Nevada Nano
NevadaNano develops MEMS-based Molecular Property Spectrometer (MPS) gas sensors and MethaneTrack/EmissionsTrack continuous emissions monitoring systems, selling to oil & gas operators, hydrogen and energy companies, HVAC-R manufacturers, and industrial safety customers worldwide via direct enterprise sales and a global distributor network.
- Company typePrivate
- Founded2004
- HeadquartersSparks, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Nevada Nano does
NevadaNano (Nevada Nanotech Systems, Inc.), founded in 2004 and headquartered in Sparks, Nevada, develops and manufactures MEMS-based gas sensors and continuous emissions monitoring systems under its proprietary Molecular Property Spectrometer™ (MPS™) platform. The core technology, originally developed at the University of Nevada with U.S. Department of Homeland Security support and protected by 27 patents across 43 inventions, enables calibration-free, drift-free multi-gas detection over a 15+ year sensor lifetime. Product lines include MPS Flammable, Refrigerant, Methane, Hydrogen, and Extended Range Methane gas sensors, plus the MethaneTrack™ and EmissionsTrack™ continuous IIoT monitoring systems that combine wireless endpoints with cloud-based Leak Source Isolation™ software using Inverse Plume Modeling to localize and quantify emissions in real time.
The company sells to enterprise customers primarily in oil and gas (BP, ConocoPhillips, ExxonMobil, Hess, TotalEnergies, OMV, National Gas, Tourmaline, RetiGas/Italgas), hydrogen and energy transmission, HVAC-R, waste management, maritime, and industrial safety, with over 15,000 monitoring endpoints deployed globally across onshore and offshore operations. Revenue is generated through a mix of hardware sensor sales (to OEMs and gas detection equipment makers via a global authorized distributor network spanning 20+ countries), enterprise system sales of MethaneTrack/EmissionsTrack deployments, and recurring software subscriptions tied to the cloud monitoring platform. Go-to-market combines direct enterprise sales to oil & gas majors with regional channel partners (e.g., 360 Engineering in Canada, Fluxo in Brazil, BPCO Group in maritime, ISG and Naizak in Saudi Arabia, Alco Automation in APAC) and OEM licensing partnerships (e.g., Sensience embedding MPS technology in UL-certified A2L refrigerant sensors). Strategic investors Honeywell Ventures and Emerson Ventures co-led a $30 million Series C in February 2023 to scale global deployment.
Nevada Nano firmographics
Firmographics- Name
- Nevada Nano
- Legal name
- Nevada Nanotech Systems, Inc.
- Website
- https://nevadanano.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NevadaNano develops MEMS-based Molecular Property Spectrometer (MPS) gas sensors and MethaneTrack/EmissionsTrack continuous emissions monitoring systems, selling to oil & gas operators, hydrogen and energy companies, HVAC-R manufacturers, and industrial safety customers worldwide via direct enterprise sales and a global distributor network.
- Ownership category
- akta.pro rank
Nevada Nano industry classification
Industry- Product category
- Industrial Gas Detection Sensors
- NAICS
- Other Measuring and Controlling Device Manufacturing (334519)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Industrial-Grade Sensors & Transducer Components (Discrete sensing elements, transducers, MEMS sensors) (IMAGAJAO)
- akta.pro secondary industries
- Fixed Gas Detection & Continuous Monitoring (Sensors/IoT/Telemetry) (EUAJADAB), Process Analytical Instrumentation (Gas analyzers, spectroscopy, pH/ORP, conductivity) (IMAGAFAE)
Keywords
Where Nevada Nano is headquartered
LocationHeadquarters
- HQ city
- Sparks
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Nevada Nano business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- MPS™ Gas Sensor Hardware Sales: NevadaNano manufactures and sells its MEMS-based MPS™ gas sensors (Flammable, Refrigerant, Methane, Hydrogen variants) and sensor evaluation kits. Sensors are sold to OEM device manufacturers, gas detection equipment makers, and industrial companies. Revenue is generated from one-time hardware sales of sensors with multi-year operational lifespans (15+ years) and no field calibration requirements, reducing total cost of ownership for buyers.
