Inductosense celebrates impressive growth during 2023
28/02/2024
UK-based Inductosense Ltd, a leading provider of ultrasonic sensor technologies for internal corrosion monitoring, has seen a significant demand for its WAND technology following numerous successful trials and approvals from major operators. Over the past year, the company has more than doubled sales, has secured investment from Aramco Ventures and has been awarded a
$1 million (approximately £787,000) project to develop a subsea WAND system.
The company is continuing on a rapid growth trajectory into 2024 and, to support this growth, it has doubled its headcount with new staff across software, robotics, production and operations.
Dr Matt Butcher, Chief Executive Officer (CEO) of Inductosense, said: “I am very proud of what the team has achieved over the past year with thousands of sensors deployed worldwide, a number of new products and the capacity to really scale our manufacturing. We welcome our new staff members who share our customer-centric approach and passion for innovation.”
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| Inductosense founders, left to right: Professor Paul Wilcox (co-founder), Professor Anthony Croxford (co-founder), Dr Matt Butcher (CEO) and Dr Cheng-Huan Zhong (co-founder and Chief Technology Officer) |
The Inductosense WAND technology is an embeddable wall thickness monitoring system that enables accurate, repeatable measurements at a fraction of the cost and time of alternative methods, it is claimed. The company’s solutions are now in use with a number of major operators and have proven to reduce maintenance costs, extend asset lifespans and enhance safety across a wide range of industries.
