Waygate Technologies

What Waygate Technologies does

Waygate Technologies is a Germany-headquartered (Huerth) global provider of industrial non-destructive testing (NDT) solutions, operating as a consolidated business unit of Baker Hughes (NASDAQ: BKR) and currently subject to a definitive $1.45 billion all-cash sale to Hexagon AB announced in April 2026 with closing expected in H2 2026. The company was formed in 2022 by combining 125+ years of legacy inspection brands — Krautkrämer (ultrasonics), Phoenix (CT/X-ray), Everest (RVI), and InspectionWorks (software) — into a single NDT platform spanning visual inspection, radiography, industrial computed tomography, and ultrasonic testing hardware. Its technology stack includes the patented comPAct phased-array electronics (reducing volume/weight 100x and power 20x), the InspectionWorks cloud platform unifying inspection data and workflows, and AI features layered across the portfolio including automated defect recognition, predictive maintenance, NLP-based report generation, and on-device AI accelerators.

Name

Waygate Technologies

Legal name

Waygate Technologies

Website

https://waygate-tech.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Waygate Technologies is a Germany-headquartered global provider of industrial non-destructive testing solutions, offering visual inspection, radiography, CT, and ultrasonic testing hardware integrated through its InspectionWorks cloud platform. The company serves aerospace, oil & gas, automotive, battery, and energy enterprises across 25 global locations and is currently being divested by Baker Hughes to Hexagon AB.

Ownership category

akta.pro rank

Product category

Industrial Non-Destructive Testing Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Analytical Laboratory Instrument Manufacturing (334516), Testing Laboratories and Services (541380), Electronic and Precision Equipment Repair and Maintenance (8112)

SIC

X-Ray Apparatus & Tubes & Related Irradiation Apparatus (3844), Measuring & Controlling Devices, Nec (3829), Services-Testing Laboratories (8734), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

NDT/NDE Inspection Equipment (Ultrasonic, eddy current, radiography, thermography) (IMAGAFAI)

akta.pro secondary industries

Non-Destructive Testing (NDT) & Inspection Services (IMAIACAI), Non-Destructive Testing (NDT) & Advanced Inspection (Phased Array, TOFD, Guided Wave) (EUAEAKAF), NDT/Inspection & Testing Services (Aviation) (IMABALAJ), Corrosion Inspection & Coating/CP Surveys (CUI, CP, DCVG/ACVG) (EUAEAHAF), Industrial Radiography & NDT Services (Gamma radiography, source handling, field inspection) (EUAKAIAF), Nondestructive Testing (NDT) for Aircraft (EDAOAFAI)

Keywords

• Non-destructive testing
• Industrial inspection equipment
• Computed tomography systems
• Remote visual inspection
• Ultrasonic testing

Headquarters

HQ city

Skaneateles

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Inspection Products and Services: Revenue generated from the sale of nondestructive testing equipment, software platforms, and inspection services across aerospace, automotive, energy, and industrial manufacturing sectors.
2. Software Subscriptions and Services: Revenue from InspectionWorks cloud platform subscriptions, software licenses, and digital inspection services.
3. NDT Inspection Services: On-demand inspection services, field services, training, calibration, and system upgrades at global Customer Solutions Centers.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Waygate Technologies designs, manufactures, and sells industrial non-destructive testing (NDT) inspection equipment, software platforms, and inspection services for asset-intensive industries. The portfolio spans video borescopes, industrial computed tomography (CT) systems, digital radiography detectors, and portable phased-array ultrasonic flaw detectors, integrated through the InspectionWorks cloud software platform. The company also provides NDT field services, training, calibration, and autonomous robotics-as-a-service for confined-space inspections.

Product overview

Waygate Technologies is a global leader in industrial non-destructive testing (NDT) solutions, offering an integrated portfolio of inspection technologies and software platforms. The portfolio centers on InspectionWorks, a cloud-based software platform that integrates all inspection components. The hardware portfolio spans video borescopes (Mentor Visual iQ+, Mentor Zoom, Everest Mentor Flex+, Everest Ca-Zoom HD) for remote visual inspection; industrial X-ray and computed tomography systems (Phoenix V|tome|x, Phoenix Nanotom, Phoenix X|aminer) for 3D imaging and metrology; and ultrasonic testing equipment (Krautkrämer PAXYS, USM100, RotoArray comPAct, WheelStar RPS) for flaw detection and thickness measurement. The company serves aerospace, automotive, energy, oil & gas, electronics, battery, and manufacturing sectors across 25 global locations.