- MethaneTrack™ and EmissionsTrack™ IIoT Monitoring Systems: NevadaNano sells and deploys its MethaneTrack™ (methane-specific) and EmissionsTrack™ (multi-gas including hydrogen and hydrocarbons) continuous emissions monitoring systems. These comprise wireless IIoT endpoint hardware, a central gateway, anemometer, and cloud-based monitoring software. The company has over 15,000+ units deployed in the field, suggesting an installed-base recurring revenue model tied to system sales, software subscriptions, and monitoring services.
- Software Subscriptions and Cloud Services: MethaneTrack™ and EmissionsTrack™ platforms include cloud-based software for continuous data analysis, leak source isolation, automated reporting, and compliance (EU Methane Regulation, OGMP 2.0, EPA methane regulations). This provides a recurring software/SaaS revenue stream alongside hardware.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | MPS™ Sensor Evaluation Kit — order for testing before scaling up |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Nevada Nano product offering
Product offeringCore offering
NevadaNano designs, manufactures, and sells MEMS-based Molecular Property Spectrometer (MPS™) gas sensors and IIoT continuous emissions monitoring systems. Its product line includes MPS Flammable, Refrigerant, Methane, Hydrogen, and Extended Range Methane gas sensors sold to OEMs and gas detection equipment makers, along with the MethaneTrack™ methane-specific and EmissionsTrack™ multi-gas continuous monitoring platforms combining wireless IIoT endpoints, gateways, anemometers, and cloud-based Leak Source Isolation software. Sensors deliver calibration-free, drift-free operation for 15+ years and are used for fixed/portable gas detectors, HVAC-R equipment, and emissions monitoring across oil & gas, hydrogen, HVAC-R, waste management, maritime, and industrial safety applications.
Product overview
NevadaNano is a sensor-based SaaS company providing multi-gas sensing products and continuous IIoT monitoring systems. The product portfolio centers on the proprietary Molecular Property Spectrometer (MPS) technology platform, which powers a family of gas sensors including MPS Flammable Gas Sensors, MPS Refrigerant Gas Sensors, MPS Methane Gas Sensors, and MPS Hydrogen Sensors. On the systems side, NevadaNano offers MethaneTrack (continuous methane emissions monitoring) and EmissionsTrack (multi-gas continuous monitoring for methane, hydrogen, and all hydrocarbons) as the core monitoring platforms. These combine with the IIoT detector arrays, Close-Proximity Continuous Monitoring architecture, and Leak Source Isolation software to deliver automated emissions detection, localization, and quantification. The offering also includes the MPS Sensor Evaluation Kit for product testing. NevadaNano serves industrial customers in oil and gas, HVAC/refrigeration, waste management, energy/power, and safety sectors.
Differentiator
Problem solved
Functional benefit
Brands
- MethaneTrack: Automated emissions monitoring system for detecting and identifying the location and size of methane and methane-blend leaks using close-proximity continuous monitoring technology.
- EmissionsTrack
- Molecular Property Spectrometer (MPS)
- TrueLEL
- Leak Source Isolation (LSI)
- Close-Proximity Continuous Monitoring
Products and services
- MPS™ Flammable Gas Sensor Factory-calibrated, intrinsically safe MEMS gas sensor for rapid, accurate detection of multiple flammable gases. Features TrueLEL™ automatic gas classification, built-in environmental compensation, automatic self-testing, and digital/analog output. No field calibration required. Available in S4 and Mini form factors across multiple generations (3.0–6.0). Used by OEM device manufacturers, gas detection equipment makers, and industrial safety companies.
