IRIS Instruments: 2023, a year of record achievement

The very positive results for 2023 confirm the company's choice of long-term strategy, which in recent years has led to a significant increase in stocks of electronic components and other raw materials. This initiative aims to secure supply chains and better meet customer needs. IRIS Instruments is more than ever committed to ensuring that its products are robust and can be repaired. As part of its Corporate Social Responsibility (CSR) approach, these decisions, despite their heavy financial implications, keep IRIS Instruments in step with the times.

Backed by in-house electronics research and development, IRIS products are achieved through know-how acquired over decades. Technicians and engineers with varied and complementary skills are an exceptional asset that gives IRIS a unique strategic agility and adequate means to innovate.

IRIS equipment is distributed in more than fifty countries on five continents through a network of dedicated representatives. Local representatives, who account for half of global sales, are trained in the use of new products, and some of them are also trained in first-level repairs.

The mineral exploration, environment and groundwater research markets received equal attention.

In the field of mining exploration, a noteworthy event in 2023 was the launch of the TIP12, a unique, high-power (12 kilowatts), current- and voltage-regulated transmitter. This instrument follows on from its predecessor, the TIP6 (6 kilowatts), which can also be used with the ELREC and FULLWAVERS electrical resistivity and induced polarisation recorders used for investigations at depths of up to one kilometre. Despite market reluctance to invest in the mining sector, mining exploration accounted for a third of IRIS sales, with almost a quarter attributed to the new TIP6 and TIP12 transmitters.

SYSCAL resistivity meters continued to dominate the interconnected water research and environmental markets, with the addition of proton magnetic resonance for groundwater prospecting.

IRIS Instruments' success is due to its teams and partners who work daily to meet customers' challenges. In 2023, the number of training sessions led by IRIS geophysicists at its customers' sites exceeded that prior to the COVID crisis.

Faced with the magnitude of environmental and societal challenges, IRIS Instruments continues to pursue its research and innovation activities to meet emerging needs in imaging and time-series monitoring of the subsurface.

In 2023, research and development projects such as MEGAMU, involving the Institut de Physique des deux infinis in Lyon, IPGP, GEG Experts, the University of Geneva and Géosciences Rennes, have strengthened IRIS Instruments' position in the geothermal exploration market.

Demonstrating its commitment to quality and continuous improvement, IRIS is proud to announce the renewal of its ISO 9001 version 2015 certification in 2023.

Training on a SYSCAL PRO in Angola on behalf of GEOLANDER. © IRIS Instruments