Multi-Power

What Multi-Power does

Multi-Power Products Ltd. is a privately held Canadian manufacturer of exploration, geotechnical, and mining drilling equipment, founded in 1984 by Tom Ulm and headquartered in Kelowna, British Columbia. The company designs, engineers, fabricates, and services a full portfolio of drilling rigs and ancillary equipment — including diamond core drills (Discovery II, Titan, Discovery HD, MP500, MP1000, underground variants), air rotary and RC/RAB drills (Scout, Prospector I/II, Hornet, Explorer, Grasshopper), seismic drills (C22/25), sonic and limited-access geotechnical rigs (Multi-Sonic MS-75, L.A.D.), large-diameter top drives (MPP 100K and 50K), tracked carriers (Scout), and a proprietary Paramount Portable Centrifuge System that reduces diamond drill water consumption by up to 90% through closed-loop fluid recycling. Core technology is mechanical and hydraulic/pneumatic, using components sourced from Sauer Danfoss, Parker, Sun, and Brevini, with equipment engineered for modularity and helicopter-portability to access remote exploration sites.

The company operates from a 40,000 sq ft manufacturing and service facility and runs a $300,000 inventory of hydraulic and pneumatic components as a stocking distributor for Parker Hannifin, MP Filtri, Hydac, SMC Pneumatics, and Enerpac. Revenue is generated primarily through hardware sales of drilling rigs and components, complemented by service and repair work (in-shop and on-site), custom design and fabrication, and a sale/lease model on the Paramount Centrifuge. Go-to-market is direct sales to enterprise customers — mining and exploration companies, geotechnical and environmental contractors, oil and gas exploration firms, construction firms, and forestry operators — supported by participation in industry events (PDAC, AME BC Roundup, KEG, Congreso Minero Sonora), an in-house engineering team using 3D modeling for custom builds, and 24/7/365 worldwide service support. Customer base spans Canada, Mexico, Ecuador, Peru, and Côte d'Ivoire, with named enterprise accounts including Paycore Enterprises, Corepro, Servicios Perforación, Superior Diamond Drilling, and Hubbard Drilling Services.

Commercially, Multi-Power supplements its equipment business with the 500T Reforestation Initiative, a partnership with One Tree Planted that plants 500 trees for every drill sold. Pricing is quote-based and not publicly disclosed. The company remains founder-led under President Tom Ulm, with no disclosed external institutional investors, no subsidiaries, and no M&A activity on record.

Name

Multi-Power

Legal name

Multi-Power Products Ltd.

Website

https://multipowerproducts.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Multi-Power Products Ltd. is a privately held Canadian manufacturer founded in 1984 in Kelowna, BC, designing and building helicopter-portable and track-mounted diamond core, air rotary, sonic, and seismic drilling rigs, plus the Paramount fluid-recycling centrifuge, for mineral exploration, geotechnical, oil and gas, and construction customers worldwide.

Ownership category

akta.pro rank

Product category

Exploration Drilling Equipment

NAICS

Mining and Oil and Gas Field Machinery Manufacturing (33313), Oil and Gas Field Machinery and Equipment Manufacturing (333132), Pump and Compressor Manufacturing (33391)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530), Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Rock Drilling & Blasthole Drilling Equipment (IMAHAMAC)

akta.pro secondary industries

Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses) (TLAKAHAI), Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG), Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)

Keywords

• Exploration drilling equipment
• Diamond core drills
• Air rotary drills
• Geotechnical drilling rigs
• Drilling equipment manufacturing

Headquarters

HQ city

Kelowna

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Drilling Equipment Manufacturing: Manufacture and sale of exploration drilling equipment including diamond core drills, air rotary drills, geotechnical drills, seismic drills, and tracked carriers. Equipment ranges from helicopter-portable to heavy-duty track-mounted rigs.
2. Components and Parts Sales: Distribution of hydraulic and pneumatic components including Parker Hannifin, MP Filtri, Hydac, SMC Pneumatics, and Enerpac products with over $300,000 in stock inventory.
3. Service and Repairs: Repair services for hydraulic components including pumps, motors, valves, and cylinders. Provides both in-shop and on-site service with fully equipped service truck.
4. Custom Design and Fabrication: Engineering and fabrication services for custom drilling solutions and industrial equipment, utilizing 3D modeling and interactive design approach.
5. Paramount Centrifuge Lease: The Paramount Portable Centrifuge System is available for both sale and lease both locally and internationally.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

Multi-Power Products Ltd. designs, manufactures, and sells exploration, geotechnical, and mining drilling equipment including diamond core drills, air rotary drills, seismic drills, sonic drills, auger drills, tracked carriers, large-diameter top drives, and the Paramount Portable Centrifuge fluid-recycling system. The company also distributes hydraulic and pneumatic components and provides design, fabrication, machine-shop, and repair services from a 40,000 square foot facility in Kelowna, BC. Customers include mineral exploration, geotechnical, oil and gas, construction, and forestry companies worldwide.

