Manta

What Manta does

PxGeo is a subsea solutions company that delivers marine seismic data acquisition services and autonomous underwater vehicle (AUV) campaigns for major oil and gas clients globally. The company operates across two core service lines: Seismic Solutions, encompassing Ocean Bottom Node (OBN), Towed Streamer, and Hybrid acquisition surveys designed around client geology and project objectives; and AUV Solutions, delivered via a fleet of 11 Saab Sabertooth vehicles — described as one of the largest commercial AUV fleets in the industry. PxGeo also maintains 30,000 deep water nodes for OBN deployment and acquired 26,000 sq km of OBN survey area in 2025, signaling meaningful share of the global offshore acquisition market.

The underlying technology stack combines commercial off-the-shelf platforms (Saab Sabertooth AUVs) with proprietary in-house development through the Manta Technology division — a registered brand and the company's R&D engine for survey efficiency, data quality, and operational safety. PxGeo's competitive advantage is built on decades of operational experience across every major offshore basin, enabling tailored survey design for complex geology, full azimuth imaging, and reservoir development applications.

PxGeo generates revenue through project-based enterprise contracts with major energy companies (Petrobras, Equinor) under professional services and managed services models, with supplementary potential from technology licensing. Go-to-market is direct enterprise field sales, consultative and bespoke, anchored by multi-year framework agreements and individual survey contracts. The company maintains a global operational footprint with no disclosed SMB or distributed customer segment, indicating a high-concentration enterprise revenue profile tied to oil and gas exploration and production capex cycles.

Name

Manta

Website

https://mantasystems.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

PxGeo is a subsea solutions company delivering marine seismic acquisition services and autonomous underwater vehicle campaigns to major oil and gas clients globally, operating one of the largest commercial AUV fleets with proprietary Manta technology.

Ownership category

akta.pro rank

Product category

Marine Geophysical and Subsea Survey Services

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Unmanned Underwater Vehicle (UUV) & Autonomous Submersible Manufacturing (IMAJAOAC)

akta.pro secondary industries

Unmanned Underwater Vehicles (UUV) & Autonomous Subsea Platforms (IMABAIAF), Maritime Unmanned Systems (USV/UUV) & Control Stations (IMABAKAJ), Marine & Underwater Robotics (USVs/UUVs) (HDAAAIAH)

Keywords

• Subsea seismic acquisition
• Autonomous underwater vehicles
• Marine geophysical surveys
• Ocean bottom node acquisition
• Offshore survey services

Headquarters

HQ city

Not specified

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Seismic Acquisition Services: Marine seismic data acquisition across Ocean Bottom Node (OBN), Towed Streamer, and Hybrid surveys. Revenue generated through project-based contracts with energy companies for survey execution.
2. AUV Solutions: Autonomous underwater vehicle services using the Saab Sabertooth fleet. Provides subsea campaign capabilities, asset inspection, and autonomous missions for energy clients.
3. Manta Technology: Proprietary technology division developing specialized solutions for subsea operations, seismic acquisition efficiency, and autonomous underwater missions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Manta is the proprietary technology division of PxGeo that develops and delivers marine seismic acquisition and autonomous underwater vehicle (AUV) solutions for energy companies. It combines in-house developed Manta technology with a fleet of 11 Saab Sabertooth AUVs and 30,000 deep water nodes to provide Ocean Bottom Node (OBN), Towed Streamer and Hybrid seismic surveys and subsea mission services across every major basin.

Product overview

PxGeo is a subsea solutions company offering a unified portfolio of marine seismic acquisition services and autonomous underwater solutions. The core offering consists of Seismic Solutions (encompassing Ocean Bottom Node, Towed Streamer, and Hybrid acquisition) and AUV Solutions (using Saab Sabertooth vehicles). These services are powered by Manta Technology, the company's proprietary technology division that develops in-house solutions. The company operates one of the largest commercial AUV fleets and maintains 30,000 deep water nodes, with 11 Sabertooth AUVs available. In 2025, the company acquired 26,000 OBN square kilometers.

