CorrosionRadar is gearing up to trial sensors for identifying deep corrosion in oil and gas pipeline.
CorrosionRadar, a UK-based industrial technology spinout from Cranfield University, has raised £250,000 ($334,000) in equity from investment firm Mercia Fund Managers, BusinessWeekly reported yesterday.
The business received an additional £104,000 through a grant from UK-state backed research board Innovate UK.
CorrosionRadar has developed sensors to spot corrosion in oil and gas pipelines. The wiring is installed under the duct’s insulation so decay beneath the surface can be identified.
CorrosionRadar builds on work by two Cranfield University researchers – Prafull Sharma,…
