COREteQ Systems Limited
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COREteQ Systems Limited - overview
Established
2014
Location
Frimley, -, UK
Primary Industry
Oil & Gas
About
Founded in 2015 in Frimley, UK, COREteQ Systems Limited is a manufacturer of electric motors, generators, and transformers for aerospace and energy sectors. In August 2021, Halliburton acquired a majority stake in COREteQ Systems Limited from Equinor Ventures. COREteQ Systems Limited Developing next-generation Permanent Magnet Motor (PMM) systems that exceed the performance and run life of current systems. The company engages in next-generation permanent magnet motors, seal section protectors, cables, and cable terminations.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Power Generation Equipment & Services
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
COREteQ Systems Limited - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|
| Revenue (USD) | 53,276 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (379,182) | - | - | - |
| Operating Income (USD) | (429,200) | - | - | - |
| Operating Margin | (805.6%) | - | - | - |
| % EBITDA Margin | (711.7%) | - | - | - |
| NET Income (USD) | (453,625) | - | - | - |
| % Net Margin | (851.5%) | - | - | - |
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