NV5 acquires Geodynamics
The U.S. NV5 Geospatial has acquired the Newport-based Geodynamics, expanding its deepwater and nearshore survey offerings.
The acquisition will see the combination of Geodynamics’ full-ocean depth sonar-based hydrographic and geophysical surveying with NV5 Geospatial’s topographic and bathymetric capabilities.
Geodynamics will operate as a wholly-owned subsidiary of NV5 Global as part of the NV5 Geospatial group.
“This acquisition was a natural evolution toward our common goal of delivering valuable geospatial insights to our clients,” said Kurt Allen, vice president, Federal Vertical for NV5 Geospatial.
“Our decades’ of combined experience and expertise using the most sophisticated technology for data acquisition and analysis will enable us to meet the most demanding client requirements.”
The two parties created a joint venture back in 2019, named MarineGeoSpatial, through which they provided aerial and ship-based remote sensing for offshore/marine survey and data collection, mapping and data analysis, and marine enterprise GIS services.