Synodon Company Strategy

Company Strategy

The potential applications for realSens™ are very broad as it can be applied to any circumstance that requires the remote measurement of ground-level gas concentrations such as: hydrocarbon emissions, pollution monitoring, industrial emission inventory, hazardous gas monitoring during emergencies, greenhouse gas emission inventory, illegal drug manufacturing detection, chemical weapon monitoring and other military and security based applications.For each one of these applications, a targeted, slightly modified version of the Technology could be used as each specific instrument can be built to measure one to four primary gases such as ammonia, benzene, nitrogen oxides and carbon monoxide.

Synodon does not intend to sell the realSens™ technology to end users but rather use it to provide a Geographical Information System (GIS) survey service.Synodon will collect, process and archive gas emission information together with position, digital imagery and altitude measurements, and then sell various reports and data solutions to its customers.It is intended that the Technology will remain the property of Synodon.

The first gas sensing market targeted by Synodon is the detection of hydrocarbon emissions from the world’s oil and gas industries, of which the market is estimated at $1.6 billion a year.Synodon’s first commercial detection instrument is currently being built and is tuned to detect ethane, which enables a broad range of applications in the natural gas industry while a subsequently planned benzene measuring instrument will be deployed for sensing opportunities in the oil sectors.

The first vertical market Synodon will focus its efforts upon will be the natural gas pipeline market. This market consists of pipeline operators who own or control gathering, transmission and distribution lines.In this sector, Synodon has already achieved a number of successful tests of the realSensT technology with its strategic partners.The gas leak detection service that Synodon will provide will offer a lower priced and potentially more accurate gas leak sensing solution compared to current inspection methods in this market sector.

The realSens™ technology has a number of competitive features that make it a more economic and effective leak detection application than currently existing natural gas leak detection technologies. The primary feature is the fact that realSensT has been developed for use on aircraft allowing it to have an inspection speed that is 70 – 80 times faster when compared to current ground deployed solutions.

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