dsnm, a specialist superyacht navigation management company, has announced its acquisition of NavigatX, combining two complementary areas of expertise into a unified organisation. This acquisition makes it the largest independently-owned maritime navigation company, which also offers full hardware support and refits – the only company in the world that offers both.
Alicia Store and David Store representing dsnm & NavigatX
Founded 25 years ago, dsnm has built its business into a highly trusted provider of maritime software solutions and technical support, expanding from a fleet of almost 700 vessels with a team of 35 specialists. They help captains and crews operate safer, more efficient, and fully compliant vessels through dedicated management, award-winning passage planning software, technical support, and crew training.
Four years ago, NavigatX was established as a dedicated sister company, created to focus on bridge refits, marine electronics, and ongoing bridge hardware support. Since its inception, NavigatX has forged partnerships with leading technology providers including Farsounder, Furuno and MIMO Connect, whilst distinguishing itself across the global superyacht fleet, working on projects with vessels up to 140-metres in length.
Strengthening Operational Efficiency
At its core, the acquisition represents significant growth and aligns with dsnm’s ongoing strategic plan to selectively expand its service offerings in the international superyacht sector.
Chief Executive Officer David Store explains, “NavigatX was born because we could see a gap between the standard of hardware support available to yachts and the level of service our customers had come to expect from dsnm. Bringing the two businesses together is the natural next step. It gives our customers one trusted partner for both software and hardware, backed by even better technical expertise, stronger project delivery and a team that understands the bridge as a complete operation.”
With everything centralised under one company, the deal positions them as one of the leading maritime navigation businesses. Looking ahead, the focus will be on ensuring a smooth transition for their clients, and maintaining the highest standards of delivery for customers within the same ecosystem.
For more information, visit www.dsnmltd.com
