What Nanalysis does

Nanalysis Scientific Corp. (TSXV: NSCI; Frankfurt: 1N1), headquartered in Calgary, Alberta, develops and manufactures portable benchtop Nuclear Magnetic Resonance (NMR) spectrometers — the Nanalysis-100 (100 MHz), Nanalysis-60 (60 MHz), and 60Teach (educational) — built on permanent-magnet technology that eliminates the cryogenic infrastructure required by superconducting high-field systems. The core platform runs on the proprietary RS2D CAMELEON4 engine and is paired with software modules including qNMR (quantitative analysis), Experiment Designer (graphical pulse-sequence editing incorporating Spinit's SeqDev), AUTOsample automation, and Flow Kit accessories for reaction monitoring. Integration with Wiley KnowItAll 2026 enables compound identification without deep NMR expertise, materially expanding the addressable user base.

The company sells primarily via direct enterprise sales through a 'Request a Quote' model, supplemented by the K'(Prime) Technologies channel in North America (Calgary and Tempe) and RS2D in Europe (Mundolsheim, France). Customer verticals span pharmaceuticals/biotech, food science, forensics, education, materials/polymers, mining, and process analytical technology. Acquisitions of One Moon Scientific (2021, software/SaaS), K'(Prime) (2022, distribution), and RS2D (2020, European R&D and sales) have built an integrated hardware-software-services stack. A separate services division is anchored by a reported CAD $160 million long-term contract with the Canadian Air Transport Security Authority (CATSA) to maintain security scanners at over 80 Canadian airports.

FY2025 revenue was CAD $40.1 million (down year-over-year); Q1 2026 revenue of CAD $10.67M was flat YoY but missed consensus. The company returned to positive adjusted EBITDA in Q4 2025 and reported a 62% YoY improvement in adjusted EBITDA in Q1 2026. Recent strategic moves include a quantum-MRI partnership with Germany's NVision Quantum Technologies (June 2026), an expanded IMRIS Imaging collaboration, a Wiley KnowItAll integration (November 2025), and a board refresh adding NMR instrumentation and scaling expertise. Capital remains constrained, with multiple private placements and debt issuances executed in 2025–2026.

Name

Nanalysis

Legal name

Nanalysis Scientific Corp.

Website

https://nanalysis.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Nanalysis Scientific Corp. (TSXV: NSCI) manufactures portable benchtop NMR spectrometers (60–100 MHz) for pharmaceutical, food, forensic, education, and process-analytical customers, and operates a services division anchored by a CAD $160M CATSA security-scanner maintenance contract.

Ownership category

akta.pro rank

Product category

Scientific Instrumentation (Benchtop NMR Spectrometers)

NAICS

Analytical Laboratory Instrument Manufacturing (334516)

SIC

Laboratory Analytical Instruments (3826)

akta.pro primary industry

Material Characterization & Spectroscopy (NMR/FTIR/MS) (HLAGADAK)

akta.pro secondary industries

Mass Spectrometry & Spectroscopy Instruments (HLAGAIAB), Analytical Instruments & Chromatography Systems (HLAGAIAA), Process Analytical Instrumentation (Gas analyzers, spectroscopy, pH/ORP, conductivity) (IMAGAFAE)

Keywords

• Benchtop NMR spectrometers
• Nuclear magnetic resonance instruments
• NMR spectroscopy software
• Magnetic resonance imaging
• Scientific laboratory instruments

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. NMR Hardware Sales: Sale of portable benchtop NMR spectrometers including Nanalysis-100, Nanalysis-60, and 60Teach models along with accessories such as AUTOsample and Flow Kit. One-time capital equipment sales with optional software modules.
2. Software Licensing and SaaS: Revenue from software licensing and SaaS offerings following the acquisition of One Moon Scientific (magnetic resonance software company). Includes qNMR software module and other software packages.
3. Security Services (CATSA Contract): Services division anchored by a $160 million long-term contract with Canadian Air Transport Security Authority (CATSA) to maintain security scanners at Canadian airports. Recurring service revenue with strong growth (18% YoY in Q1 2026).
4. Service and Support: Installation, maintenance, and support services for NMR instruments. Provided through K'(Prime) Technologies for North American customers.
5. IQ/OQ Qualification Services: Installation Qualification/Operational Qualification (IQ/OQ) services for qualifying Nanalysis benchtop NMR instruments at customer sites for regulatory and GxP compliance.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Nanalysis Scientific Corp. develops and manufactures portable benchtop Nuclear Magnetic Resonance (NMR) spectrometers (60 MHz and 100 MHz models) for chemistry analysis in pharmaceutical QC, drug discovery, food authentication, forensic drug detection, mining/materials, academic teaching, and process analytical technology applications. The company also sells NMR software modules, accessories (AUTOsample and Flow Kit), compact MRI systems, and operates a managed services division providing security scanner maintenance to government customers.

