In December 2024, VICUS Desarrollos Tecnológicos (VICUSdt), a leading Spanish engineering firm specializing in hydrodynamics and ship propulsion solutions, announced the acquisition of Rice Propulsion. This strategic move enhances VICUSdt’s global footprint and combines expertise in propeller design and manufacturing. The acquisition allows VICUSdt to expand its reach in North and South American markets, leveraging Rice Propulsion’s century-old legacy in marine propulsion.