Synodon Inc SYXXF

Technology Scientific & Technical Instruments

Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument contains a high definition photographic camera, a thermal camera, laser altimeter, global positioning system (GPS)/inertial navigation system (INS) system, on-board computer, control unit, power supply and an in-cockpit display system. It offers airborne pipeline integrity management services to operators of oil and gas pipelines, which include leak detection, pipeline threat assessment, Right-of-Way (R0W) change and slope analysis, tree canopy encroachment, water crossing analysis (including three-dimensional (3-D) water crossings analysis) and pipeline location classification services.

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Synodon Inc > Revenue Math

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Comment by Boomerthecount1on Oct 08, 2014 3:53pm

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Post# 23011575

RE:Revenue Math

Well written post, but we must not forget one important thing - synodon name is well known by every CEO in the piping industry. I can tell you this with 100% certainty. With these new contracts the big pipeline company has dipped their toes into this technology. If synodon wants to have bigger contracts they have to show profibility and sustainability. The big company wants to have partners who they can rely on and that will be here tomorrow. If synodon starts showing profibility they will start getting bigger contracts, if not the big piping company will wait for us to go under and buy the technology out.

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