Product overview

Nanalysis Scientific Corp. manufactures portable benchtop Nuclear Magnetic Resonance (NMR) spectrometers for various industries. The product portfolio centers on three main benchtop NMR spectrometers: the Nanalysis-100 (100 MHz), Nanalysis-60 (60 MHz), and 60Teach (educational model). The Nanalysis-100 is the flagship high-performance platform built on the RS2D CAMELEON4 engine, offering advanced capabilities including 2D NMR, pulsed field gradients, and flow NMR. The Nanalysis-60 and 60Teach serve different market segments, with the 60Teach optimized for teaching applications. Software add-ons include the qNMR module for quantitative analysis, IQ/OQ qualification services, and the Experiment Designer for pulse sequence programming. The company also offers MRI products and high-field NMR solutions, having acquired One Moon Scientific (software) and expanded through partnerships. Integration with Wiley KnowItAll enables spectral database searching and compound identification.

Differentiator

Problem solved

Functional benefit

Brands

• Nanalysis-100: High-performance 100 MHz benchtop NMR spectrometer with advanced features including 2D NMR experiments, pulsed field gradients, and flow capabilities. Built on RS2D CAMELEON4 engine.
• Nanalysis-60
• 60Teach
• NMReady-60
• RS2D

Products and services

• Nanalysis-100 Benchtop NMR Spectrometer High-performance 100 MHz benchtop NMR spectrometer built on the RS2D CAMELEON4 engine, offering market-leading field strength with support for 1D and 2D NMR experiments, pulsed field gradients, flow NMR, and custom pulse sequence programming. Targeted at pharma, academic, and industrial analytical labs needing advanced NMR capability in a benchtop form factor.
• Nanalysis-60 Benchtop NMR Spectrometer High-performance 60 MHz benchtop NMR spectrometer that leverages advancements from the Nanalysis-100 platform, offering advanced features and flexibility for both routine QA/QC use and expert-level applications. Targeted at pharmaceutical QC, academic, and industrial labs needing accessible NMR at a lower price point.
• 60Teach Benchtop NMR Spectrometer Streamlined, affordable 60 MHz benchtop NMR spectrometer designed specifically for teaching NMR spectroscopy in undergraduate and graduate academic laboratories, with simplified operation and educational sample kits.
• Nanalysis MRI Systems Compact, portable benchtop MRI instruments and related magnetic resonance imaging technology, including a strategic partnership with NVision Quantum Technologies GmbH for quantum-enhanced MRI platforms.
• Nanalysis High-Field NMR Systems High-field NMR instruments and related technology for customers requiring higher magnetic field strengths than benchtop systems can deliver, expanded through the Quad Systems AG partnership.
• qNMR Software Module Standalone quantitative NMR software module that automates creation and editing of qNMR assays with predefined acquisition parameters and calibrant information, enabling technicians to run purity assays without deep NMR expertise. Targeted at pharma QC and industrial analytical labs.
• Experiment Designer Software Module Standalone advanced software module enabling NMR users to create and modify pulse sequences via an intuitive graphical interface without requiring coding knowledge. Incorporates Spinit's SeqDev (Sequence Development) platform from RS2D and can be used as a teaching tool for NMR fundamentals.
• Nanalysis AUTOsample (100 and 60 models) Top-mount autosampler accessory compatible with the Nanalysis-100 and Nanalysis-60 benchtop NMR spectrometers, maximizing throughput by improving sample handling during and after work hours for routine QA/QC workflows.
• Nanalysis Flow Kit (100 and 60 models) Flow cell accessory for the Nanalysis-100 and Nanalysis-60 that enables in-situ chemistry, real-time reaction monitoring, and process analytical technology (PAT) applications in chemical process and reaction monitoring workflows.
• IQ/OQ (Installation Qualification/Operational Qualification) Services Professional on-site qualification service for Nanalysis benchtop NMR instruments covering Installation Qualification and Operational Qualification, performed at customer sites after installation, relocation, or periodically to support regulatory and GxP compliance for pharmaceutical customers.
• Security Scanner Maintenance Services (CATSA) Recurring managed services for security equipment maintenance at airports, anchored by a $160 million long-term contract with the Canadian Air Transport Security Authority (CATSA) covering 80+ Canadian airports, with security services segment revenue growing 18% YoY in Q1 2026.

