COMPANY
Geospace Technologies Corporation is a technology-driven, market-leading provider of vibrational technology solutions that deliver situational awareness for energy exploration, security and surveillance, and industrial Internet-of-Things 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.
Company History
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.
Leadership Team
Our people are critical to the sustainable success of Geospace. We’re a company of solution-minded engineers, real-time algorithmic trailblazers, and robust industrial manufacturers dedicated to creating smarter, socially relevant products that deliver a safer, more connected world.
Meet the executive team responsible for leading our talented teams across the globe.
Richard Kelley
President & Chief Executive Officer
R. Todd Bushey
Senior Vice President & Chief Technology Officer
Robert Curda
Vice President & Chief Financial Officer
Gene Gradick, Jr.
Senior Vice President, Sales & Marketing
Robbin Adams
Senior Vice President, Engineering
David Witt
Senior Vice President, Information Technology
Caroline Kempf
Vice President, Global Marketing
Jorgen Skjott
Vice President, Oil & Gas Sales
Ken Nesteroff
Director, Smart Water, Intelligent Industrial
Lance Heap
Vice President, EXILE Technologies
Loretta Bazan
Director, Health, Safety, & Environmental
Alisha Betancourt
Director, Supply Chain
Nathan Gall
Director, Manufacturing
Annette Seiber
Director, Human Resources
Mercy Thomas
Manager, Corporate Quality
About Our Subsidiary Companies
QUANTUM TECHNOLOGY SCIENCES
Quantum Technology Sciences designs and sells tactical security and surveillance solutions to safeguard highly valued assets, critical infrastructure, borders, and perimeters. Since its inception in 1991, Quantum has provided valuable geophysical sensing technologies to serve various U.S. government missions to include DoD, DHS, DoE, and other agencies. Quantum operates as a wholly owned subsidiary of Geospace Technologies. The company is headquartered in Melbourne, Florida.
EXILE TECHNOLOGIES
In the commercial graphics industry, professional-quality image output demands precision equipment and accessories manufactured under rigorous, quality-controlled conditions. Our graphics business segment of Geospace Technologies Corporation manufactures and sells electronic prepress and digital graphic imaging products, as well as film, ink, and other consumables to an array of printing industry sectors. These sectors include, but are not limited to, screenprinting, flexographic printing, signage, textiles, and seismic peripheral plotters. This business segment is also involved in the development and sale of wide-format thermal printheads for a number of thermal printer manufacturers. The products that target these markets range in width from 12 to 54 inches wide and in a variety of resolutions ranging from 200 to 1,200 dpi.
AQUANA, LLC
Aquana’s premier Internet of Things (IoT) platform offers multifunctional, modular, and enterprise ready solutions serving the rapidly growing water utility and property management markets. The Company’s water management solutions deliver remote shut-off value control, remote AMI meter reading, as well as leak and burst protection for multi-family properties, commercial buildings, and utilities. Aquana combines connected smart valve hardware with cloud-based software in a Software as a Service (SaaS) recurring revenue model. Aquana operates as a wholly owned subsidiary of Geospace Technologies.