Differentiator

Problem solved

Functional benefit

Brands

• Krautkrämer: Ultrasonic testing equipment and systems for industrial inspection applications
• Phoenix
• Everest
• Mentor Visual iQ+
• InspectionWorks
• WheelStar
• USIP
• PAXYS
• Bond Scanner
• SpotVision

Products and services

• InspectionWorks Cloud-based, secure and scalable NDT software platform that integrates every component of nondestructive testing to simplify inspections, enable real-time collaboration, and deliver actionable insights across the inspection workflow.
• Mentor Visual iQ+ Video borescope with high image quality and measurement capabilities, featuring AI-assisted technologies and guided Menu Directed Inspection (MDI) workflows for aerospace engine, power generation, pharmaceutical, and oil and gas inspections.
• Mentor Zoom Pan-tilt-zoom camera system for visual inspection of confined spaces and hard-to-reach industrial environments up to 40 meters depth, with on-device report generation, automatic 3D mesh creation, cloud connectivity, and a built-in AI hardware accelerator for future AI development.
• Everest Mentor Flex+ Flexible video borescope for visual inspection in industrial environments with flexible insertion capabilities for confined and complex spaces.
• Everest Ca-Zoom HD High-definition inspection camera for visual inspection of challenging industrial environments, with a dedicated nuclear inspection camera variant for nuclear facility inspections.
• XL Detect / XL Detect+ Video borescope with advanced defect detection capabilities for industrial inspection applications.
• Phoenix V|tome|x S Neo Industrial computed tomography system for high-resolution 3D inspection and analysis of components across manufacturing and R&D environments.
• Phoenix V|tome|x M Neo Industrial 3D precision metrology CT system for high-accuracy dimensional measurement and defect detection.
• Phoenix Nanotom M Industrial nano CT system for high-resolution sub-micron imaging and analysis of micro-components and materials.
• Phoenix Nanotom HR Sub-micron resolution industrial CT system for detailed internal structure analysis of small and complex parts.
• Phoenix X|aminer 2D X-ray inspection system for electronics and semiconductor production-line inspection, including solder joints and semiconductor packages.
• Phoenix Microme|x & Nanome|x Neo High-resolution micro and nano X-ray inspection systems for fine-pitch electronics, semiconductor packages, and small component analysis.
• Krautkrämer PAXYS Portable phased array ultrasound scanner for corrosion inspection in oil and gas applications, featuring patented comPAct technology that reduces electronics volume and weight by 100 times and power consumption by 20 times, with a modular architecture supporting interchangeable probe modules.
• Krautkrämer USM100 Advanced ultrasonic flaw detector for precise defect detection in industrial NDT inspections.
• Krautkrämer USM36 Portable ultrasonic flaw detector for industrial NDT inspections.
• Mentor UT Ultrasonic flaw detector integrated with the InspectionWorks platform for connected inspection workflows.
• Krautkrämer RotoArray comPAct Compact phased array rotary scanner for ultrasonic testing, leveraging comPAct technology for reduced size and power consumption.
• Krautkrämer WheelStar RPS Fully automated ultrasonic testing system for inspecting dismantled train wheels, combining proprietary phased array matrix probe technology with robotics to complete inspections in six minutes per wheelset and reduce total shift work time by 7-23 percent.
• Krautkrämer USIP|xs CV Automated ultrasonic testing system for comprehensive inspection of industrial components.
• CRxFlex Industrial computed radiography (CR) scanner for computed radiography inspection workflows.
• DXR Flex Detectors (DXR Flex 1025 and DXR Flex 1043) Digital radiography detectors for industrial X-ray inspection, designed to replace film-based radiography in nondestructive testing workflows.
• Phoenix Datos|x Industrial CT acquisition and reconstruction software for computed tomography inspection workflows.
• MDI Builder+ Menu Directed Inspection (MDI) software builder for creating standardized inspection workflows that guide technicians through consistent inspection steps.
• Robotics-as-a-Service Subscription-based autonomous inspection and cleaning robots delivered as a service for confined-space and dangerous industrial environments.
• MyWaygate Digital customer engagement platform for product lifecycle management, order tracking, fleet management with real-time asset insights, and streamlined support and case management for Waygate Technologies customers.