Quantifiable outcome

• Successfully modified official USP-NF monograph method to lower field requirements from 6 Tesla (250 MHz) to 1.4 Tesla (60 MHz) for Hydroxypropyl Betadex analysis
• +3 more outcomes

Named customers4 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature8 records

Partnerships

Five partnerships are on record, tiered core and major.

• NVision Quantum Technologies GmbHcoreStrategic or Co-development Partner · 23 June 2026Strategic partnership for Nanalysis to supply six NMR spectrometers to support NVision's POLARIS quantum-enhanced MRI platform. This represents Nanalysis's entry into the quantum technology market for medical imaging applications. NVision is based in Germany.
• IMRIS ImagingmajorStrategic or Co-development Partner · 23 June 2026Expanded collaboration with IMRIS Imaging for magnetic resonance market opportunities. IMRIS specializes in intraoperative MRI and related imaging technologies.
• WileymajorTechnology or Integration · 14 November 2025Wiley announced support for Nanalysis NMR instruments in their KnowItAll 2026 platform, enabling precise compound identification for benchtop NMR users through the KnowItAll database and software integration.
• Quad Systems AGmajorStrategic or Co-development Partner · 18 January 2022Letter of intent for strategic partnership and potential merger to expand into high-field NMR market. Deal involved CHF 1 million loan, equity investment, and option to acquire all of Quad Systems within a year. Zurich-based NMR company.
• Spinit (RS2D)coreTechnology or IntegrationIncorporation of Spinit's SeqDev (Sequence Development) platform from RS2D into Nanalysis's NMRGUI software, enabling graphical pulse sequence editing for advanced NMR experiments.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Bruker Corporation: Bruker is the global market leader in NMR spectroscopy through its Bruker BioSpin division, offering high-field and benchtop NMR systems, EPR, and preclinical MRI. New Werner Maas (former Bruker BioSpin leader) joining Nanalysis's board signals the direct competitive overlap and the talent linkage between the two firms in NMR instrumentation.
• Thermo Fisher Scientific: Thermo Fisher Scientific is a broad incumbent in analytical instruments including NMR, mass spectrometry, and chromatography serving pharma and biotech. While not a benchtop NMR specialist, it competes in adjacent analytical instrument categories that Nanalysis's customers evaluate alongside NMR purchases.
• Agilent Technologies: Agilent is a major analytical instrument manufacturer serving pharmaceutical, chemical, and food testing markets. Its NMR and chromatography product lines overlap with Nanalysis's pharma QC and food authentication use cases, though Agilent lacks Nanalysis's benchtop specialization.
• Oxford Instruments: Oxford Instruments manufactures NMR spectrometers and related analytical tools, with a presence in industrial and academic markets. As an established NMR vendor, it represents overlapping product capabilities with Nanalysis, particularly in research and industrial QC applications.
• Shimadzu Corporation: Shimadzu manufactures analytical and measuring instruments including spectroscopy and chromatography systems serving pharma, food, and chemical markets. It competes with Nanalysis for analytical instrument budget in pharma QC and applied testing labs across Nanalysis's core verticals.
• Hitachi High-Tech: Hitachi High-Tech produces analytical instruments including NMR, electron microscopes, and spectroscopy tools serving materials science and life sciences. As a broader analytical instrument incumbent, it represents adjacent competitive pressure particularly in materials and applied research segments.

Direct peers

• JEOL Ltd. JEOL manufactures NMR spectrometers and mass spectrometers with a strong installed base in academic and research markets. As one of two primary NMR instrument vendors globally, JEOL is the most directly comparable competitor to Nanalysis in core benchtop and high-field NMR product lines.
• Magritek: Magritek specializes in compact and benchtop NMR instruments using permanent magnet technology, directly competing with Nanalysis's benchtop NMR product line. Both companies target educational, industrial QC, and reaction monitoring applications with similar form-factor products.

Emerging players

• T2 Biosystems: T2 Biosystems applies compact magnetic resonance technology for clinical diagnostics, particularly for rapid sepsis detection. While focused on IVD applications, it shares Nanalysis's core compact MR technology platform and represents a comparable emerging player in non-traditional NMR applications.
• PicoSpin (formerly of Thermo Fisher): PicoSpin pioneered benchtop NMR spectroscopy before being acquired by Thermo Fisher. Its product line represents the closest historical direct competitor to Nanalysis's portable NMR platforms and demonstrates both the market viability and the incumbent acquisition risk in this niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nanalysis-corp.
• Xx.com/Nanalysis
• Facebookfacebook.com/nanalysis

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds13 records

Investors6 records

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

M&A4 records

Investments

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

Frequently asked questions about Nanalysis