What Talcyon does

Talcyon Pte. Ltd. is a Singapore-based industrial technology company founded in 2017 that develops, sells, and supports hardware and software solutions for non-destructive testing (NDT) of heat-exchanger tubes. Its core product is APRIS (Acoustic Pulse Reflectometry Inspection System), a patented NDT device that inspects any tube shape or material in approximately 10 seconds per tube by emitting and analyzing acoustic pulses to locate internal defects such as corrosion, erosion, pitting, blockages, and wall-thickness variations. The hardware is complemented by TMR (Talcyon Mapping and Reporting), an industrial Software-as-a-Service platform that digitizes inspection workflows from tube-sheet mapping through report generation in roughly five minutes, and integrates with third-party NDT equipment including Eddy Current, MS5800, and Remote Visual Inspection tools. The company also distributes IPCO PED-certified tube-plugging products (IPX1, IPX4) used to seal defective tubes after inspection.

Talcyon generates revenue through three primary streams: one-time APRIS hardware sales (quote-based, multi-year enterprise contracts including training, certification, and warranty), recurring TMR SaaS subscriptions on an annual cadence, and ancillary services such as operator training, maintenance, calibration, and support. Distribution is conducted through direct enterprise field sales, a self-serve SaaS channel on software.talcyon.com, and the Rutledge Group affiliate network — particularly Arise Global's NDT service crews in 18 countries. Target customers are engineering and operations buyers in capital-intensive processing industries including oil and gas (Chevron, Saudi Aramco), petrochemical, chemical, power generation, marine, HVAC, paper and pulp, food and beverage, geothermal, semiconductor, and water treatment, where unplanned heat-exchanger downtime is documented at costs ranging from $22,000 per minute (HVAC) to $260,000 per hour (oil-and-gas refining). Compliance with ASTM E2906/E2906M-18 and ASME BPVC.V-2019 standards supports adoption in regulated industrial environments.

The company operates as a privately held subsidiary within the Rutledge Group, alongside Rutledge Omni Services, Arise Global, Ready Oilfield Safety & Services, LanternEdge, Biqmind, and Pix Vine Capital. Talcyon maintains 11–50 employees, headquarters at 34 Toh Guan Road East in Singapore, GDPR and Singapore PDPA compliance posture, and an active 2024 web presence across talcyon.com, ndt.talcyon.com, and software.talcyon.com. A three-year intellectual-property dispute with Sound Tube Testing B.V. concerning APR technology was resolved through mediation in October 2023, clearing a material overhang on the patent estate.

Name

Talcyon

Legal name

Talcyon Pte. Ltd.

Website

https://talcyon.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Talcyon Pte. Ltd. is a Singapore-based NDT technology company that sells patented APRIS acoustic pulse reflectometry hardware and TMR industrial SaaS software for heat-exchanger tube inspection to enterprise operators in oil and gas, petrochemical, chemical, power, and adjacent processing industries.

Ownership category

akta.pro rank

Product category

Industrial Inspection Equipment

SIC

Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

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

Keywords

• Heat exchanger inspection
• Non-destructive testing
• Acoustic pulse reflectometry
• Tube integrity mapping
• Industrial inspection software

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. APRIS Hardware Sales: Sale of APRIS Acoustic Pulse Reflectometry inspection equipment for heat exchanger tube inspection. Equipment sales include the patented APRIS system capable of inspecting any tube shape and material in 10 seconds per tube.
2. TMR Software Subscription: Industrial Software-as-a-Service for mapping and reporting. Digitalizes inspection workflows, enables report generation, and provides end-to-end workflow management for inspection processes.
3. Training Services: Products Training provided by Talcyon's trainers. Prior to use of Products and Services, Buyer shall attend training and be certified by Talcyon. Training available at cost upon request and prior coordination.
4. Maintenance and Support: First line support via telephone during business hours including system software and drivers reload. Maintenance services for repair of defects and calibration of Products subject to Support Fee payment.
5. IPCO Plugs: IPCO Plugs (IPX1 and IPX4) for sealing heat exchanger tubes. Certified according to Pressure Equipment Directive (PED). Provides safe and reliable tube sealing solution.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Talcyon develops and sells APRIS (Acoustic Pulse Reflectometry Inspection System), a patented NDT hardware device that inspects the internal condition of heat exchanger tubes in under 10 seconds per tube. The company also offers TMR (Talcyon Mapping and Reporting), an industrial Software-as-a-Service platform that digitizes inspection workflows from tube mapping to final report generation. Additionally, Talcyon distributes IPCO Plugs (IPX1 and IPX4) for sealing heat exchanger tubes following inspection.

Product overview

Talcyon offers a dual hardware-software product portfolio. The core hardware product is APRIS (Acoustic Pulse Reflectometry Inspection System), a patented NDT tube inspection device that uses acoustic pulse reflectometry to detect internal defects in heat exchanger tubes in under 10 seconds per tube. Complementing this is TMR (Talcyon Mapping and Reporting), an industrial SaaS platform that digitizes and simplifies inspection workflows including tube mapping and report generation. Additionally, Talcyon distributes IPCO Plugs (IPX1 and IPX4), which are PED-certified tube plugging products used in conjunction with APRIS inspection findings to seal damaged tubes. Together, APRIS identifies tube defects and IPCO Plugs provide the remediation solution, while TMR manages the end-to-end digital workflow from mapping through final reporting.

