Silveray
Silveray is a UK-based deep-tech company that develops ultra-thin flexible digital X-ray detectors (DXF®) using patented NPX® semiconductor ink technology, serving industrial non-destructive testing markets and expanding into healthcare imaging.
- Company typePrivate
- Founded2018
- HeadquartersStockport, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Silveray does
Silveray is a UK-based deep-technology company that designs and manufactures ultra-thin, flexible digital X-ray detectors branded as Digital X-ray Film (DXF®). Its product targets the industrial non-destructive testing (NDT) market — primarily oil & gas pipe integrity inspection, aerospace component and composite inspection, nuclear and energy facility compliance, and shipbuilding weld inspection — with stated plans to extend into healthcare applications including breast cancer screening, dental imaging, and radiotherapy. The core technical differentiator is the company's patented NPX® semiconductor ink, a formulation using bismuth oxide nanoparticles dispersed in organic semiconductors that enables direct conversion of X-ray and gamma-ray photons into electrical signals, eliminating the intermediate scintillator step used in conventional flat-panel detectors.
The DXF® detector is less than 1mm thick and flexible enough to wrap around pipes from 3-inch diameter upwards and fit into confined spaces where rigid flat-panel detectors cannot operate. The product connects to a standard laptop via USB-C for instant image capture, works with existing X-ray sources without technique changes, and is positioned as semi-disposable. Silveray monetises through a pay-per-use OPEX pricing model with a per-image cost stated to be comparable to traditional radiographic film, explicitly designed to remove capital-investment barriers for industrial buyers transitioning from chemical film workflows.
The company was spun out of Surrey University and is headquartered at Pear Mill Industrial Estate in Stockport (Greater Manchester), where it houses in-house optoelectronic fabrication and cleanroom facilities; it also maintains a research presence at STFC Daresbury Laboratory in the UK. As of mid-2026 Silveray had 20 employees and has raised multiple funding rounds (totalling approximately £6.5 million in disclosed GBP terms across at least seed and 2026 rounds, with additional capital in 2024), led successively by UK Innovation & Science Seed Fund, Northern Gritstone, and most recently PXN Ventures. Its commercial motion combines a product-led presence through silveray.co.uk and technical whitepapers with direct enterprise field sales targeting critical-asset industrial buyers.
Silveray firmographics
Firmographics- Name
- Silveray
- Legal name
- Silveray
- Website
- https://silveray.co.uk
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Silveray is a UK-based deep-tech company that develops ultra-thin flexible digital X-ray detectors (DXF®) using patented NPX® semiconductor ink technology, serving industrial non-destructive testing markets and expanding into healthcare imaging.
- Ownership category
- akta.pro rank
Silveray industry classification
Industry- Product category
- Digital X-ray Imaging Equipment
- NAICS
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)
- SIC
- X-Ray Apparatus & Tubes & Related Irradiation Apparatus (3844), Laboratory Analytical Instruments (3826)
- akta.pro primary industry
- NDT/NDE Inspection Equipment (Ultrasonic, eddy current, radiography, thermography) (IMAGAFAI)
- akta.pro secondary industry
- Industrial Radiography & NDT Services (Gamma radiography, source handling, field inspection) (EUAKAIAF)
Keywords
Where Silveray is headquartered
LocationHeadquarters
- HQ city
- Stockport
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Silveray business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- DXF® Digital X-ray Film Sales: Sales of semi-disposable ultra-thin flexible digital X-ray detectors. The company offers pay-per-use pricing model with similar per-image cost to traditional film, making digital transformation financially accessible without large capital investment. Operates as operational expense (OPEX) model rather than capital expenditure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Pay-per-use model for DXF® Digital X-ray Film |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Silveray product offering
Product offeringCore offering
Silveray manufactures and sells Digital X-ray Film (DXF®), an ultra-thin (less than 1mm), flexible, semi-disposable digital X-ray detector for industrial radiography and non-destructive testing (NDT). The product is built on patented NPX® X-ray sensitive semiconductor ink technology that directly converts X-rays into electrical signals. DXF® connects via USB-C to a laptop for instant digital imaging and is sold on a pay-per-use pricing model to enterprise buyers in oil & gas, nuclear, aerospace, and shipbuilding sectors.
Product overview
Silveray offers a unified product portfolio centered on its Digital X-ray Film (DXF®) — an ultra-thin, flexible digital X-ray detector for industrial radiography and non-destructive testing. The DXF® is built on the company's proprietary NPX® X-ray sensitive semiconductor ink, which enables direct conversion imaging in applications where rigid detectors cannot operate. The product portfolio consists of the DXF® detector hardware as the primary offering, with the enabling NPX® technology serving as the patented core innovation. The solution targets industrial inspection in oil & gas, nuclear & energy, aerospace, and shipbuilding sectors, with expansion underway into healthcare applications including breast cancer screening and dental imaging.
Differentiator
Problem solved
Functional benefit
Brands
- DXF: Digital X-ray Film - Ultra-thin flexible digital X-ray detector for industrial radiography and NDT inspection
- NPX
Products and services
- Digital X-ray Film (DXF®) Ultra-thin (less than 1mm thick) flexible, semi-disposable digital X-ray detector for industrial radiography and non-destructive testing. Built on patented NPX® semiconductor ink, DXF® directly converts X-rays into digital images, wraps around 3-inch diameter pipes and larger, and fits confined spaces where rigid detectors cannot operate. Connects to a laptop via USB-C for instant digital results.
