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BOLT TECHNOLOGY, (BTJ) Stock Research Free Stock Rating
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Bolt Technology Corporation engages in the development, manufacture, and sale of seismic energy sources used in the offshore seismic exploration for oil and gas. It operates in two segments, Geophysical Equipment and Industrial Products. Geophysical Equipment segment offers products, which include marine seismic energy sources, underwater electrical connectors, cables, air gun signature hydrophones, and pressure transducers. Industrial Products segment sells miniature industrial clutches, brakes, and subfractional horsepower electric motors. In addition, this segment offers an electromagnetic clutch and brake product line, which includes clutches and brakes, power off brakes, magnetic particle clutches and brakes, and multiple plate slip clutches. The company primarily sells its products to marine seismic exploration contractors and original equipment manufacturers. The company was founded in 1960 and is headquartered in Norwalk, Connecticut.
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