Inductosense

What Inductosense does

Inductosense Limited is a privately held UK industrial-technology company, spun out of the University of Bristol in 2015, that develops and manufactures the WAND (Wireless And Non-Destructive) system for permanent, battery-free ultrasonic wall-thickness monitoring of industrial pipework and vessels. The product is a thin (1mm) permanently installed sensor that is interrogated wirelessly by either a handheld data collector or an automated remote data collector via magnetic induction, with thickness data flowing into the cloud-based iDART analytics and reporting platform. Variants include ATEX-certified hazardous-area sensors, 180°C high-temperature sensors, radiation-tolerant sensors for nuclear environments, and ECHO/REACH accessories for hard-to-reach locations; the flagship WAND-Online subscription bundles sensors, RDCs, 4G gateway and cloud analytics into a recurring service.

The company serves primarily oil and gas operators (upstream, midstream, downstream and offshore), with secondary exposure to chemicals, nuclear, mining, renewables and OEM-integrated applications. Its go-to-market is a hybrid of direct enterprise sales to supermajors and national oil companies (Shell, BP, Chevron, TotalEnergies, Equinor, Saudi Aramco, Sinopec, Petrobras, Petronas, MODEC) and a growing network of regional channel and technology partners (Presserv, Tecnofink, Sustainergy, Nuri-Cerah, Precision Group, Yokogawa MEA, CSNRI, CorrosionRADAR). Revenue is generated through hardware sales (sensors, data collectors, accessories), the WAND-Online subscription service, iDART software licensing, and training/support services. The company has raised over £8 million in total funding (including a £6M+ round led by Aramco Ventures in 2023), employs 11–50 people at its Bristol headquarters, and reports deployments across 38 countries.

Inductosense's near-term strategic priorities are visible in its 2024–2026 activity: converting hardware pilots into recurring WAND-Online contracts, extending the platform into subsea (Deepstar, Petrobras FPSO), nuclear (radiation-tolerant sensors, Hitachi feasibility study), buried pipelines (WAND-BPS), and net-zero infrastructure (NZTC-funded localised-corrosion sensors), and embedding the technology inside broader industrial-automation stacks via Yokogawa MEA and predictive-analytics partners. The 2025 King's Award for Enterprise (Innovation) provides third-party validation of the underlying technology.

Name

Inductosense

Legal name

Inductosense Limited

Website

https://inductosense.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Inductosense is a Bristol-based industrial IoT company that makes the WAND system—wireless, battery-free ultrasonic sensors and cloud analytics—used by oil and gas, chemical, nuclear and mining operators to monitor internal corrosion and erosion in pipework and vessels.

Ownership category

akta.pro rank

Product category

Industrial Corrosion Monitoring Sensors

NAICS

Other Measuring and Controlling Device Manufacturing (334519), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Corrosion Inspection & Coating/CP Surveys (CUI, CP, DCVG/ACVG) (EUAEAHAF)

akta.pro secondary industry

Condition Monitoring Sensors & IoT (online/offline monitoring, edge devices) (EUADAJAD)

Keywords

• Wireless corrosion monitoring
• Ultrasonic thickness sensors
• Pipeline integrity monitoring
• Non-destructive testing sensors
• Structural health monitoring

Headquarters

HQ city

Bristol

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales - Sensors and Data Collectors: Sale of WAND TM Sensors (perpetual purchase), WAND Handheld Data Collectors, WAND Remote Data Collectors, and accessories (ECHO extensions, REACH). Sensors are permanently installed; data collectors are reusable tools.
2. WAND-Online Subscription Service: Subscription-based remote monitoring service providing automated daily thickness measurements delivered to cloud-based iDART. Includes gateway hardware, RDC units, and ongoing data transmission/analysis services.
3. iDART Software Licensing: Cloud-based and desktop software for data management, analysis, and corrosion rate trending. Available as browser-based or desktop package.
4. Training and Support Services: Customer training, technical support, and project delivery services to ensure successful implementation globally.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Inductosense develops and sells the WAND (Wireless And Non-Destructive) Solution for internal corrosion and erosion monitoring of industrial pipework, vessels, and tanks. The offering centres on thin, battery-free, permanently installed ultrasonic sensors paired with handheld or remote data collectors and the cloud-based iDART analytics platform, enabling wall thickness measurements through insulation, coatings, and composite repairs in hazardous and inaccessible locations.

Product overview

Inductosense offers the WAND (Wireless And Non-Destructive) Solution, a modular wall thickness monitoring system for internal corrosion and erosion monitoring in industrial applications. The core portfolio includes WAND TM Sensors (battery-free ultrasonic sensors permanently installed on pipes/vessels), paired with two data collection methods: the WAND Handheld Data Collector (WAND-HDC) for manual readings and the WAND Remote Data Collector (WAND-RDC) for automated scheduled collection. The ECHO extension cables and REACH pole attachments extend accessibility to hard-to-reach locations. All data flows to iDART, a cloud-based analysis and reporting platform. WAND-Online represents the fully integrated service combining sensors, RDCs, cellular gateway, and iDART for real-time remote monitoring. The upcoming WAND-BPS addresses buried pipe applications. All technology is developed and manufactured in the UK.

