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Subsea Environmental Services
Recovering and recycling out-of-service submarine telecommunications cables
About Subsea Environmental Services
Subsea Environmental Services (SES), founded in 2012 with marine operations beginning in 2014, specializes in the recovery, decommissioning, and recycling of out-of-service (OOS) submarine telecommunications cables. Headquartered in New York, NY, and with operations in the Netherlands, the company serves the global telecommunications industry by removing retired cables from the seabed.
The company's business model centers on acquiring OOS submarine cables, recovering them, and processing them to be recycled. The recycled materials, which include ferrous and non-ferrous metals and high-grade plastics, are reintroduced into the global supply chain, which offsets the need for newly-mined materials. This process presents a commercially viable enterprise that also promotes marine environmental stewardship. In addition to deep-water cable recovery, SES provides the telecom industry with services such as shore-end decommissioning, route clearance, and logistics.
Since 2014, SES has recovered over 60,000 kilometers of cable and recycled more than 100,000 metric tons of material. A significant milestone was the November 2022 capital partnership with Orion Infrastructure Capital (OIC), which provided up to $31 million to fund vessel acquisitions and portfolio expansion. The company holds certifications for ISO 9001 (Quality Management) and ISO 14001 (Environmental Management). Beyond its core business, SES collaborates with the scientific community by using its vessels as platforms for data collection to support ocean research and health.
Source: Dealroom company dataAt a glance
- Founded
- 2014
- Headquarters
- New York City, United States
- Sector
- Energy
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From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Orion Infrastructure Capital
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