Geospace Technologies
Geospace Technologies
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Provider of vibrational technology solutions for energy exploration, security, surveillance & Iot applications.
$800/hr
About Geospace Technologies
Geospace Technologies is a global, publicly-traded design, engineering, and manufacturing company. We work with our clients in diverse industries around the world to provide actionable intelligence for smart water management, energy exploration, security and surveillance, and intelligent industrial applications.
For more than four decades, we’ve set the standard for engineering and manufacturing incredibly robust, hardened geophysical seismic data acquisition systems that perform in the world’s most austere environments. We draw from our engineering and manufacturing knowledge to deliver reliable, cost-effective energy exploration technology solutions in our adjacent markets segment where we serve smart cities, as well as industrial and specialty manufacturing. Through our emerging market segment, we explore how our vibration monitoring technologies will benefit new markets such as security and surveillance.
We own and operate in more than 400,000SF of manufacturing space in the United States. Through our people and resources around the globe, we remain committed to our tradition of innovating unprecedented capabilities to tackle our customers’ toughest scientific and engineering problems.
Description of Services
Consistent technical excellence is a hallmark of Geospace on our mission to serve our customers and their missions.
There are different ways to define what we do. One approach addresses the markets we serve with our technical proficiencies, such as the oil and gas, security and surveillance, specialized industrial manufacturing, and electronic prepress solutions markets. To the markets we serve today and those we seek to serve in the future, we offer decades of experience we’ve cultivated into a set of core capabilities. Our technical core capabilities serve as the foundation for the work we do for our customers every day.
What we do
Vibration Monitoring
Specialized Manufacturing
Electronic Prepress Solutions
Life at Geospace Technologies
Over our multi-decade history, we’ve grown through acquisition and mergers, expanded globally, and become publicly traded. We began when Tokyo-based OYO Corporation entered the North American seismic instrumentation market in 1980. A few years later in 1983, OYO Japan’s North American operations were conducted through a wholly owned holding company, OYO U.S.A. In 1986, OYO U.S.A. acquired the geophone and hydrophone operations of AMF Geo Space Corporation, a leading U.S. manufacturer of geophones. In 1988, these acquired operations and the company’s separate geophone operations merged to form Geo Space Corporation (“Geo Space”), a wholly owned subsidiary of the Company.
By 1994, a subsidiary of OYO U.S.A., OYO Geospace Corporation was created by adding Houston Geophysical Products and the AMF thermal plotter line. The plotter line would be known as OYO Instruments.
Two million shares of the firm’s common stock (NASDAQ: OYOG) went on sale at $14.00 per share on November 20, 1997. In 1998, OYO Geospace Corporation acquired JRC/Concord Technologies Inc. as a wholly owned subsidiary operating as Concord Technologies, specializing in the design and manufacture of marine seismic streamer accessories.
In February 2012, OYO Corporation U.S.A. sold its shares of OYO Geospace Corporation. Effective October 1, 2012, OYO Geospace Corporation changed its name and ticker symbol to Geospace Technologies Corporation (NASDAQ: GEOS). At the same time, OYO Instruments became known as EXILE Technologies.
Growth and diversification continued in 2018 with two acquisitions. In July, the Company acquired Quantum Technology Sciences, a privately held security and surveillance sensing technology company doing business with the U.S. federal government. The Company operates as a wholly owned subsidiary and remains headquartered in Florida. Later that year, the Norwegian company PGS sold its fiber optic permanent reservoir monitoring solution, Optoseis®, to Geospace.