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 > slow and steady wins the race....

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Comment by techiyon Aug 25, 2014 1:14pm

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RE:RE:RE:slow and steady wins the race....

Last time there was a press release about a new contract within 2-3 weeks after you posted 'news close?'. Your prediction was pretty close.
I think they were carefully trying to increase their customer base by all out marketing as their surveying capability is increasing next year with new multiple instruments. They certainly now have some success to present to other customers. Again you know summer is vacation time and oil-gas giants are more reluctant about issuing new contracts.
I think we will be starting to here about series of new contracts in fall (end of September or early October).

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