage optimization, fuel efficiency, and vessel performance solutions that overlap with Miros' vessel performance and speed-through-water analytics.
• Saab: Saab's surveillance business (including acquired SeaEye and marine radar heritage) develops radar and sensor systems for maritime situational awareness, positioning it as a broader incumbent in ocean sensing and naval markets.
• Northrop Grumman (Sperry Marine): Northrop Grumman's Sperry Marine business provides marine radar, integrated bridges, and navigation systems for naval and commercial ships, competing with Miros in the maritime sensor and navigation category.

Direct peers

• Kongsberg Maritime: Kongsberg Maritime provides marine sensors, navigation, and vessel control systems including wave monitoring, dynamic positioning, and oil spill detection, directly overlapping with Miros' product portfolio and serving the same offshore and shipping customer base.
• JRC (Japan Radio Co.): JRC manufactures marine radar, navigation, and communication equipment for commercial vessels, directly comparable to Miros in offering radar-based sensors and integrated bridge systems.
• Furuno: Furuno is a leading manufacturer of marine electronics including radar, navigation sensors, and fish-finding equipment, serving commercial shipping and fishing fleets that overlap with Miros' customer segments.
• Sonardyne: Sonardyne designs and manufactures subsea acoustic positioning, sensing, and communication instruments for offshore oil & gas, renewables, and maritime markets — closely comparable to Miros in marine instrumentation.
• Valeport: Valeport manufactures oceanographic and hydrometric instruments including wave, current, and tidal sensors, directly competing with Miros in the marine instrumentation segment.
• Aanderaa Data Instruments: Aanderaa (a Xylem brand) manufactures oceanographic sensors for measuring waves, currents, and water quality, with significant product and end-customer overlap with Miros' Wave & Current Radar portfolio.

Emerging players

• Sofar Ocean: Sofar Ocean provides real-time ocean data via distributed drifting buoys and AI forecasting, offering an emerging alternative data source for wave and weather conditions that competes with Miros for operational decision-making use cases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCpVZ8VGWpREcDK-PaRNiEXg
• Facebookfacebook.com/mirosgroup
• LinkedInuk.linkedin.com/company/miros
• Instagraminstagram.com/mirosgroup
• Xx.com/mirosgroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Miros