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Synodon Inc SYXXF

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.


GREY:SYXXF - Post by User

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Post by techiyon Mar 06, 2015 12:27pm
280 Views
Post# 23497831

In a newspaper

In a newspaperEdmonton journal had an article on Synodon and interviewed CEO Adrian Banica. He addresses mostly everything that invostors are concerned about. for example current market condition. 
Banica said the energy industry’s economic woes aren’t having a big effect on Synodon’s business.

“This is an operational requirement for pipeline operators and they may create some pricing pressure, meaning they want to spend a few fewer dollars this year, but they have to still do this type of work,” he said.

“The bulk of our customers are not really affected by what’s going on.”
Find the article in: https://www.edmontonjournal.com/Synodon+flies+high+with+first+profitable+quarter/10865276/story.html
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