Differentiator

Problem solved

Functional benefit

Products and services

• WAND Thickness Monitoring (TM) Sensors Thin (1mm), battery-free ultrasonic sensors permanently installed at thickness monitoring locations on pipework and vessels. Can be embedded under coatings, composite repairs, or insulation for internal corrosion and erosion monitoring. ATEX Zone 0 certified (Ex ia IIC T4...T3 Ga). Available in standard and offset configurations with high-temperature variants up to 180°C and radiation-tolerant variants validated for nuclear environments.
• WAND Handheld Data Collector (WAND-HDC) Handheld device that wirelessly activates and collects wall thickness readings from WAND TM Sensors, enabling manual data acquisition by maintenance technicians without specialist NDT personnel.
• WAND Remote Data Collector (WAND-RDC) Intrinsically safe, battery-powered device that automatically collects wall thickness data from up to 8 WAND TM Sensors at predefined intervals and transmits data wirelessly via Bluetooth 5.0 (up to 200m range). 5-year minimum battery life.
• iDART (Inductosense Data Analysis & Reporting Toolkit) Cloud-based and desktop software for viewing, managing, and analysing wall thickness data to monitor internal corrosion and erosion. Configures WAND devices, performs trending analysis, calculates corrosion rates, and integrates with third-party asset management software.
• WAND-Online Subscription-based remote monitoring service providing fully digitalised corrosion and erosion monitoring with automated daily wall thickness measurements delivered to the desk via the cloud. Combines WAND TM Sensors, WAND-RDCs, cellular gateway hardware, and iDART cloud software with ongoing data transmission and temperature-compensated analytics.

Quantifiable outcome

• 50% extended equipment life achieved through large-scale sensor deployment
• +7 more outcomes

Named customers18 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Eleven partnerships are on record, tiered strategic, core and regional.

• Yokogawa Middle East & Africa B.S.C.strategicTechnology or Integration · 1 June 2026Technology partnership announced with Yokogawa MEA, a regional provider of industrial automation and digital solutions. Collaboration aims to integrate WAND technology with industrial automation systems.
• Petrobras, ABS Group, IPTstrategicStrategic or Co-development Partner · 1 March 2026Joint project to validate WAND sensors for FPSO (Floating Production Storage and Offloading) marine applications. Aims to establish WAND as alternative to manual gauging for marine structures.
• CorrosionRADARstrategicTechnology or Integration · 11 November 2025Partnership highlighted during Aramco keynote at Middle East Corrosion Conference 2025. UK-based CorrosionRADAR offers predictive corrosion analytics, positioning as complementary to WAND monitoring technology.
• TecnofinkcoreChannel Partner/ Reseller/ Distributor · 1 August 2025Partnership extended in Brazil. Tecnofink represents Inductosense as distributor and installer in the region. Companies co-hosted Monitoring 360° customer event.
• Nuri-Cerah Sdn BhdregionalChannel Partner/ Reseller/ Distributor · 1 January 2025Partner in Malaysia that installed WAND system and Stopaq coating at Oil & Gas terminal in Malaysia.
• Sustainergy Energy SolutionsregionalChannel Partner/ Reseller/ Distributor · 1 August 2024Partnership with Qatar-based Sustainergy Energy Solutions for distribution in the Middle East region.
• Summit Inspection ServicesregionalChannel Partner/ Reseller/ Distributor · 1 July 2024Partnership with Summit Inspection Services for distribution and inspection services.
• Precision GroupregionalChannel Partner/ Reseller/ Distributor · 1 January 2024Local partner in Ohio, US that installed 54 WAND sensors and 9 WAND-RDCs across well pad site for WAND-Online deployment.
• PresservcoreChannel Partner/ Reseller/ Distributor · 1 March 2023Presserv represents Inductosense as product distributor and installer in Norway, Denmark, and the UK.
• CSNRIstrategicTechnology or Integration · 1 September 2022Partnership with leading composite wrap solutions company to deliver smart composite repairs with embedded wall thickness monitoring using WAND sensors.
• HitachistrategicStrategic or Co-development Partner · 1 January 2022Feasibility study partnership with Hitachi testing WAND sensors in simulated nuclear power plant environment. Validated sensor performance under insulation and radiation tolerance.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Emerson Electric (Permasense): Emerson acquired Permasense, the most direct wireless non-intrusive corrosion monitoring competitor to Inductosense. It serves oil & gas, refining and chemical operators globally with a broad industrial automation and asset management portfolio.
• Evident (formerly Olympus Industrial): Evident provides ultrasonic thickness gauges and phased array NDT equipment used for the manual UT inspections that WAND aims to replace or complement; it is a dominant incumbent in industrial NDT with a global sales and service network.
• Waygate Technologies (Baker Hughes): Waygate Technologies, part of Baker Hughes, offers a wide portfolio of ultrasonic and eddy current NDT inspection tools, including remote and automated systems used in oil & gas, power and aerospace integrity programs.
• Yokogawa Electric: Yokogawa is a global industrial automation and asset management incumbent and an Inductosense technology partner in the Middle East & Africa, integrating WAND into broader plant asset management solutions for oil & gas and chemical customers.
• Honeywell Process Solutions:

Direct peers

• Cosasco (Halma): Cosasco, part of Halma's safety and sensor portfolio, supplies corrosion coupons, probes and electronic corrosion monitoring instruments used in oil & gas, petrochemical and water applications - directly competing with WAND for integrity monitoring budgets.
• Metal Samples (Halma): Metal Samples, a Halma division, manufactures corrosion monitoring coupons, probes, instruments and test equipment for oil & gas, chemical and water customers, overlapping with Inductosense on industrial corrosion measurement.

Emerging players

• CorrosionRADAR: UK-based CorrosionRADAR provides distributed sensing and predictive analytics for corrosion under insulation, and is named as an Inductosense technology partner. It targets similar O&G and infrastructure customers with a complementary rather than competing data layer.
• Sensuron: Sensuron provides fiber optic sensing platforms for structural health and process monitoring in aerospace, energy and industrial applications, representing an adjacent technology competing for the same structural integrity and condition monitoring budgets.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/inductosense
• Xx.com/inductosense

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Funding overview

Funding rounds5 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inductosense