M2M ndt

What M2M ndt does

Eddyfi Technologies (the entity historically referenced in part as M2M NDT, including the former M2M SAS operations in Europe and M2M China operations) is a Québec-headquartered provider of advanced non-destructive testing (NDT) instrumentation, software, probes, scanners, and robotic inspection solutions serving industrial asset-integrity use cases. Founded in 2012 under Eddyfi Holding Inc., the company operates multiple technology modalities including phased array ultrasonic testing (PAUT), eddy current array (ECA), pulsed eddy current (PEC), magnetic flux leakage (MFL), guided wave ultrasonics (LRUT), ACFM, IRIS, TFM, and remote visual inspection (RVI). Its product portfolio spans portable and high-end instruments (Cypher, Ectane 3, Panther 2, Mantis, Reddy, Amigo2, Topaz series, QuartZ, Emerald, MIZ-21C, U41), specialized probes and scanners (PECA and PECA HR probes, underwater PEC probes, Spyne, Sharck HR, Sensu 2, FloormapX, Swift M, Pipescan HD), robotic crawlers (VersaTrax, Probot), and a software ecosystem (Magnifi, Lyft, SIMS PRO, SurfacePro 3D, TubePro, UltraVision Touch) including AI-assisted analysis in Magnifi 5. The software stack supports ECT, NFT, RFT, MFL, and IRIS data with reporting compliant to industry standards such as EEMUA and API 653.

The company monetizes through enterprise quote-based sales of instruments, sensors, and software (including cloud-based license sharing), supplemented by a smaller e-commerce storefront for probes and accessories, plus professional services through the Customer Success Program and Eddyfi Academy training. It serves verticals including aerospace, nuclear power generation, oil and gas (including pipeline and offshore), mining and heavy industry, power generation, rail and transportation, and civil infrastructure, with named solutions specifically targeting corrosion under insulation (CUI), pipeline integrity threats, heat exchanger tubing, turbine, tank, and aerospace structural inspection. Proprietary technology assets include the Pulsed Eddy Current Array (PECA), the patent-pending PECA HR with dual sensors, the SmartPULSE automated parameter optimization algorithm, the patent-pending CWT (Compensated Wall Thickness) tool, and the patent-pending AI-ECT module in Magnifi.

Global scale includes 1,000+ employees, 19 offices across North America, South America, Europe, the Middle East, Africa, and Asia-Pacific, and customer reach into more than 110 countries. The portfolio is augmented by acquired brands retained as distinct product lines: Zetec (nuclear steam generator inspection, acquired 2022-01-11 from Roper Technologies), Sensor Networks (remote monitoring, integrated 2023-05-25), Sisgeo (geotechnical sensing, acquired 2025-06-10), and Pavemetrics, Railmetrics, Huggenberger, Senceive, and Eddyfi Robotics (formerly Inuktun Services). On 2026-06-02 ESAB Corporation (NYSE: ESAB) completed its acquisition of Eddyfi Technologies, transitioning the company to a wholly-owned subsidiary within a focused industrial compounder.

Name

M2M ndt

Legal name

Eddyfi Holding Inc.

Website

https://m2m-ndt.com

Company type

Private

Founded year

2012

Operating status

Acquired

Short description

Eddyfi Technologies (including former M2M SAS and M2M China operations) provides advanced non-destructive testing instrumentation, software, probes, scanners, and robotic crawlers for asset integrity in aerospace, nuclear, oil and gas, power, rail, mining, and civil infrastructure customers across 110+ countries.

Ownership category

akta.pro rank

Product category

Non-Destructive Testing Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

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)

Keywords

• Non-destructive testing
• Phased array ultrasonic
• Eddy current testing
• NDT inspection probes
• Ultrasonic testing instruments

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices18 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Inspection Instruments and Hardware: Sale of NDT instruments including phased array ultrasonic testers, eddy current array systems, pulsed eddy current systems, and related inspection equipment.
2. Software Licenses and Subscriptions: Software products including Magnifi, SIMS PRO, Lyft, UltraVision, and other analysis/reporting software. Cloud-based licensing system for team sharing.
3. Probes and Sensors: Specialized probes including PECA probes, ECA probes, MFL probes, PEC underwater probes, and various inspection sensors.
4. Service and Support: Customer Success Program, training through Eddyfi Academy, and technical support services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

M2M NDT designed and manufactured non-destructive testing (NDT) probes and wedges for ultrasonic and eddy current testing applications, including phased array ultrasonic testing (PAUT) probes. The product line is integrated within Eddyfi Technologies' broader portfolio of inspection instruments, scanners, crawlers, and software platforms used to inspect welds, pipelines, tanks, heat exchangers, and aerospace components. M2M NDT products serve OEMs, asset owners, and inspection service companies in industries such as oil and gas, nuclear power, aerospace, and rail.

