Boulder emissions testing firm bought by ChampionX

BOULDER — Scientific Aviation Inc., which provides aerial methane emissions testing, has been acquired by Texas-based ChampionX Corp. (Nasdaq: CHS).

Terms of the deal were not disclosed. 

“We are excited about the future growth potential as we combine Scientific Aviation’s industry leading methane emissions detection and monitoring solutions with our extensive expertise and presence in upstream production well sites and midstream solutions,” ChampionX CEO  Sivasankaran Somasundaram said in a prepared statement. 

Scientific Aviation was founded about a decade ago by atmospheric scientist Stephen Conley.

“By combining our methane detection technology with ChampionX’s artificial intelligence predictive failure algorithms and extensive network of field technicians, this partnership will help upstream and midstream operators further enhance their environmental stewardship practices and make progress toward the goal of meaningfully reducing global methane emissions,” Conley said in a statement.

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