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ELECTRONICS | Chips & Semiconductors / Semiconductors: Sensors
corrosionradar.com

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Founded Year

2017

Stage

Seed VC - III | Alive

Total Raised

$5.47M

Last Raised

$5M | 7 mos ago

About CorrosionRADAR

CorrosionRADAR develops remote sensors for monitoring corrosion in oil and gas pipelines.

CorrosionRADAR Headquarter Location

Future Business Centre, King's Hedges Road

Cambridge, England, CB4 2HY,

United Kingdom

44 1223 608861

Latest CorrosionRADAR News

CorrosionRADAR and Bureau Veritas to offer predictive monitoring solution in the Middle East

Jun 3, 2021

02-06-2021 Cambridge based CorrosionRADAR Ltd has signed a Memorandum of Understanding with Bureau Veritas in the Middle East to deliver an integrated solution that helps oil and gas companies to manage Corrosion Under Insulation (CUI). Global leaders in test, inspection and certification, Bureau Veritas is the first organisation in the region to integrate the CorrosionRADAR® predictive corrosion monitoring system with its Opex solutions portfolio. The unique collaboration which captures the expertise of both organisations and delivers a quality controlled end-to-end solution for asset integrity management, signals new momentum in the Middle East to adopt digitalisation to solve the challenges presented by CUI. It comes at a time when industry confidence and investment in digital systems for risk-based inspection (RBI) is accelerating and an accurate and reliable data-driven response for CUI management is achievable. The automated solution combines real-time field data and predictive analytics generated via CorrosionRADAR’s wireless sensing waveguides under the asset insulation, with Bureau Veritas field experience, quality assurance, integrity and risk-based inspection expertise to save costs through prioritising of maintenance activities, repair and rehabilitation schedules. For operators, this means informed decision making, optimised inspection and maintenance programmes, safer and more reliable operations with decreased risk, and more production uptime. The integrated solution is equally suitable for existing brownfield plants and incorporation in new greenfield build. Andrea Di Lillo, OPEX Oil and Gas Global Business Development Director at Bureau Veritas said: ‘‘In accordance with our strategic Opex vision, we welcome this regional collaboration with CorrosionRADAR as we strengthen our asset integrity management portfolio further to digitally address the critical and expensive CUI.’’  Sofien Masmoudi, Vice President for Oil, Gas and Chemical at Bureau Veritas said: ‘‘It allows us to expand the RBI experience through a dynamic approach that bridges the gap between current quantitative and qualitative risk management, creating predictive, data-driven inspection and maintenance programmes – adding value for our clients and establishing a route to safer, smarter and more reliable operations.’’ Chiraz Ennaceur, Chief Executive of CorrosionRADAR said: ‘‘There is no doubt that successful management of CUI will rely on the digitalisation of predictive monitoring and assessment. By working alongside Bureau Veritas, we can integrate our technology into their Opex services portfolio and provide even greater support in the region with a sustainable solution that will identify corrosion failure mechanisms at the earliest possible stage and allow operators to take quicker and more precise action, saving costs and increasing performance and safety.’’ CorrosionRADAR is planning a series of online discussions and workshops for companies in the Middle East who are interested in learning more about digital collaborations for combatting CUI. Please contact James Rosenshine , Head of Business Development, CorrosionRADAR, for more details. To read more information, click here. Marketing communications and public relations services for small businesses and start-ups - focus on innovation and R&D. Catherine Condie MCIPR is an experienced writer and marketing and communications specialist with great interpersonal skills. She is expert at communications strategy, project planning and campaign delivery and counts her favourite successes across press, publications, corporate responsibility and STEM outreach functions. Catherine Condie Associates

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Expert Collections containing CorrosionRADAR

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CorrosionRADAR is included in 3 Expert Collections, including Oil & Gas Tech.

O

Oil & Gas Tech

485 items

This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).

I

Industrial Predictive Analytics

53 items

Software that helps operators predict maintenance events, downtime, and energy usage.

D

Digitization & Automation In Manufacturing

274 items

Companies in discrete manufacturing focused on improving efficiency through digitization and automation.

CorrosionRADAR Patents

CorrosionRADAR has filed 1 patent.

The 3 most popular patent topics include:

  • Androgens and anabolic steroids
  • Bones of the head and neck
  • Bones of the pelvis
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/26/2017

10/20/2020

Neutron scattering, Bones of the head and neck, Bones of the pelvis, Microwave technology, Androgens and anabolic steroids

Grant

Application Date

1/26/2017

Grant Date

10/20/2020

Title

Related Topics

Neutron scattering, Bones of the head and neck, Bones of the pelvis, Microwave technology, Androgens and anabolic steroids

Status

Grant

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