PxGeo

PxGeo

Subsea seismic surveys with AUV fleet

Overview

PxGeo provides subsea survey services by acquiring seismic data and operating one of the world’s largest fleets of autonomous underwater vehicles (AUVs). Their proprietary Manta technology enhances survey speed, reliability, and environmental footprint, allowing fast, high-quality data collection for offshore projects. Unlike competitors, PxGeo combines extensive field experience in major basins with an in-house AUV fleet and the Manta system to deliver efficient, scalable seismic surveys. The company's goal is to deliver accurate subsea surveys quickly and with minimal environmental impact, supporting offshore exploration and development activities.

About PxGeo

Simplify's Rating
Why PxGeo is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Robotics & Automation

Energy

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Dubai, United Arab Emirates

Founded

2021

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Simplify's Take

What believers are saying

  • PxGeo won two Petrobras OBN contracts in November 2025 for consecutive 2026 work.
  • June 2026 brand refresh signals management confidence and tighter commercial positioning.
  • Equinor signed a June 2026 Sabertooth testing framework, expanding autonomy credibility.

What critics are saying

  • Modus became Manta Systems UK and entered administration in 2025, damaging the subsea bet.
  • Petrobras contracts concentrate revenue on one customer and Brazil execution through 2026.
  • Autonomous subsea integration after the Modus acquisition risks distraction, cost overruns, and missed synergies.

What makes PxGeo unique

  • PxGeo combines MNode OBN seismic acquisition with autonomous subsea robotics.
  • Its 2026 brand unifies seismic and subsea capabilities under one technology platform.
  • Petrobras and Equinor relationships validate specialized offshore execution in complex fields.

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Company News

Offshore Source
Apr 22nd, 2024
PXGEO Acquires Modus for Subsea Expansion

PXGEO is set to enhance its subsea services by acquiring Modus Subsea Services, a leader in autonomous subsea operations and developer of the first UID subsea residency solution. This move aims to combine technological expertise, improving efficiency, reducing risks, and minimizing environmental impact. Modus specializes in using Saab Sabertooth platform for its operations. Financial details of the acquisition were not disclosed.

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