Quantifiable outcome

• Over 10% cost savings in battery manufacturing inspection through multi-modal inspection solutions vs single-modality inspection
• +3 more outcomes

Named customers4 records

Segments9 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Liminal InsightscoreTechnology or Integration · 31 March 2026Strategic technology and channel collaboration to deliver the industry's first integrated multi-modal inspection solution for battery manufacturing, combining Waygate's CT and radiography capabilities with Liminal's AI-driven ultrasound analytics. Joint proof-of-concept at UK Battery Industrialisation Centre demonstrated over 10% cost savings and 12% improvement in defect capture rate vs single-modality inspection.
• GE AerospacecoreStrategic or Co-development Partner · 1 January 2023Joint Technology Development Agreement established in 2023 for developing automated Menu Directed Inspection (MDI) templates for GEnx-1B and -2B engine borescope inspections. The collaboration integrates AI assistance and visual guidance workflows into Waygate Technologies' Mentor Visual iQ+ video borescope to standardize inspections of critical High-Pressure Turbine blades, improve imaging consistency, reduce operator variability, and accelerate technician proficiency.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Evident (Olympus Industrial Solutions): Evident, the spun-out industrial division of Olympus, is the most direct NDT competitor — offering a comparable portfolio of video borescopes (IPLEX series), ultrasonic flaw detectors and phased array equipment, and industrial microscopes that overlap with Waygate's Krautkrämer, Everest, and Mentor product lines across aerospace, energy, and manufacturing customers.
• YXLON International (Comet Group): YXLON is a direct competitor in industrial X-ray and computed tomography inspection, supplying CT systems and X-ray inspection equipment for aerospace, automotive, and electronics — overlapping directly with Waygate's Phoenix V|tome|x, Nanotom, and X|aminer product lines.
• Nikon Metrology: Nikon Metrology offers industrial CT, X-ray, and 3D precision metrology systems that compete head-to-head with Waygate's Phoenix CT portfolio in electronics inspection, additive manufacturing, and precision metrology for aerospace and automotive customers.
• Carl Zeiss Industrial Metrology: ZEISS Industrial Metrology provides industrial CT, X-ray microscopy, and 3D metrology systems competing with Waygate's CT portfolio, particularly in electronics, semiconductor, medical device, and additive manufacturing inspection use cases.
• Bruker (Bruker Nano Analytics / NDT): Bruker offers industrial X-ray micro-CT and NDT solutions competing with Waygate's high-resolution CT and X-ray inspection systems in electronics, materials science, and additive manufacturing segments.
• Teledyne FLIR (now Teledyne Technologies): Teledyne FLIR's thermal imaging and condition monitoring cameras compete with Waygate's remote visual inspection portfolio (Mentor Visual iQ+, Everest, Mentor Zoom) in industrial inspection, predictive maintenance, and RVI workflows.
• Eddyfi/NDT Global (acquired by Previan): Eddyfi/NDT Global provides advanced electromagnetic, ultrasonic, and robotic NDT solutions with overlap to Waygate's Krautkrämer ultrasonic and phased array offerings, particularly in oil & gas, power, and aerospace inspection.

Broad incumbents

• Hexagon AB (Manufacturing Intelligence division): Hexagon's Manufacturing Intelligence division is the acquirer of Waygate and provides complementary surface precision measurement and metrology software (PC-DMIS, QUINDOS) — the combination is positioned to extend surface metrology into interior component analysis via Waygate's CT portfolio.
• Intertek: Intertek is a global testing, inspection, and certification (TIC) services provider operating Waygate's Customer Solutions Center-style service offering at much larger scale across energy, aerospace, and manufacturing end markets — competing on the services side of Waygate's business.
• Bureau Veritas: Bureau Veritas is a global TIC incumbent competing with Waygate's industrial inspection services business across aerospace, oil & gas, power, and transportation verticals through its industry-specific inspection and asset integrity programs.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/WaygateTechnologies/featured
• LinkedInlinkedin.com/company/waygate-technologies

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Waygate Technologies