New generation of multichannel resistivity meters (Syscal Terra), Naga Geophysics (France). © IRIS Instrument
The BRGM Group
IRIS Instruments : 2024 beats the record set in 2023!
After an exceptional year in 2023, IRIS Instruments’ activity intensified further in 2024, reaching a new record turnover (€8.6M). The marketing of new equipment made a significant contribution to the increase in sales. The way innovations were rapidly adopted by loyal customers and new users alike confirmed the relevance of the solutions developed by the company.
Against this backdrop, extension work has been launched to strengthen industrial and logistical infrastructures and guarantee that our production capacity keeps pace with the demand. The first phase was completed in 2024, with completion of the new premises scheduled for the end of 2025.
As in previous years, IRIS Instruments has maintained a strong international presence, with sales in more than 50 countries on five continents, and significant growth in Asia and the Middle East. In order to offer the best possible service to its international customers, the company relies on a network of representatives trained in first-level repairs, who provide local, prompt interventions. IRIS Instruments’ geophysicists and electronics engineers, based in France, are on hand to provide expert technical support.
R&D remains a strategic fundamental of the company, enabling it to stay one step ahead in terms of innovation. The new functions developed offer users productivity gains in the field, while optimising the quality of the data collected.
In 2024, sales were divided equally between mineral exploration, the environment and groundwater research. In the first market, IRIS Instruments recorded sustained growth, despite a slowdown in investments in several regions of the world. One of the highlights of the year was the commissioning of the two-by-two coupling of the TIP12 high-power transmitters (12 kilowatts, 3,000V). This unique device, which is also available in 6 and 3.2 kilowatt versions, is transportable and guarantees automatic current and voltage regulation.
Two other products have strengthened IRIS Instruments’ position in their respective segments. FullWavers, unitary resistivity and induced polarisation receivers that can acquire data in long profiles or blocks in three dimensions, were a great success in 2024. And Syscal resistivity meters, all ranges combined, including the new Syscal Terra version, were particularly in demand, for a variety of applications ranging from groundwater research and cavity detection to pollution monitoring and archaeology.
These are all illustrations of IRIS Instruments’ ongoing research and innovation efforts in the face of growing environmental and societal challenges.
CEO: Catherine Truffert
Turnover: €8.603M
BRGM Invest holds: 51%
OYO holds: 49%
A workforce of: 25 (including 1 apprentice)