AdBm Technologies
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AdBm Technologies - overview
Established
2013
Location
Austin, TX, US
Primary Industry
Business Support Services
About
AdBm Technologies is focused on developing and deploying patented underwater noise mitigation systems to minimize industrial noise pollution in aquatic environments, catering to various marine industry clients. Founded in 2013 in Austin, US, AdBm Technologies specializes in the creation of noise mitigation systems for underwater environments. The company has successfully completed three deals, with its most recent funding round being a Series A of USD 1. 3 mn led by Central Texas Angel Network on October 3, 2014, which included other investors such as Green Park & Golf Ventures and North Texas Angel.
The CEO, Mark Wochner, has been instrumental in guiding the company's trajectory since its inception. AdBm Technologies specializes in the development and deployment of a patented underwater noise mitigation system, primarily designed to reduce industrial noise pollution in aquatic environments. The core product, known as the AdBm Noise Mitigation System, offers customizable solutions that are fast to deploy and easy to operate, serving as a reliable tool for various clients operating in marine industries. The system is engineered to function effectively at depths exceeding 100 meters and tailored to abate low-frequency sounds below 50 Hz, thereby minimizing environmental impact during industrial operations.
The company caters to a diverse client base, including industrial firms engaged in maritime construction and offshore resource extraction, primarily within markets such as North America, Europe, and parts of Asia. By providing a system that not only meets local content requirements through adaptable manufacturing processes but also emphasizes environmental stewardship, AdBm positions itself as a leader in sustainable industrial practices. AdBm Technologies generates revenue through direct sales and partnerships with companies seeking effective noise abatement solutions. The business model is structured around B2B transactions, where clients engage in contractual agreements for the deployment of the AdBm Noise Mitigation System on various projects.
These transactions typically involve a one-time purchase of the system along with potential ongoing support and maintenance services tailored to specific client needs. The pricing structure is aligned with the complexity and customization requirements of each deployment, ensuring that clients receive a solution that fits their operational parameters. The flagship AdBm Noise Mitigation System serves as the cornerstone of the company's revenue stream, reinforcing its commitment to providing innovative and effective noise reduction technologies while fostering long-term relationships within its target industries. AdBm Technologies plans to utilize the USD 1.
3 mn raised in its Series A funding to enhance its product offerings and expand into new geographic markets. Future products are currently under development, aimed at further optimizing noise abatement capabilities and expected to launch within the next two years. The company is targeting expansion into the Asian market, specifically Japan and South Korea, by 2025, to establish a stronger presence in the region. This strategic initiative aligns with their ongoing commitment to addressing industrial noise challenges globally.
Current Investors
Austin Technology Incubator, North Texas Angel, The Houston Angel Network
Primary Industry
Business Support Services
Sub Industries
Engineering
Website
www.adbmtech.com
Company Stage
Series A
Total Amount Raised
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