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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 staythecourseon May 21, 2015 3:35am
179 Views
Post# 23748196

RE:Positive Synodon article & Buy reco

RE:Positive Synodon article & Buy recoThanks for the article, AimHigh8. They key is they are adding equipment to increase capacity and adding services to existing clients. That's what its about. "Adrian Banica, President and CEO of Synodon commented:...Growth was achieved by expanding the number of kilometers flown for our existing clients and by introducing new services to those clients. In the last two quarters of the fiscal year, historically the busiest part of the year, our realSens unit was utilized nearly full-time, and we have ordered two additional instruments to support our growth objectives for the current year.”
I was concerned last year but feel better about SYD these days.
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