Novitech

Novitech Inc. operates as a specialized technology and service provider for the pipeline industry, focusing on in-line inspection (ILI) and data analytics. Founded in 2015 by Ron Thompson and Marco Campos, the company develops and manufactures highly engineered tools to ensure the integrity and safety of gas and liquids pipeline infrastructure across North America. Ron Thompson, the company's President and CEO, brings over three decades of experience in the ILI sector, having previously founded other inspection companies. The company was established with capital and support from the Campos Family of Companies.

The core of Novitech's business is its proprietary Micron ILI Technology®, which utilizes Magnetic Flux Leakage (MFL) to detect and analyze complex integrity threats. This technology is capable of identifying various anomalies, including corrosion, cracks, deformations, and mechanical damage, often in a single inspection run. The modular design of their inspection tools is a key feature, allowing for rapid, on-site configuration adjustments by technicians to meet specific pipeline requirements. The company serves owners and operators of pipeline infrastructure, providing them with critical data analytics to inform safety and risk-based integrity management decisions.

Novitech's business model is centered on providing comprehensive services that include the deployment of its inspection tools, advanced data analysis, and engineering support. Revenue is generated through these service packages, which offer clients detailed reporting on pipeline conditions. The company emphasizes a quick turnaround for data, with preliminary results delivered in as little as 30 days. In October 2024, Novitech received a significant growth investment from BP Energy Partners to further scale its operations. A notable achievement was the 2024 PPIM Innovation Award for its work on the integrity management of Stress Corrosion Cracking (SCC).

Keywords: pipeline inspection, inline inspection (ILI), magnetic flux leakage (MFL), pipeline integrity, data analytics, corrosion detection, crack detection, pipeline maintenance, asset integrity management, Micron ILI Technology, Ron Thompson, Marco Campos, non-destructive testing (NDT), oil and gas infrastructure, pipeline services, engineering assessment, geohazards detection, metal loss analysis, modular inspection tools, pipeline monitoring