HOUSTON TX, April 2019 – Kinetic Pressure Control has completed another Closed Cap funding round. The funds have been raised from existing investors and will support commercialization of the Kinetic Blowout Stopper (K-BOS) as well as support the conceptual design and patent processing for a complimentary array of revolutionary technologies and services for the well control industry.
“This round of funding gives Kinetic the resources required to commercialize the K-BOS and grow our team. We’re reimagining well control, reducing enterprise risk for Operators, and working to protect and strengthen our industry’s social license to operate,” said Bobby Gallagher, CEO and Co-Founder of Kinetic.
About Kinetic Pressure Control
Kinetic Pressure Control is a leading well control technology company that designs and manufactures innovative wellhead and pressure control equipment and services. Kinetic’s mission is to protect the Oil and Gas industry’s social license to operate. Learn more about Kinetic Pressure Control Limited and their K-BOS technology at www.shearanything.com
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