Differentiator

Problem solved

Functional benefit

Brands

• Manta: Proprietary technology division of PxGeo. Manta technology is used for seismic survey operations and is described as delivering surveys faster, more reliably, and with a smaller environmental footprint than conventional approaches.

Products and services

• Seismic Solutions Marine seismic data acquisition across Ocean Bottom Node (OBN), Towed Streamer and Hybrid surveys, designed around client geology, timeline and project objectives. Uses Manta's proprietary technology to deliver surveys more efficiently for complex geology, full azimuth imaging and reservoir development.
• AUV Solutions Autonomous underwater solutions using a large fleet of Saab Sabertooth vehicles, providing consistent asset availability, rapid mobilisation and reduced risk and cost for subsea missions. Best suited for complex geology, full azimuth imaging and reservoir development applications.

Quantifiable outcome

• 26,000 sq km OBN acquired in 2025
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• EquinorcoreStrategic or Co-development Partner · 10 June 2026PxGeo signed a framework agreement with Equinor for advanced Sabertooth testing. This partnership focuses on testing and advancing the capabilities of Saab Sabertooth AUVs in Equinor's operational contexts, demonstrating technology validation with a major energy company.
• SaabcoreTechnology or Integration · 10 June 2026PxGeo operates one of the largest commercial AUV fleets using Saab Sabertooth vehicles, described as 'one of the most capable AUV available.' The partnership provides the AUV platform technology for autonomous subsea campaigns.
• PetrobrascoreStrategic or Co-development Partner · 17 November 2025PxGeo secured two OBN seismic acquisition contracts with Petrobras, one of Brazil's largest oil and gas companies. The contracts involve ocean bottom node survey acquisition in Brazilian waters.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• TGS: TGS provides multi-client and bespoke marine seismic data, including OBN acquisition services, to the upstream oil and gas industry. It overlaps directly with PxGeo's seismic acquisition offerings targeting reservoir development and complex geology.
• CGG: CGG is a global geoscience company offering marine seismic acquisition, OBN, and subsurface imaging services. It is a direct competitor in marine seismic acquisition for IOC and NOC clients.
• PGS (Petroleum Geo-Services): PGS is a leading marine seismic acquisition company offering towed streamer and OBN surveys with a large fleet of vessels and nodes. It directly competes with PxGeo in ocean bottom node and towed streamer acquisition for offshore oil and gas customers.
• Shearwater GeoServices: Shearwater is a pure-play marine seismic acquisition company operating a fleet of modern vessels and OBN capabilities. It directly competes with PxGeo in towed streamer and OBN survey contracts for energy companies.
• Fugro: Fugro provides offshore site characterization, geophysical surveys, and AUV-based subsea services for oil and gas, offshore wind, and infrastructure. It competes with PxGeo's AUV Solutions line and shares the same offshore survey delivery model.

Others

• Saab (Seaeye / Sabertooth): Saab manufactures the Sabertooth AUV platform used by PxGeo. As a key technology partner and supplier, it is an adjacent ecosystem player whose product roadmap directly affects PxGeo's service capability.
• Kongsberg Maritime: Kongsberg Maritime supplies AUV platforms (HUGIN family), vessel positioning, and subsea acoustic systems used by seismic and survey operators. It is an enabling technology provider comparable to PxGeo's relationship with Saab for AUV hardware.

Regional players

• DOF Group: DOF Group operates a global fleet of subsea vessels supporting offshore survey, inspection, and IMR campaigns. While primarily a vessel operator, it is a regional-adjacent peer in the offshore subsea services ecosystem that often co-delivers OBN and AUV surveys.

Broad incumbents

• WesternGeco (Schlumberger): WesternGeco, part of SLB, is the largest integrated marine seismic acquisition provider with global vessel and OBN capacity. It overlaps with PxGeo's offerings but operates as a broad incumbent within a much larger full-field services portfolio.

Emerging players

• Ocean Infinity: Ocean Infinity operates large fleets of unmanned surface and underwater vehicles for marine geophysical survey and subsea inspection. Its Armada fleet of robotic vessels emerging into the offshore survey market creates overlapping capability with PxGeo's AUV-led offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/manta-systems-ab

Revenue estimate

Valuation estimate

Number of profiles

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 Manta