Differentiator

Problem solved

Functional benefit

Brands

• APRIS (Acoustic Pulse Reflectometry Inspection System): Patented tube inspection technology using acoustic pulse reflectometry for heat exchanger inspection. Inspects any tube shape and material in 10 seconds per tube.
• TMR (Talcyon Mapping and Reporting)
• IPCO Plugs

Products and services

• APRIS (Acoustic Pulse Reflectometry Inspection System)

Quantifiable outcome

• 2,000 tubes inspected every shift
• +4 more outcomes

Named customers4 records

Segments12 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered resolved dispute, core and parent/group.

• Sound Tube Testing B.V.resolved disputeOthers · 6 October 2023Sound Tube Testing B.V. was involved in a three-year legal dispute with Arise Global Pte Ltd (affiliated with Talcyon) concerning infringement of Technology & Intellectual Property Rights related to Acoustic Pulse Reflectometry technology. The dispute has been resolved through intensive mediation. Both parties have decided to start on a new path with mutual cooperation where possible.
• IPCOcoreStrategic or Co-development PartnerIPCO is a strategic partner providing tube plugging solutions that complement APRIS inspection technology. IPCO Plugs (IPX1 and IPX4) seal heat exchanger tubes faster and safer than traditional systems, enabling maintenance without delay after inspection. IPCO products are certified according to Pressure Equipment Directive (PED). The partnership enables end-to-end inspection and maintenance solutions for heat exchanger operators.
• Rutledge Omni Servicesparent/groupOthersRutledge Omni Services is the parent company under the Rutledge Group of companies. Established in 1981, it is an oilfield service company providing H2S safety services for upstream drilling and exploration activities. Operations span 18 countries with offices in UAE, Kazakhstan, Iraq, Indonesia, Pakistan, India, Thailand, and Singapore.
• Arise GlobalcoreStrategic or Co-development PartnerArise Global provides specialized NDT inspection services using advanced techniques including LRUT, Acoustic Emission, Magnetic Flux Leakage, Pulsed Eddy Current, and others. With offices in Abu Dhabi, Indonesia, Egypt, Kazakhstan, Malaysia, and Singapore, Arise Global offers inspection services utilizing Talcyon's APRIS technology.
• Ready Oilfield Safety & ServicescoreChannel Partner/ Reseller/ DistributorEstablished in 1983, Ready Oilfield Safety & Services has grown to be identified as a trusted partner in safety in oilfield sector as well as fire services, petroleum, petrochemical, specialty chemical, pharmaceutical, refineries and marine industries in Singapore.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Olympus Corporation: Olympus is a major industrial NDT equipment manufacturer with a broad portfolio of ultrasonic, eddy current, and remote visual inspection systems used in heat exchanger and tube inspection. Comparable to Talcyon in serving the same NDT use cases, but at vastly larger scale and with multi-method platforms.
• GE Inspection Technologies: GE Inspection Technologies (now part of Baker Hughes) provides ultrasonic and advanced NDT solutions for heat exchangers, pipelines, and power generation assets. Comparable to Talcyon in targeting heat exchanger inspection in oil & gas and power, with a much broader product set and global service footprint.

Direct peers

• Rosen Group: Rosen Group is a global inspection and integrity solutions provider for pipelines and industrial assets, with significant operations in oil & gas heat exchanger and process equipment inspection. Comparable to Talcyon in addressing integrity management for processing industry assets.
• Halfwave: Halfwave is a specialist in acoustic-based inspection technologies for pipelines and industrial assets, including ultrasonic and acoustic resonance methods. Highly comparable to Talcyon's APR acoustic pulse reflectometry approach, addressing similar tube and pipe integrity applications in oil & gas.
• MFE Enterprises: MFE Enterprises manufactures borescopes and remote visual inspection equipment used for heat exchanger and tube inspection. Comparable to Talcyon as a specialized inspection equipment vendor serving overlapping industrial NDT use cases and customer bases.
• Sonatest: Sonatest is a UK-based NDT equipment manufacturer producing ultrasonic flaw detectors and thickness gauges used in industrial inspection including heat exchangers. Comparable to Talcyon as a focused NDT hardware specialist addressing tube and weld inspection in industrial verticals.
• Eddyfi (Eddyfi/NDT): Eddyfi specializes in advanced NDT inspection technologies including eddy current, ultrasonic, and phased array systems for tube and heat exchanger inspection. Directly comparable to Talcyon's APRIS as a specialized NDT equipment vendor serving the same inspection workflows in power generation and petrochemical markets.
• T.D. Williamson: T.D. Williamson provides pipeline integrity and inspection services including ultrasonic and magnetic flux leakage technologies for industrial and energy assets. Adjacent to Talcyon's APRIS in serving asset integrity markets with specialized NDT hardware and services.
• Mistras Group: Mistras Group provides NDT services and equipment for industrial inspection including heat exchangers, piping, and pressure vessels. Comparable to Talcyon in offering both inspection hardware and integrated service offerings, with a much larger global service footprint.

Emerging players

• Innospection: Innospection develops advanced NDT inspection technologies including ultrasonic and eddy current systems for topside and subsea asset integrity. Comparable to Talcyon as a smaller, specialized NDT technology company focused on integrity inspection for oil & gas and industrial operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TalcyonSG
• Facebookfacebook.com/talcyon.talcyon.1
• LinkedInlinkedin.com/company/talcyon

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Talcyon