Investment News - CorrosionRADAR has secured a financing round of £1M consisting of VC investment from Mercia managed MEIF Proof of Concept & Early Stage Fund alongside private investors, and grants from the InnovateUK and the Oil and Gas Technology Centre.
OMV, Austria - CorrosionRADAR was one of the finalists at the OMV challenge "Innovation to Company - die Startup-Challenge der WK Wien". Globally, only five companies were invited to OMV HQ for finals of the event.
Future Downstream, London - CorrosionRADAR joined Future Downstream Panel on Asset Performance Management for discussions on the role of digitalisation and future of corrosion monitoring in Oil & Gas industry.
EEMUA, UK - CorrosionRADAR presented at EEMUA Inspection day 2019. Great response to the CUI monitoring case studies that were presented to the EEMUA member companies by Dr Prafull Sharma, CTO of CorrosionRADAR which was followed by discussions on applications & benefits of CorrosionRADAR products and services.
Asset Integrity ShowCase, Aberdeen - CorrosionRADAR demonstrated its CUI monitoring technology at the Asset Integrity Show Case (AISC) event organised by the Oil & Gas Technology Center. The event was well attended by asset integrity professionals from oil producers in the Northsea region.
TCMA, Thailand - CorrosionRADAR was honoured to be guest speakers on CUI monitoring and Industry4.0, invited by the 'Thai Corrosion of Metals and Material Association' (TCMA) in their event 'CUI Insight: Inspection, Monitoring and Innovation' and hosted by PTT Global Chemicals.
SITECH, Netherlands - Check out the article by our client SITECH Services BV about CorrosionRADAR's CUI monitoring solution for reducing maintenance costs by locating and predicting corrosion under insulation.
OGTC, Aberdeen - CorrosionRADAR kicked off a strategic project on Corrosion Under Insulation. This project is supported by the OGTC. CorrosionRADAR's distributed sensors network is set to transform CUI management by enabling the transition from reactive to predictive maintenance programmes
CorrosionRADAR is delighted to be a finalist for the #NACE MP Corrosion Innovation of the Year Awards 2019 for its CUI monitoring system. Award winners to be announced in CORROSION2019 in Tennessee, USA.
Subsea Expo, Aberdeen - CorrosionRADAR's technology for detecting, locating and monitoring corrosion under insulation (CUI) being demonstrated at Stand 87 via our partner and collaborator CENSIS - Innovation Centre for Sensor and Imaging Systems #SubseaExpo #SubseaExpo2019
OGIC INVEST IN CORROSIONRADAR - CR is pleased to announce that they are the recipients of a share of a £300k investment from The Oil & Gas Innovation Centre (OGIC). We have kicked off a research project with Robert Gordon University to study the effect of CUI of a variety of metals and would like to thank the OGIC for the support...
SOLVAY COLLABORATION CONTINUES - CorrosionRADAR are pleased to announce its strategic collaboration with Belgian specialty chemical company Solvay, with the first CorrosionRADAR system being installed on Solvay's plant in northern Spain. CorrosionRADAR looks forward to reducing corrosion maintenance costs and identifying CUI in SOLVAY's complex piping environment.
CORROSIONRADAR SECURE FUNDING WITH MERCIA FUND PARTNERS & INNOVATE UK - A Midlands firm that develops remote sensors for monitoring corrosion under insulation in oil and gas pipelines has secured over £350,000 of investment. £250,000 of the investment comes from Mercia Fund Managers, with a further £104,000 provided by Innovate UK.