SynMax Funding Round

1/9/2024

Venture Equity

$13,000,000

Undisclosed

The company intends to use the funds to further accelerate growth in its innovative products, including Theia, Hyperion, Vulcan, and Leviaton: Theia, a maritime intelligence product, processes millions of square kilometers of over-ocean satellite imagery daily to detect, identify, and track dark vessels, enhancing maritime security and oversight. Hyperion is an oil and gas intelligence platform, which leverages satellite imagery to monitor rigs, frac crews, well completions, and provides oil and gas. Vulcan, a coal inventory tracking solution, utilizes satellite photogrammetry to monitor coal inventory levels at 100 US coal power plants. Leviaton is an LNG maritime intelligence platform that employs AI and dark ship intelligence for precise predictions of global LNG flows.

Private & Independent

Communications

777 N Eldridge Parkway 890
Houston, TX 77079
USA

SynMax is a satellite data analytics company which specializes in the use of commercial satellite images to find and monitor oil and gas assets and provide maritime intelligence data. SynMax -- Hyperion is the world's only near real-time frac crew monitor which makes daily observations of frac activity in every major oil and gas play in the US.