intelligence360
  • About us
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Geophysical Technology has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Debt Financing.

Geophysical Technology has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Debt Financing.

October 2, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Geophysical Technology is raising up to $20,000,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Richard Degner played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Geophysical Technology
Geophysical Technology, Inc. (GTI) designs, engineers, and manufactures wireless seismic recording technology, ancillary equipment and tools. Our flagship product is the NRU-1C nodal recording unit. The NRU-1C is a highly versatile wireless, autonomous, and continuous nodal recording unit that can be adapted to record in various types of ground surface. The NRU-1C can be outfitted with internal or external geophone, internal and external battery. The PCB cabin used in our nodes can be switched out and placed into any of the GTI form factors to suit clients project needs.

To learn more about Geophysical Technology, visit http://www.geophysicaltechnology.com/
Geophysical Technology Linkedin Page: https://www.linkedin.com/company/geophysical-technology-inc-/

Contact:
Richard Degner, President and Chief Executive Officer
713-893-5655
https://www.linkedin.com/in/richard-degner-6503b17a/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


Venture Capital
3360, Geophysical Technology, Houston, intelligence360, Stafford, Texas, Venture Capital

Post navigation

NEXT
FRNGE dba Fringe has filed a notice of an exempt offering of securities to raise $6,013,157.00 in New Equity Investment.
PREVIOUS
Genome Medical has filed a notice of an exempt offering of securities to raise $75,344,304.00 in New Equity Investment.
Comments are closed.

Categories

Recent Posts

  • Epsilon Industries plans new project in Tuscaloosa, Alabama August 12, 2026
  • Electra plans new project in Springfield, Ohio August 12, 2026
  • BeOne Medicines plans new project in Hopewell, New Jersey August 11, 2026
  • Doncasters plans new project in Auburn, Alabama August 11, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.