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KMAR on Oslo Stock Exchange

Kongsberg Maritime

Logo: MaritEgeberg, CC0, via Wikimedia Commons4

Norwegian technology company

Kongsberg Maritime (KM) is a Norwegian technology enterprise and used to be a part of Kongsberg Gruppen (KOG). Kongsberg Maritime deliver systems for positioning, surveying, navigation, and automation to merchant vessels and offshore installations. Their most well known products exist within dynamic positioning systems, marine automation and surveillance systems, process automation, satellite navigation, and hydroacoustics.2 Its chief executive is Egil Haugsdal.1 It employed 8,300 people in 2026.1 Its revenue was NOK 7.5 billion in 2018.1 Its shares trade on Oslo Stock Exchange under the symbol KMAR.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Feb 6, 1998Founded1

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  • TickerKMAR on Oslo Stock Exchange1
  • Industrytechnology industry1
  • HeadquartersKongsberg1
  • Websitewww.kongsbergmaritime.com
  • Legal formaksjeselskap, allmennaksjeselskap1
  • LEI6367007UE6J5YSBTWN873
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressKirkegårdsveien 45, 3616 Kongsberg, Norway3
  • Registered withThe Brønnøysund Register Centre, 936 346 3403

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Kongsberg Maritime headquarters in Poland
Photo: INakeii, CC BY 4.0, via Wikimedia Commons6

Kongsberg Maritime (KM) is a Norwegian technology enterprise and used to be a part of Kongsberg Gruppen (KOG). Kongsberg Maritime deliver systems for positioning, surveying, navigation, and automation to merchant vessels and offshore installations. Their most well known products exist within dynamic positioning systems, marine automation and surveillance systems, process automation, satellite navigation, and hydroacoustics.2

Corporate structure

Kongsberg Maritime sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Kongsberg Maritime Kongsberg, Norway

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Kongsberg Maritime's history dates back to 1946. Simonsen Radio, later Simrad, was founded on 31 December that year; its first product was a radio telephone for the fishing fleet. The first echo sounder for the commercial fishing fleet came on the market in 1950. The first alarm system was ready in 1959.

Kongsberg Maritime is part of Norway’s long industrial and technological heritage, with roots tracing back to the Kongsberg environment established in 1814.

1814–1987 (Early history): The company’s origins date back to the establishment of Kongsberg Våpenfabrikk in 1814.

The maritime business itself began to take shape after World War II, particularly with the founding of Simrad in 1946, which developed early communication and echo sounding equipment for the fishing fleet.

1970s: The technology company firmly established itself in the maritime sector alongside oil exploration and offshore activity in the North Sea.

1990s: Kongsberg Gruppen was established in its current form. The maritime division was formally separated as an independent company in 1998, building on acquisitions such as Norcontrol.

2000s: The company experienced strong international growth and became a global leader in advanced systems for dynamic positioning (DP), underwater robotics, ship design, and navigation.

April 2026: Kongsberg Maritime was demerged from Kongsberg Gruppen and listed as an independent, publicly traded company on the Oslo Stock Exchange (ticker: KMAR), strengthening its independent position and creating new growth opportunities.

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Kongsberg Maritime has over the years absorbed a number of well known maritime and offshore related companies, including:

Autronica

Consultas

Contros

Embient

GeoAcoustics

KonMap

Kongsberg Mesotech

NorControl

Rolls-Royce Commercial Marine

Seatex

Simrad

From Wikipedia’s article on Kongsberg Maritime, shared under CC BY-SA 4.0.5

Leadership

Who has led Kongsberg Maritime, and when. Pick a name to see everywhere that person has worked.

Products and brands

The main product areas for Kongsberg Maritime are:

Deck systems Includes complete seismic back-deck systems, seismic cable control, marine and offshore cranes and helideck monitoring.

Dynamic positioning systems Control systems that make it possible to keep a vessel/platform in the same position under demanding weather conditions.

Navigation systems Radar, digital chart systems (ECDIS), steering systems and integrated navigation equipment for ship's bridges.

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Hydroacoustics, echo sounder, sonars High technology hydroacoustic products for seabed surveying, subsea communication and positioning.

Autonomous underwater vehicles & marine robotic systems Free-swimming autonomous underwater vehicles characterized by great manoeuvrability and high accuracy for civilian and military use including the HUGIN Family of AUVs (HUGIN, HUGIN Egde, HUGIN Superior and HUGIN Endurance). Other marine robotic systems include the Sounder autonomous Uncrewed Surface Vessel (USV) for scientific and survey tasks, and Eelume, a free swimming resident robot for subsea inspection and observation operations.

Marine automation and surveillance systems Systems for surveillance and for controlling engines, cargo and propulsion on vessels.

Motion sensors, GPS, AIS and position reference systems Automatic systems for recording vessel identification, position, movement and cargo (AIS - Automatic Identification Systems). GPS satellite positioning systems.

Naval systems Acoustic monitoring and tracking systems, homeland security systems, naval sonars transponders and pingers.

Sensors and transmitters Sensors to measure temperature, pressure, tank level, motion and dissolved gases.

Tank gauging Systems to measure, monitor and control liquid cargos.

Underwater and harsh environment camera systems Underwater cameras, imaging technology and products to the Offshore Oilfield, Scientific, Maritime and Naval sectors.

From Wikipedia’s article on Kongsberg Maritime, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

Former owners and parents

From Wikidata.1

Acquisitions

  1. Succeeded Norcontrol1

Employees over time

  • 20268,3001
  • 20197,6001

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 20187.5B NOK1

Timeline

  1. Apr 24, 2026Went public Listed on Oslo Stock Exchange1
  2. Feb 6, 1998Founded Founded1

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 33. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Raymond James Financial Inc95,179$3.1M0.0%−1,030
Cetera Investment Advisers68,478$2.2M0.0%+28,478
Commonwealth Equity Services, LLC56,248$1.8M0.0%−2,410
HighTower Advisors, LLC33,000$1.1M0.0%+22,669
Kestra Advisory Services, LLC30,334$974.9K0.0%+7,751
Old Mission Capital LLC28,082$902.6K0.0%+5,478
First Commonwealth Financial Corp /PA/25,421$817.0K0.1%New
Miller Financial Services LLC23,750$763.3K0.6%+150
Susquehanna International Group, Llp22,484$722.6K0.0%New
LPL Financial LLC21,277$683.8K0.0%−4,053
Truist Financial Corp20,468$657.8K0.0%+1,499
Beacon Financial Advisory LLC19,345$621.7K0.1%−111
Faithward Advisors, LLC17,835$573.2K0.1%New
Diligent Investors, LLC14,300$459.6K0.1%+3,300
Ballast Rock Private Wealth LLC13,709$440.6K0.2%+3,456
Envestnet Asset Management Inc13,218$424.8K0.0%−10
TrustBank11,695$375.9K0.1%+1,350
Cyndeo Wealth Partners, LLC10,750$345.5K0.0%No change
Fiduciary Financial Group, LLC9,948$319.7K0.0%+2,548
Keating Financial Advisory Services, Inc.9,618$309.1K0.0%No change
Cerity Partners LLC9,244$297.1K0.0%No change
Phoenix Financial Ltd.7,880$253.1K0.0%−1,445
Osaic Holdings, Inc.7,603$244.4K0.0%+1,595
Private Advisor Group, LLC7,100$228.2K0.0%No change
PFS Partners, LLC7,075$227.4K0.1%+1,439

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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