Profile: Bolt Technology Corp (BOLT.OQ)
Bolt Technology Corporation consists of four operating units, such as Bolt Technology Corporation, A-G Geophysical Products, Inc., Real Time Systems Inc. and SeaBotix Inc. The Company operates in four segments: seismic energy sources reportable segment (Bolt), underwater cables and connectors reportable segment (A-G), seismic energy source controllers reportable segment (RTS) and underwater robotic vehicles segment (SBX). The Company’s Bolt, A-G and RTS products are used in marine seismic exploration surveys to acquire seismic data. Bolt develops, manufactures and sells marine seismic energy sources (air guns) and replacement parts. A-G develops, manufactures and sells underwater cables, connectors, hydrophones, depth and pressure transducers and seismic source monitoring systems. RTS develops, manufactures and sells air gun controllers/synchronizers, data loggers and auxiliary equipment. SBX develops, manufactures and sells underwater remotely operated robotic vehicles.
Seismic Energy Sources
Seismic energy sources, such as its air guns, used in seismic exploration create acoustic waves at frequencies that readily travel to great depths in the ocean bed. The Company sells marine air guns that create acoustic waves that penetrate the ocean bed. Certain marine air guns are designed to maximize the period between routine air gun maintenance while other marine air guns are designed to acoustic output through a configuration that permits the implementation of simplified multi-gun arrays. In addition to marine air guns, the Company manufactures and sells air guns for specific applications, such as for use in existing wells. A seismic exploration vessel may tow as many as 96 air guns to generate the desired level of acoustic waves for a particular seismic survey.
Underwater Cables and Connectors
The Company’s marine cables and connectors provide the link from the air gun to the seismic exploration vessel. They are injection molded of thermoplastic polyurethane designed for use with marine air gun firing lines, bulkhead connectors and other underwater connectors required in seismic vessel operations. The Company also develops, manufactures and sells hydrophones, and depth and pressure transducers for use with marine air guns in a high shock environment. The purpose of the hydrophone and depth and pressure transducers is to provide near field measurements of the outgoing energy waveforms from marine air guns and pressure monitoring. The Company’s hydrophones and depth and pressure transducers relay critical data from the field near the air gun to the seismic vessel. The Company also develops and manufactures seismic source monitoring systems, used to measure air gun depth, air pressure, and near field energy output for each gun array and to provide high pressure air flow control. The Company’s cables and connectors, hydrophones and transducers, and seismic source monitoring systems, are used with air guns manufactured by the Company, as well as air guns manufactured and sold by others.
Seismic Energy Source Controllers
This segment develops, manufactures and sells controllers and synchronizers, including data loggers and auxiliary equipment, for seismic energy sources (air guns). The Company’s seismic energy source controllers control and synchronize up to 96 air guns in a single seismic exploration vessel. Its seismic energy source controllers and synchronizers are used with air guns manufactured by the Company, as well as air guns manufactured and sold by others.
Underwater Robotic Vehicles
The SBX is a manufacturer of mini underwater remotely operated vehicles (ROV), including the little benthic vehicle (BV) and the vectored little benthic vehicle (vLBV). These ROVs can perform a multitude of tasks, including maritime security, search and recovery, hull and pipeline inspection, hazardous environment intervention, aquaculture, and oceanographic research. Depth rated down to 4,000 meters, the LBV and the vLBV can be fitted with a variety of accessories, including sonar, high definition cameras, scaling lasers, a crawler system, water quality instruments, a tether management system, a launch and recovery system, and Work-Class ROV fly-outs. SBX customer groups include the defense industry, federal, state and local governmental units, fire and rescue organizations and educational institutions.
The Company competes with Sercel Inc., ION Geophysical Corporation, Mitcham Industries, Inc., VideoRay LLC and Saab Seaeye Limited.
Bolt Technology Corp
FOUR DUKE PL
NORWALK CT 06854