- MPS™ Refrigerant Gas Sensor Accurate detection of lower global warming potential (GWP) refrigerant gases including mildly flammable A2L gases (R-32, R-454A, R-454B, R-454C) and flammable A3 gases (R-290, R-600). Features 15+ year calibration interval and lifetime with lowest total cost of ownership. For HVAC-R manufacturers, commercial refrigeration operators, and building management companies.
- MPS™ Methane Gas Sensor Rapid, precise methane detection for various industries. Factory-calibrated with built-in environmental compensation, automated self-testing, intrinsically safe, toxin-resistant. Offers digital or configurable analog output. No field calibration needed. Sold to OEM device manufacturers, gas detection equipment makers, and industrial companies requiring methane monitoring.
- MPS™ Hydrogen Sensor Highly reliable and accurate hydrogen gas detection using MPS gas classification capabilities for rapid detection and accurate quantification of hydrogen and hydrogen-containing gas mixtures. No poisoning, no drift, no field calibration required. Marketed as the lowest power hydrogen sensor on the market. For hydrogen producers, energy transition companies, and process safety operators.
- MPS™ Extended Range Methane Gas Sensor Extended range methane detection sensor for emissions monitoring applications, detecting methane from 50 ppm to 1,000,000 ppm range. Part of the EmissionsTrack product family. For oil & gas operators, landfill operators, and industrial emissions monitoring applications.
- MethaneTrack™ Automated continuous emissions monitoring system combining MPS sensors in an IIoT wireless network with cloud-based Leak Source Isolation software. Provides real-time alerts, emission rates, and GPS-based leak location. Deployed across oil and gas, landfill, and industrial applications. 15-year sensor life with 5-year battery life, intrinsically safe (Class I Div 1 / Zone 0), IP65+, -40°C to 75°C operating range. For oil & gas operators, landfill operators, and industrial methane emissions monitoring customers.
- EmissionsTrack™ Automated continuous emissions monitoring system for detecting, localizing, and quantifying methane, hydrogen, and all hydrocarbons. Provides 24/7 real-time emissions detection with automated leak alerts pinpointing exact leak locations via Leak Source Isolation software. For oil & gas operators, hydrogen producers, energy transition companies, and industrial facilities with multi-gas emissions monitoring requirements.
- MPS™ Sensor Evaluation Kit Evaluation kit (S4 Gas Sensor Evaluation Kit) for testing MPS sensor accuracy and calibration-free technology before scaling up deployment. Includes demo video and user manual. For prospective OEM device manufacturers, gas detection equipment makers, and enterprise customers evaluating MPS technology.
Quantifiable outcome
- Up to 95% methane emission reduction achieved vs. conventional periodic LDAR methods (OGI and Method 21 inspections) in Permian Basin deployment
- +7 more outcomes
Companies that use Nevada Nano
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles4 records
Nevada Nano technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature7 records
Nevada Nano partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered regional and core.
- BPCO GroupregionalNevadaNano partnered with BPCO Group to expand MethaneTrack™ availability within the maritime industry, providing regional sales, technical support, and customer engagement for emissions monitoring around LNG fuel systems, bunkering infrastructure, compressors, and vents. BPCO Group brings extensive experience supporting the shipping industry with innovative technologies.
- Fluxo Soluções IntegradasregionalNevadaNano's authorized distributor for Brazil, providing local sales, technical assistance, and field services for MethaneTrack™ and EmissionsTrack™ across Brazil. Fluxo has offices in São Paulo, Rio de Janeiro, Macaé, and Salvador, with expertise in industrial automation, IoT, gas detection, and emissions reduction applications. Solutions are INMETRO certified for deployment in Brazil.
- 360 Engineering & EnvironmentalregionalNevadaNano partnered with 360 Engineering & Environmental Consulting (Calgary, Canada) for sales, technical assistance, and field services for MethaneTrack™ in Canada. 360 is a purpose-driven company with 140+ engineering, environmental, emissions, and regulatory specialists, operating through offices in BC, AB, and SK. 360 co-hosted a Technology Spotlight at PTAC Methane Leadership Summit 2024.
