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SOFTWARE (NON-INTERNET/MOBILE)
axxispetro.com

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Founded Year

1991

Stage

Series C | Alive

Total Raised

$2M

About Axxis

Axxis is a Software (non-internet/mobile) company based in St. Paul, Minnesota. Axxis' investors include Zero Stage Capital and Internet Capital Group.

Axxis Headquarter Location

1295 Bandana Boulevard Suite 120

Saint Paul, Minnesota, 55108,

United States

651-644-8280

Latest Axxis News

Axxis Geo Solutions to Sell Neptune Naiad Vessel to Sanco

May 7, 2021

Neptune Naiad - Credit: Len Duevel/MarineTraffic.com Norwegian ocean bottom node seismic services firm Axxis Geo Solutions has agreed to sell its Neptune Naiad seismic research vessel to Sanco. Axxis has agreed to sell the vessel following a May 3 decision by the District Court of Asker and Bærum to confirm the reconstruction proposal, which was approved by the required majority of Axxis' creditors on April 29, 2021. "The company has today entered into an agreement with [Sanco] regarding the sale of the vessel "Neptune Naiad" including certain equipment, to Sanco," Axxis said. Also, Axxis said that its subsidiary Axxis Production had entered into a time charter party for "Sanco Star." Axxis will use the vessel in connection with the contract with an international energy company for an Ocean Bottom Node (OBN) survey first announced in November 2020. Axxis at the time said that the one-month contract was for work in the North Sea in Q2 2021. The company further said that the completion of the Neptune Naiad sale and the charter of Sanco Star were conditional upon, inter alia, the decision by the District Court of Asker and Bærum becoming legally binding. The decision by the District Court of Asker and Bærum to confirm debt restructuring proposal is subject to an appeal period, which expires June 3, when it will become legally binding, subject to no appeals made.

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Axxis Patents

Axxis has filed 1 patent.

The 3 most popular patent topics include:

  • Acoustics
  • Fluid dynamics
  • Geophysics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/1/2018

Acoustics, Seismology, Seismology measurement, Geophysics, Fluid dynamics

Application

Application Date

6/1/2018

Grant Date

Title

Related Topics

Acoustics, Seismology, Seismology measurement, Geophysics, Fluid dynamics

Status

Application

Axxis Web Traffic

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Page Views per Million (PVPM)
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