Product overview

Multi-Power Products Ltd. is a Canadian manufacturer of exploration and geotechnical drilling equipment headquartered in Kelowna, BC. The company offers a comprehensive portfolio of drilling solutions organized into two main categories: core products and services. Core products include Diamond Core Drills (Discovery II, Titan, Titan HD, Discovery HD, MP500, MP1000, Discovery I, Pioneer II, and underground models), Air Rotary Drills (Scout, Explorer, Prospector I, Prospector II, Geopower, Hornet, Grasshopper), the Paramount Portable Centrifuge for fluid recycling, Seismic Drills (C22/25), Geotechnical/Auger/Sonic Drills (Multi-Sonic MS-75, L.A.D., Geopower excavator-mounted), Specialty/Multi-Purpose Drills (Pioneer auger), Large Diameter Top Drives (100K & 50K), Drill Rig Components (rotation units, level wind winches, heli-booster, RC drill rods, swivels, rod clamps, casing pullers, grout pumps), Tracked Carriers (Scout Track), and Sampling Equipment (cyclones, sample splitters). Services include Components and Parts distribution (stocking distributor for Parker Hannifin, MP Filtri, Hydac, SMC Pneumatics, Enerpac), Machine and Fabrication, Service and Repairs, and custom Design engineering. The company also operates a 500T Reforestation Initiative partnering with One Tree Planted. All equipment features modular, portable designs optimized for helicopter and remote site access, with manufacturing and service provided from a 40,000 square foot facility.

Differentiator

Problem solved

Functional benefit

Brands

• Paramount Portable Centrifuge: A supremely durable, closed-loop, drilling fluid recycling system that can reduce diamond drill water consumption by up to 90%. Designed and manufactured by Multi-Power Products.
• Multi-Sonic

Products and services

• Diamond Core Drills Full line of helicopter portable, track-mounted, man-portable, skid-mounted, underground, deep hole, and low environmental impact rigs for mineral exploration and geotechnical industries.
• Air Rotary Drills Reverse circulation, RAB, air core, track mounted, helicopter portable, and truck-mounted rigs for mineral exploration, construction and geotechnical industries.
• Paramount Portable Centrifuge Closed-loop drilling fluid recycling system that can reduce diamond drill water consumption by up to 90%. Supremely durable, compact, and modular design for man and helicopter portable applications.
• Seismic Drills Mud and air rotary, rubber track mounted, ROPS certified, low environmental impact rigs for oil and gas exploration industry.
• Geotechnical – Auger & Sonic Drills Compact, rubber tracked rigs designed to complete work on drill sites where access is limited and environmental impact must be kept to a minimum. Includes sonic, auger, and SPT drilling methods.
• Specialty & Multi-Purpose Drills Auger, SPT hammer, large diameter, and custom products for mineral exploration, geotechnical and construction industries.
• Large Diameter Drilling Top Drives and Accessories MPP 100K and 50K RC/RAB Top Drives are high torque rotation units for both reverse circulation and rotary air blast drilling, ideal for large diameter drilling and pilings.
• Drill Rig Components Diamond core rotation units, level wind winches, foot clamps, RC top drives, combination swivels, casing pullers, cyclones, and other components for rig retrofits and new builds.
• Tracked Carriers Steel and rubber-tracked support carriers available in helicopter portable, compact, modular configurations as well as heavy-duty, high capacity units for supporting drilling projects from exploration to production.
• Sampling Equipment Sample splitters (wet and dry), cyclones for sample collection, and discharge cyclones ideal for exploration air rotary drilling.
• Components and Parts Distribution Stocking distributor for Parker Hannifin, MP Filtri, Hydac, SMC Pneumatics, and Enerpac hydraulic and pneumatic components with over $300,000 in inventory.
• Machine and Fabrication Services Fabrication and machining services for OEM drill manufacturing, mining, forestry, agricultural, and construction industries with short lead times and complex fabrication capabilities.
• Service and Repairs
• Custom Design Engineering

Quantifiable outcome

• Reduces diamond drill water consumption by up to 90%
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• One Tree PlantedminorStrategic or Co-development PartnerMulti-Power has partnered with One Tree Planted for their 500T Reforestation Initiative. For every piece of drilling equipment sold, 500 trees are planted through One Tree Planted's global planting locations in North America, Asia, Latin America, and Africa. Customers receive a certificate, project report, and photos of the planting.

Scale indicators6 records

Recent moves6 records

Broad incumbents

• Boart Longyear: Global manufacturer of drilling rigs, tooling and provider of drilling services for exploration and mining, overlapping Multi-Power's equipment offering at far larger scale.
• Epiroc: Major global maker of mining and exploration drilling equipment and rock drills, competing broadly with Multi-Power's mining drilling machinery.
• Sandvik: Diversified global supplier of mining and exploration drill rigs and tools, an incumbent whose portfolio overlaps Multi-Power's drilling equipment category.

Regional players

• Comacchio: Italian manufacturer of geotechnical, exploration and multipurpose drilling rigs; comparable offering but primarily serving European and other markets.
• Fraste: Italian maker of geotechnical, water-well and exploration drilling rigs; similar product category serving predominantly non-North American geographies.

Direct peers

• Hydracore Drills: Canadian (BC) builder of diamond core and man/heli-portable exploration drills, overlapping closely with Multi-Power's portable diamond drill niche and geography.
• Versadrill Canada: Canadian manufacturer of surface and underground diamond core and RC exploration drilling rigs, directly competing with Multi-Power's core product line and customer base.
• Atelier Val-d'Or (AVD): Quebec-based manufacturer of underground and surface exploration diamond drills, competing directly in the same mineral-exploration equipment category.
• Geoprobe Systems: US manufacturer of geotechnical, environmental and sonic drilling rigs, overlapping Multi-Power's limited-access geotechnical and sonic drill lines.
• Sonic Drilling Ltd (Sonic Drill Corporation): BC-based designer and manufacturer of sonic drilling rigs and heads, directly comparable to Multi-Power's Multi-Sonic geotechnical/environmental line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC8fGDFc_MWGOAGzIaRgnvXQ
• Facebookfacebook.com/multipowerproducts
• LinkedInlinkedin.com/company/multi-power-products-ltd/?viewAsMember=true
• Instagraminstagram.com/multipowerproducts/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multi-Power