- Alco AutomationregionalHeadquartered in Singapore, Alco provides marketing, sales, application, and technical services to customers across the Asia Pacific region for NevadaNano products. Capabilities include product integration and customized systems development, with all completed systems subjected to stringent quality control testing.
- Milli-TechregionalAn international sales and marketing company specializing in commercial and technical promotion of gas detection and other products in China, with strong design-in capabilities.
- SensiencecoreSensience achieved UL certification (UL 60335-2-40, 4th edition standard) for their 30G Refrigerant Sensor utilizing NevadaNano's MPS™ technology — the first company to attain UL certification for an A2L gas sensor. This enables Sensience to embed MPS™ technology in their certified A2L refrigerant detection products.
- Industrial Systems Group (ISG)regionalISG, established in 2008 in Saudi Arabia, provides analytical solutions, manufacturing, engineering, and shelter integrated systems for petrochemical, refinery, chemicals, oil & gas, power generation, and other industries.
- EG ElectronicsregionalEG Electronics offers customized solutions based on electronic and electromechanical systems for a broad range of industries from sales offices in Sweden, Finland, Denmark, and Norway.
- GVZ ComponentsregionalISO9001-2015 certified company based in Milan, Italy, and one of the most important suppliers for EMEA sensors market with 40+ years of experience supplying leading companies across HVAC-R, medical, industrial, military, and aerospace applications.
- Unitronic GmbHregionalA member of Lagercrantz Group AB since 2002, Unitronic supports customers in German-speaking regions with competent design-in and after-sales support, representing 30+ leading manufacturers in sensors, semiconductors, and modules.
- Naizak Global Engineering SystemsregionalA leading technology solutions provider established in 1998 in Al Khobar, Saudi Arabia, specializing in Lab Systems, ICT, Instrumentation & Automation, and Local Manufacturing Capabilities. Founded by Khalid Abdelkarim.
- GasLabregionalA leader in gas sensing and monitoring tools in North America, providing solutions for industrial, medical, scientific, HVAC, indoor air quality, modified atmosphere packaging, and safety applications. Customers include Pfizer, 3M, Carrier, NASA, GE, and Columbia University.
Scale indicators8 records
Recent moves3 records
Expansion highlights6 records
Nevada Nano competitors and assessment
Company assessmentBroad incumbents
- Emerson: Industrial automation giant with Rosemount analytical instrumentation including fixed gas detection and emissions monitoring products. Direct competitor across process and safety gas detection, and also a strategic investor in NevadaNano via Emerson Ventures, creating a similar investor-competitor dynamic as Honeywell.
- Baker Hughes: Major oilfield services and industrial technology provider with emissions monitoring offerings (including through the Waygate and acquired lines such as Altira and the former GE oil & gas portfolio). Competes with NevadaNano in upstream methane monitoring at scale and has the installed-base advantage with global oil & gas operators.
- Dräger: German industrial and medical safety company with a substantial gas detection product line serving oil & gas, chemical, and confined space applications. A broad incumbent competitor in the same fixed and portable gas detection markets NevadaNano serves with its MPS platform.
- MSA Safety: Public safety equipment company with a leading fixed and portable gas detection business (MSA Bacharach, MSA Sensotran). Comparable to NevadaNano's industrial safety segment and competing head-on in combustible gas detection for upstream and downstream oil & gas operators.
- Honeywell: Industrial conglomerate with a major gas detection portfolio (Honeywell Analytics) spanning fixed and portable combustible/toxic gas detectors. Direct competitor across NevadaNano's flammable and methane sensor categories, and also a strategic investor via Honeywell Ventures, creating a competitive-investor dual relationship.
Emerging players
- Aeris Technologies: Mid-stage company deploying mid-infrared laser-based continuous emissions monitoring systems for oil & gas operators. Comparable in targeting upstream methane monitoring with an alternative optical sensing approach; emerging player with growing deployment footprint that competes for the same enterprise RFPs as NevadaNano.
