Tocaro Blue acquires Moxie IoT to accelerate development of PROTEUS navigation assistance
Tocaro Blue has acquired Birmingham, AL based Moxie IoT for an undisclosed amount in order to accelerate the development of navigation assistance systems and autonomous boating technology for the recreational marine industry. …including PROTEUS: a hardware device that combines sensor information from the vessel’s RADAR, depth transducer, and various data sets with advanced machine learning models. This information appears as an intuitive display, enabling confidence and enhanced awareness…
