Norbit ASA engages in the provision of tailored technology solutions to niche markets. It operates through the following business units: Oceans, Intelligent Traffic Systems and Product Innovation & Realization. The Oceans unit offers tailored technology to a global maritime market, where its core offering consists of sonar solutions based on own proprietary technology. The Intelligent Traffic Systems unit offers tailored connectivity solutions based on short range communication technology to intelligent traffic systems. The Product Innovation & Realization unit is formed by in-house multidisciplinary research and development engineering capabilities and integrated manufacturing facilities. The company was founded in 1980 and is headquartered in Trondheim, Norway.