Direct peers
- Picarro: Specialist in cavity ring-down spectroscopy analyzers for methane, ethane, and greenhouse gas monitoring at sites and along pipelines. Direct peer in methane emissions monitoring for oil & gas operators using a different (optical spectroscopy) technology approach, often appearing alongside NevadaNano in RFPs.
- Sensirion: Swiss manufacturer of MEMS-based environmental and gas sensors for HVAC, automotive, and industrial applications. Closest direct competitor to NevadaNano's MPS sensor business with similar MEMS heritage and multi-gas detection capability, though Sensirion is more diversified across flow and humidity sensing.
- Qube Technologies: Canadian continuous methane monitoring provider for upstream oil & gas using IoT sensor networks with proprietary leak detection analytics. Direct competitor in the same close-proximity continuous monitoring use case and frequently cited alongside MethaneTrack in operator evaluations.
- Amphenol Advanced Sensors: Division of Amphenol manufacturing gas, humidity, and pressure sensors for medical, HVAC, and industrial safety markets. Direct peer in industrial-grade gas sensor manufacturing and competes for OEM design wins in HVAC-R refrigerant detection, a key adjacent market for NevadaNano's MPS refrigerant sensor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Nevada Nano social profiles
Digital presenceNevada Nano compliance and trust
Trust signalCompliance6 records
Nevada Nano financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nevada Nano leadership team
Management profileNumber of profiles
Profiles3 records
Nevada Nano funding detail
Funding detailFunding overview
Funding rounds9 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nevada Nano M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nevada Nano
What does Nevada Nano do?
NevadaNano designs, manufactures, and sells MEMS-based Molecular Property Spectrometer (MPS™) gas sensors and IIoT continuous emissions monitoring systems. Its product line includes MPS Flammable, Refrigerant, Methane, Hydrogen, and Extended Range Methane gas sensors sold to OEMs and gas detection equipment makers, along with the MethaneTrack™ methane-specific and EmissionsTrack™ multi-gas continuous monitoring platforms combining wireless IIoT endpoints, gateways, anemometers, and cloud-based Leak Source Isolation software. Sensors deliver calibration-free, drift-free operation for 15+ years and are used for fixed/portable gas detectors, HVAC-R equipment, and emissions monitoring across oil & gas, hydrogen, HVAC-R, waste management, maritime, and industrial safety applications.
Is Nevada Nano a public or private company?
Nevada Nano is a private company. It is classified as venture growth investor backed and is currently operating.
When was Nevada Nano founded?
Nevada Nano was founded in 2004. It employs 11 to 50 people.
Where is Nevada Nano based?
Nevada Nano is headquartered in Sparks, United States, in the North America region.
How does Nevada Nano make money?
Three revenue lines are on record. MPS™ Gas Sensor Hardware Sales are the primary driver. The others are methaneTrack™ and EmissionsTrack™ IIoT Monitoring Systems and software Subscriptions and Cloud Services.
Who are Nevada Nano's main competitors?
Broad incumbents on record are Emerson, Baker Hughes, Dräger, MSA Safety and Honeywell. Aeris Technologies is listed as an emerging player. Direct peers are Picarro, Sensirion, Qube Technologies and Amphenol Advanced Sensors.
Does Nevada Nano have an API?
No public API is recorded for Nevada Nano.
What industry is Nevada Nano in?
Nevada Nano's product category is Industrial Gas Detection Sensors. Its primary akta.pro industry code is IMAGAJAO, Industrial-Grade Sensors & Transducer Components (Discrete sensing elements, transducers, MEMS sensors), with a secondary code of EUAJADAB, Fixed Gas Detection & Continuous Monitoring (Sensors/IoT/Telemetry). Its NAICS code is 334519 and its SIC code is 3823.