Qteq Blog

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Prospect Group Acquisition

Updated: Mar 3

We are proud to announce that Qteq Pty Ltd has completed the acquisition of Queensland based Prospect Group Pty Ltd (including Prospect Environmental).

Through the acquisition, we have added significant surface environmental and crisis monitoring capabilities to our existing near surface and subsurface product offering.

As such, Qteq now boasts substantially expanded environmental monitoring services to its client base, using the latest sensor and cloud-based technologies.

We aim to further enhance Prospect’s excellent product and service portfolio by applying our tried and tested “Economic Innovations” approach.

Our long-held vision of automating environmental stewardship through the integration of sensors, data models, advanced software and machine learning, is becoming a reality.

Read how the acquisition is perceived by Prospect and Qteq in the full Press Release.

#Acquisitions #Environment #OilandGas

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