Product overview

Eddyfi Technologies provides a comprehensive portfolio of advanced non-destructive testing (NDT) solutions organized around multiple technology platforms and product lines. The portfolio spans inspection instruments (Cypher, Ectane 3, Panther 2, Mantis, Reddy, Amigo2, Topaz series), specialized probes and sensors (PECA probes, ACFM probes, ECT probes, PAUT probes, MFL probes), inspection scanners and crawlers (FloormapX, Swift M, VersaTrax, Probot), and software platforms (Magnifi, Lyft, SIMS PRO, SurfacePro 3D, TubePro, UltraVision). The software ecosystem includes acquisition software (Magnifi GO, Lyft GO), analysis software (Magnifi, Lyft CPN, SIMS PRO, UltraVision Touch), and reporting tools. Key technology families include Phased Array Ultrasonic Testing (PAUT), Eddy Current Array (ECA), Pulsed Eddy Current (PEC), Magnetic Flux Leakage (MFL), Guided Wave Ultrasonics, and Remote Visual Inspection (RVI).

Differentiator

Problem solved

Functional benefit

Brands

• Magnifi: Data acquisition and analysis software for tubing and surface ECA inspections
• SIMS PRO
• Lyft
• Cypher
• Ectane
• Panther
• Floormap
• Reddy
• Sonyks
• Mantis
• VersaTrax
• Zetec
• Pavemetrics
• Railmetrics
• Sisgeo
• Senceive
• Huggenberger

Products and services

• PAUT & UT Probes and Wedges

Quantifiable outcome

• Up to 10x faster inspection compared to single-element PEC probes with PECA array technology
• +3 more outcomes

Named customers6 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

Integration3 records

AI capability3 records

Feature8 records

Partnerships

One partnership is on record.

• ESAB Corporation (NYSE: ESAB)coreStrategic or Co-development Partner · 2 June 2026ESAB Corporation completed acquisition of Eddyfi Technologies on June 2, 2026. ESAB is a focused premier industrial compounder. The acquisition was announced on February 2, 2026 when the definitive agreement was signed.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Mistras Group: Mistras Group is a global provider of NDT services, inspection equipment, and asset integrity solutions. Overlaps significantly with Eddyfi's oil & gas, power, and aerospace verticals through both equipment sales and integrated inspection services.
• Sonatest: Sonatest manufactures ultrasonic flaw detectors, phased array instruments, and transducers used in similar NDT applications as Eddyfi, and competes in the same aerospace, energy, and industrial inspection markets.
• NDT Global: NDT Global specializes in inline pipeline inspection and integrity services using ultrasonic and electromagnetic technologies, directly competing with Eddyfi's pipeline and crack detection product lines like Sonyks and Sharck HR.
• Applus+ Servicios Tecnológicos: Applus+ is a global testing, inspection, and certification (TIC) company that operates both as a service provider and equipment integrator in NDT, directly overlapping with Eddyfi's asset integrity and inspection offerings.
• Waygate Technologies (Baker Hughes): Waygate Technologies is a Baker Hughes portfolio company and one of the largest NDT equipment and inspection solutions providers, competing head-to-head with Eddyfi in ultrasonic, radiography, and remote visual inspection for industrial applications.
• Evident (Olympus Industrial): Evident is the former Olympus Industrial division, a global leader in ultrasonic, eddy current, phased array, and remote visual inspection instruments. Directly competes with Eddyfi across PAUT, ECA, and videoscope product lines serving aerospace, oil & gas, and power generation.

Broad incumbents

• GE Inspection Technologies: GE Inspection Technologies (part of Baker Hughes) provides a broad portfolio of NDT instruments including ultrasonic, radiographic, and eddy current equipment, overlapping with Eddyfi's offerings as part of a wider industrial conglomerate.
• Bureau Veritas: Bureau Veritas is a global testing, inspection, and certification (TIC) major that competes with Eddyfi at the services layer in industrial asset integrity, marine, and energy verticals.

Regional players

• Tracero (formerly Bureau Veritas Oil & Gas): Tracero provides asset integrity and NDT inspection services primarily in Europe and the Middle East, overlapping with Eddyfi's oil & gas and offshore subsea inspection offerings.

Emerging players

• TecScan: TecScan is a Canadian manufacturer of ultrasonic scanning systems and PAUT scanners, often used as a complementary or alternative supplier to Eddyfi in aerospace and industrial NDT applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/M2M_ndt

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries9 records

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 M2M ndt