With the advent of electronic navigation in the twentieth century, magnetic compasses gradually lost ground to gyro compasses and global positioning systems. Iver C. Weilbach & Co. A/S never engaged in the production of electronic, navigational systems, which was mainly based on know-how developed in the military industry.
The company however continued to produce magnetic compasses until 2009-10 and employees of the company performed compass correction until the 1990s.
In the 1960s and 1970s the nautical chart supplies and the maritime publishing developed into the main activities of the company.
New international, maritime regulation on maritime safety and marine environmental protection caused the maritime publishing market to expand after 1970 and Iver C. Weilbach & Co. A/S proved able to supply updated maritime hand books for onboard libraries in the Danish merchant fleet.
In the twenty-first century, new technological developments in shipping have again started to change the nature of Iver C. Weilbach & Co.’s business. The advent of electronic nautical charts and electronic publishing of maritime hand books has provided a new business opportunity for Iver C. Weilbach & Co. A/S, and the company has expanded its services in this field since 2005.
It now offers both printed and electronic nautical charts and hand books for onboard libraries and it is able to offer services and updates to the shipping companies on a 24-7 basis. A subsidiary in Singapore was set up in 2010 and in Port Said, Egypt in 2015, supplemented by a branch in Alexandria in 2019, as business increased in both Asia and the Middle East.
The maritime industry has become more dependent on digital products, so Iver C. Weilbach & Co. A/S introduced a range of digital products called the Weilbach Nautical Digitised Information System (WENDIS) range. The aim of the WENDIS products is to enhance maritime safety and to alleviate the administrative burden on board.
To continue moving with developments in technology, Iver C. Weilbach & Co. A/S made the decision to change direction to become a maritime software company and purchased UK software development company, CherSoft Ltd, in November 2017.
In 2019, the company updated the name to Weilbach A/S and relocated to a new, modern office in Lyngby in order to better reflect and support its development and services.
Weilbach A/S continues to take the company forward by developing the WENDIS family of digital products to enhance maritime safety and make life easier on board.