Geospace Technologies Acquires GeoVox Security (Heartbeat Detector Technology)
August 4, 2025
Geospace Technologies Corporation (NASDAQ: GEOS) acquired 100% of the outstanding shares of GeoVox Security, Inc., the company that commercialized Oak Ridge National Laboratory’s Heartbeat Detector technology, effective July 31, 2025. The purchase brings a portable heartbeat-detection security product into Geospace’s Intelligent Industrial/perimeter security portfolio and positions the company to offer the product on a subscription (recurring revenue) basis to corrections, border and other government customers.
- Buyers
- Geospace Technologies Corporation
- Targets
- GeoVox Security, Inc.
- Sellers
- GeoVox Security, Inc.
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Buyout
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