GOWell Energy Technology (NASDAQ: GOW) has completed the acquisition of WellSense through its Singapore operating subsidiary, adding fiber optic sensing capabilities.
The acquired business, Well-Sense Holdings and its subsidiaries, is based in Aberdeen, Scotland, and provides fiber optic sensing and well integrity diagnostic technologies. The transaction brings WellSense's proprietary technology, technical expertise and established customer relationships into GOWell's business. The acquisition was funded from existing cash; financial terms were not disclosed.
GOWell said the acquisition extends its well integrity portfolio from measurements at individual points to continuous distributed fiber optic sensing. It plans to deliver the technology through its service company partners, with integration guided by customer continuity.
GOWell Energy Technology (GOW) reported first-half 2026 revenue of $33.8 million for operating subsidiary GOWell Technology Limited, up 43% year over year. The unaudited results cover the subsidiary before the business combination. Operating profit rose 135% to $9.1 million, net profit increased 38% to $3.7 million, and adjusted EBITDA, a non-IFRS earnings measure, rose 79% to $14.1 million.
Finance costs reached $4.3 million, primarily related to redeemable preferred shares. Cash and cash equivalents fell to $2,910,012 at June 30 from $6,751,021 at December 31. GOWell reiterated 2026 revenue guidance of $60 million to $68 million and adjusted EBITDA guidance of $25 million to $29 million. It completed its business combination with Inflection Point Acquisition Corp. V on September 25, 2026; ordinary shares began Nasdaq trading under GOW on September 28.
GOWell Energy Technology (Nasdaq: GOW) will host its first-half 2026 financial results and corporate update webinar on October 21, 2026.
The webinar starts at 10:00 a.m. ET and includes a management presentation and Q&A on results, operational strategy and outlook. A recording will be available on the company website. The event follows completion of its business combination with Inflection Point Acquisition Corp. V on September 25 and Nasdaq trading commencement on September 28, 2026.
GOWell Energy Technology (GOW) began trading on Nasdaq following its completed business combination with Inflection Point Acquisition Corp. V.
The combination with the special purpose acquisition company was completed on September 25, 2026. GOWell develops well logging and distributed sensing technologies for the energy sector. Its technologies support well integrity, environmental risk management and production optimization across applications that include geothermal energy, carbon capture and storage, and natural gas storage. The company said the listing gives it greater access to public capital markets and flexibility to develop its technologies and expand globally.