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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

Comment by techiyon Jun 17, 2014 12:10pm
211 Views
Post# 22666962

RE:RE:GuyInPhoenix

RE:RE:GuyInPhoenix

GuyInPhoenix,
If you follow, then you will understand that, they are developing partnership and gaining the trust of big companies gradually. 

First of all, remember that they are surveying Enbridge's small networks in Canada and texas for the past few year and recently they became their partner in Texas for five years. Enbridge has to fullfill 200+ requirements to approve Northern Gateway. Therefore we may see Synodon coming with something big anytime if Northern Gateway is fully approved. That might be a turning point.

Recently they have got a big contract to survey full network of a big company. They have done at least ten small inroductory surveys for big companies in recent past. So if half of them are coming back to them next year(or the end of this year) you imagine that they do not have to look back again.

Lastly, from now on wards, I am hoping to see a 3 to 4 times growth in their revenue in each year.

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