Geospace Technologies Corporation announced the acquisition of Heartbeat Detector®, a security technology developed by Oak Ridge National Laboratory (ORNL). Effective July 31, 2025, Geospace acquired all outstanding shares from GeoVox Security, Inc., which initially licensed the technology from ORNL. The Heartbeat Detector® utilizes a proprietary algorithm to detect individuals hiding in vehicles at security checkpoints. This acquisition aligns with Geospace's strategic growth plan and aims to enhance its perimeter security offerings. The technology will be offered on a subscription basis to streamline acquisition and foster recurring revenue.
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