- NPX® X-ray Sensitive Semiconductor Ink Patented X-ray sensitive semiconductor ink using bismuth oxide nanoparticles in organic semiconductors to enable direct conversion of X-rays and gamma rays into electrical signals. NPX® forms the technological foundation for Silveray's large-area flexible digital X-ray detectors and is the basis for the DXF® product line.
Quantifiable outcome
- Flexible format wraps around pipes from 3-inch diameter upwards
- +3 more outcomes
Companies that use Silveray
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Silveray technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Silveray partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Tata Steel UK LtdminorCollaborative projects with Tata Steel UK Ltd as part of the seed funding development program, focused on developing X-ray detector material applications for industrial use.
- STFC (Science and Technology Facilities Council) Daresbury LaboratorycoreSilveray maintains a presence at STFC's facilities in Daresbury Lab with close links to the local research community in the North West region of the UK, enabling access to advanced research infrastructure and collaboration opportunities.
Scale indicators4 records
Recent moves8 records
Expansion highlights6 records
Silveray competitors and assessment
Company assessmentDirect peers
- Detection Technology: Detection Technology designs and manufactures X-ray detector solutions and subsystems for industrial, security and medical imaging. It is a direct competitor in the X-ray detector module category with similar OEM customers and end-market focus.
- YXLON International (Comet Group): YXLON, part of Comet Group, supplies industrial X-ray inspection systems for non-destructive testing in aerospace, automotive, electronics and additive manufacturing. It is a direct competitor in industrial NDT radiography systems and a likely channel/customer adjacency for Silveray's DXF technology.
- Varex Imaging: Varex Imaging is a leading global manufacturer of X-ray imaging components, including flat-panel detectors and X-ray tubes used in industrial, medical and security applications. It directly competes with Silveray in X-ray detector hardware serving overlapping industrial NDT and medical imaging end markets.
Emerging players
- Vieworks: Vieworks is a Korean manufacturer of digital X-ray detectors and industrial imaging systems, including flat-panel detectors for NDT and medical radiography. It is an emerging player competing on price-performance in digital X-ray detectors for similar end markets.
- iRay Technology: iRay Technology is a Chinese manufacturer of digital X-ray detectors for medical, industrial and security applications, with a growing portfolio of flat-panel and dynamic detectors. It is an emerging player with overlapping product offerings in industrial and medical digital X-ray imaging.
Broad incumbents
- Konica Minolta: Konica Minolta is a long-established player in digital radiography, mammography and industrial X-ray imaging with a global installed base in hospitals and NDT service providers. It competes with Silveray in flexible and digital X-ray detector solutions serving healthcare and industrial inspection customers.
- Teledyne Technologies: Teledyne (including Teledyne DALSA and FLIR) manufactures imaging sensors, X-ray detectors, and digital radiography components for industrial and scientific applications. It is a broad incumbent with overlapping detector and imaging products targeting similar NDT and security end markets.
- Hamamatsu Photonics: Hamamatsu Photonics is a large Japanese photonics company with broad X-ray detector, sensor, and imaging product lines serving medical, industrial, and scientific markets. It is both a broad incumbent in X-ray detection and an investor in Silveray, with overlapping product categories and customer base.
- Fujifilm: Fujifilm is a global incumbent in medical and industrial X-ray imaging, with a long heritage in radiographic film and a large installed base of digital radiography systems. It competes across the same healthcare (mammography, dental) and industrial NDT verticals Silveray is targeting.
- Canon (Medical Imaging / Industrial): Canon (including its former Toshiba Medical systems) is a broad incumbent in medical and industrial X-ray imaging with a global installed base of digital radiography systems. It competes with Silveray in the same healthcare imaging (mammography, dental, general radiography) verticals and adjacent industrial NDT applications.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Silveray social profiles
Digital presenceSilveray financial estimates
Financial estimateRevenue estimate
Valuation estimate
Silveray leadership team
Management profileNumber of profiles
Profiles5 records
Silveray funding detail
Funding detailFunding overview
Funding rounds4 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Silveray 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 Silveray
What does Silveray do?
Silveray manufactures and sells Digital X-ray Film (DXF®), an ultra-thin (less than 1mm), flexible, semi-disposable digital X-ray detector for industrial radiography and non-destructive testing (NDT). The product is built on patented NPX® X-ray sensitive semiconductor ink technology that directly converts X-rays into electrical signals. DXF® connects via USB-C to a laptop for instant digital imaging and is sold on a pay-per-use pricing model to enterprise buyers in oil & gas, nuclear, aerospace, and shipbuilding sectors.
Is Silveray a public or private company?
Silveray is a private company. It is classified as venture growth investor backed and is currently operating.
When was Silveray founded?
Silveray was founded in 2018. It employs 11 to 50 people.
Where is Silveray based?
Silveray is headquartered in Stockport, United Kingdom, in the Europe region.
How does Silveray make money?
One revenue line is on record: DXF® Digital X-ray Film Sales.
Who are Silveray's main competitors?
Direct peers on record are Detection Technology, YXLON International (Comet Group) and Varex Imaging. Emerging players are Vieworks and iRay Technology. Broad incumbents are Konica Minolta, Teledyne Technologies, Hamamatsu Photonics, Fujifilm and Canon (Medical Imaging / Industrial).
Does Silveray have an API?
No public API is recorded for Silveray.
What industry is Silveray in?
Silveray's product category is Digital X-ray Imaging Equipment. Its primary akta.pro industry code is IMAGAFAI, NDT/NDE Inspection Equipment (Ultrasonic, eddy current, radiography, thermography), with a secondary code of EUAKAIAF, Industrial Radiography & NDT Services (Gamma radiography, source handling, field inspection). Its NAICS code is 33451 and its SIC code is 3844.