Methane Detection Leader Bridger Photonics Reinforces Blazing Growth with Seasoned Executive Hires
July 30 2024 - 9:45AM
Business Wire
Bridger Photonics Inc. (Bridger), global leader in aerial
methane imaging and emissions analytics, announced today that it
has added key seasoned members to its leadership team. The
additions underpin Bridger’s robust growth and guide further
scaling of its business.
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Bridger Photonics Chief Business Officer
Nate Gorence (left) and Chief Revenue Officer Joel Baller (right)
at the company's headquarters in Bozeman, Montana. (Photo: Business
Wire)
The company signed a record number of new customers in the first
half of 2024, more than doubling its customer base over the past
year, and continued to grow its footprint with existing customers.
Thanks to the continued strong uptake of Bridger solutions from
industry innovators, the company has now detected over eight
million emission events in the US and Canada in support of the oil
and gas industry’s efforts to mitigate methane emissions. The
company attributes this continued growth to its patented methane
imaging technology driving significant impact in day-to-day
customer operations. Additionally, the technology enables customers
to achieve and prove corporate sustainability goals by providing
the most comprehensive and accurate measurement-based methane
emissions inventories available.
Bridger reports that its twenty largest customers have achieved
an average of 18% year-on-year emissions reductions since 2022.*
That same industry cohort has accomplished a 43% reduction in
super-emitter occurrences over that same period.** “Our average
large client has already achieved, through voluntary efforts and in
just two years, more than the 30% reductions targeted for the end
of this decade by the Global Methane Pledge. That success is a
testament to the hard work and dedication of the oil and gas
industry to confront this challenge head-on, and the effectiveness
of our data and analytics to support them,” stated Bridger’s CEO
Pete Roos.
Established as an industry frontrunner, the organization
recently added two seasoned executives to its leadership team to
support continued growth and expansion, and to help scale the
business, both domestically and internationally.
Joel Baller, a seasoned software and start-up executive, joined
the company as the Chief Revenue Officer. His depth of experience
in building and executing go-to-market strategies for rapidly
expanding businesses will be leveraged as the company continues to
scale operations in the US and abroad.
Nate Gorence, who recently served as the Chief of Staff and
Chief Business Development Officer at Impossible Foods, brings a
wealth of experience scaling start-ups focused on developing
climate technology solutions. Nate joins Bridger as its Chief
Business Officer, focusing on company operations, finance, and
corporate strategy. “I’m thrilled to join Bridger at such an
exciting time in the company’s growth trajectory. The company’s
market expansion, underpinned by the technology they have
developed, and fueled by the passion and mission of the team, is
inspiring. I look forward to helping make 2024 Bridger’s best year
yet, and helping the organization scale for years of continued
growth,” stated Gorence.
“I am incredibly proud of the team we continue to assemble, both
in terms of talent and ethics. As we expand our product offerings,
customers, and geographic reach—all focused on our core mission to
make emissions reductions simple—Bridger is having a global
impact,” added Roos.
About Bridger Photonics
Bridger is the global leader in aerial methane detection for oil
and gas operators throughout the natural gas value chain, helping
them detect, locate, and mitigate methane leaks from operations.
Bridger detects methane with its patented and state-of-the-art
laser technology sensors and provides companies like ExxonMobil,
Chevron, and Phillips 66, among others, with data that helps them
quickly and efficiently stop methane emissions.
* 95% confidence interval: [8%, 25%]
** median
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version on businesswire.com: https://www.businesswire.com/news/home/20240730106568/en/
Press Contact: Tessa Wuertz at 507-696-6458 or
tessa.wuertz@bridgerphotonics.com