Geophysical Technology has filed a notice of an exempt offering of securities to raise $10,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Geophysical Technology is raising $10,000,000.00 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/
Contact:
Richard Degner, President and Chief Executive Officer
713-893-5655
https://www.linkedin.com/in/richard-degner-6503b17a/
SOURCE: http://www.intelligence360.io
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