What Odyssey Fluid Power does

Odyssey Fluid Power is a privately held Canadian drilling-equipment company founded in 2006 and headquartered in North Bay, Ontario, operating from a 14,000 sq ft shop equipped with a state-of-the-art paint booth and welding station. The company serves exploration and production drilling contractors with four integrated service lines: complete drill rig overhauls (covering underground, surface exploration, geotechnical, and production drills), component sales and repairs (aftermarket parts, hydraulic pumps and valves, cylinder and rotation unit overhauls, water pump parts), custom rig design and fabrication, and on-site field repair plus operator and rig mechanic training. Customers send rigs to the North Bay facility and can also engage OFP for global field dispatch, with documented service delivery into Cuba and the broader Caribbean.

The company's proprietary Odyssey Drill Rig (ODR) product line extends it from a pure service shop into a niche OEM, with three differentiated models: the ODR100 (lightweight, convertible from ATV-towing to man-portable for helicopter mobilization, 450m AO depth), the ODR500 (designed for high production and containerizable in a 20ft shipping container, 1100m BO depth), and the ODR1000 (heavy-duty with a universal mounting base adapting to truck, crawler, trailer, or skid configurations, 2000m BO depth). All rigs are designed and manufactured in Canada.

Odyssey Fluid Power operates a sales-led, direct-contact GTM motion (phone +1 705.707.1780, [email protected]) with no disclosed pricing. Revenue is generated through professional services (overhauls, field repair, training), hardware sales (aftermarket parts, components), and one-time equipment sales (ODR rigs). The company is founder-led by Glenn Whyte and has documented decade-plus customer relationships (e.g., Vital Drilling Services) that anchor its revenue base, alongside international mid-market clients (e.g., Heath & Sherwood International Inc.). No funding rounds, institutional investors, or AI/ML capabilities are disclosed.

Name

Odyssey Fluid Power

Legal name

Odyssey Fluid Power

Website

https://odysseyfluidpower.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Odyssey Fluid Power is a Canadian drill rig services company that provides overhauls, component sales, custom rig design and fabrication, and field repair and training for exploration and production drilling contractors, operating from a 14,000 sq ft shop in North Bay, Ontario.

Ownership category

akta.pro rank

Product category

Drilling Equipment Manufacturing and Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313), Fluid Power Pump and Motor Manufacturing (333996)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Drilling & Workover Rigs (Land & Offshore) (EUALABAA)

akta.pro secondary industries

Hydraulic Power Units & Systems (HPUs, Manifolds, Integrated Circuits) (IMAHAGAB), Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses) (TLAKAHAI)

Keywords

• Drill rig overhauls
• Hydraulic component sales
• Drill rig fabrication
• Field rig repair
• Exploration drilling equipment

Headquarters

HQ city

North Bay

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Drill Rig Overhauls: Complete overhaul services for underground and surface exploration drill rigs, including sandblast and paint, engine work, hydraulic system repairs, and component rebuilds.
2. Component Sales: Sales of aftermarket rig parts, hydraulic pumps and valves, cylinder overhauls, rotation unit overhauls, and water pump parts. 2 full lines of hydraulic pumps and valves, 3 full lines of water pump parts.
3. Rig Design and Fabrication: Design and build custom drill rigs (ODR100, ODR500, ODR1000) to highest Canadian standards with international experience backing.
4. Field Repair and Training: On-site field rig maintenance and repair services, plus operator and rig mechanic training for domestic and global clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Odyssey Fluid Power designs and manufactures its own line of Odyssey Drill Rigs (ODR100, ODR500, ODR1000) and provides complete drill rig overhaul services, hydraulic component sales and repairs, custom rig design and fabrication, and on-site field repair and training for exploration and production drilling contractors. All services are performed at a 14,000 sq ft facility in North Bay, Ontario, supported by parts sourcing, cylinder/rotation unit overhauls, and aftermarket rig components.

Product overview

Odyssey Fluid Power is a drill rig service company offering a portfolio of integrated services for the drilling industry. The core offerings include complete drill rig overhauls (covering underground, surface exploration, geotechnical, and production drills), component sales and repairs (hydraulic pumps, cylinders, rotation units, water pumps), and field repair and training services. Additionally, the company designs and manufactures three proprietary drill rig models: the ODR100 (lightweight, portable rig up to 450m depth), ODR500 (mid-range production rig up to 1100m depth, containerizable), and ODR1000 (heavy-duty universal mount rig up to 2000m depth). All services and products are supported by technical documentation. The company operates from a 14,000 sq ft facility in North Bay, Ontario.

Differentiator

Problem solved

Functional benefit

Brands

• Odyssey Drill Rigs (ODR): Company's own line of drill rigs including ODR100, ODR500, and ODR1000 models designed and built in Canada.

Products and services

• Drill Rig Overhauls

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Epiroc: Major OEM of drilling rigs, rock excavation, and mining equipment (spun off from Atlas Copco). Overlaps with OFP in drilling rig manufacturing and parts, but operates at vastly larger scale across the full mining value chain.
• Atlas Copco: Global industrial OEM with extensive drilling and compressor product lines for mining and exploration. Comparable to OFP as a broad equipment supplier and aftermarket service provider, though at significantly larger scale and broader product portfolio.
• Sandvik Mining and Rock Solutions: Division of Sandvik providing drilling rigs, loaders, and rock tools for mining and underground construction. Comparable in OEM drilling equipment and parts, with a global service network serving the same mining customers as OFP.

Emerging players

• Comacchio: Italian manufacturer of specialized drilling rigs for geotechnical, exploration, and foundation applications. Comparable niche OEM competing in portable/specialty drill rigs — directly overlapping OFP's ODR product positioning in the specialty exploration segment.
• Massenza Drilling Rigs: Italian specialist in drilling rigs for water wells, geotechnical, and exploration applications. Comparable niche OEM to OFP, focused on small-to-mid-size drill rig manufacturing with international distribution.
• Bohrtec: German manufacturer of compact, mobile drilling rigs for geotechnical and exploration work. Comparable to OFP's ODR100 in targeting portable/helicopter-mobilizable rigs for hard-to-access sites.

Direct peers

• Boart Longyear: Global drilling services and drilling products OEM serving mineral exploration, geotechnical, and energy customers. Directly comparable to OFP's combination of rig manufacturing (LHS series), aftermarket parts, and contract drilling services for the same exploration customer base.
• Major Drilling Group International: One of the world's largest drilling services contractors for mining and exploration. Comparable as a competitor for the same drilling contractor customers OFP serves, with significant surface and underground exploration drilling capacity globally.
• Foraco: International drilling services company with a strong footprint in emerging markets including Africa and Latin America. Directly comparable to OFP in serving exploration drilling contractors with rigs, parts, and field service support.

Others

• Heath & Sherwood International Inc. Manufacturer of core drill rods and exploration drilling consumables. Listed as an OFP customer and serves the same exploration drilling customer base; adjacent rather than direct competitor due to consumables focus versus OFP's rigs/services focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Odyssey Fluid Power