Niricson Company Research Report

Company Overview

Name and Mission

Name: Niricson

Mission: To make infrastructure safer by leading the digital revolution in infrastructure condition assessment and risk management.

Founding and Founders

Year Founded: 2020

Founders:

Harsh Rathod, Ph.D., CEO

Aki Tomita, CTO

Key People

Harsh Rathod, Ph.D., CEO and Co-Founder

Aki Tomita, CTO and Co-Founder

Headquarters

Location: Victoria, BC, Canada

Number of Employees

Employees: 11-50

Revenue

No information is available.

Recognition

Forbes Recognition: Secured the 25th spot in Forbes's list of Canada's Best Startup Employers for 2024.

Known For

Niricson is known for its innovative application of artificial intelligence and robotics in structural condition assessment and the development of AUTOSPEX™ and DRONIC™ technologies.

Products

AUTOSPEX™

Description: A patent pending AI-backed platform for defect detection, quantification, and tracking of digital infrastructure conditions.

Key Features:

Defect change detection capabilities using AI and data fusion techniques.

Mapping and quantification of damage like cracks, spalling, alkali-aggregate reactions.

Provides detailed digital visualization, data, and defect analyses.

DRONIC™

Description: A patented multi-layered data collection and fusion architecture.

Key Features:

Incorporates proprietary drone-equipped concrete sounding hammer.

Collects various datasets including optical, acoustic, and thermal data.

Offers precise geo-referenced defect maps for infrastructures.

Concrete Sounding Technologies

NCX Mini, NCX, NDX, NDX-Cart:

UAV-mounted and cart-mounted sensors designed for delamination detection.

Key Features:

Acoustic impactors for various concrete structures.

Captures data faster than manual methods.

Recent Developments

Series A Funding: Raised over $10M CAD in September 2023 for advancing infrastructure condition assessment technologies.

Partnership: Collaboration with Arcadis to scale digital asset management technologies globally.

New Products/Features

No new products or additional features to existing products were reported beyond regular technology enhancements.

New Partnerships

Arcadis Collaboration: Focus on predictive maintenance of bridge infrastructure using AI and robotics.

Awards: Niricson and Arcadis partnership won the Innovation in Bridge Inspection category at the UK NCE Bridges Awards 2024.

Case Studies and Implementations

Industry Applications

Dams and Spillways: Automation of defect identification and condition assessment.

Bridges: Automated inspections to enhance the forecasting and prolongation of bridge health.

Airfields: Repeatable inspections for airfield maintenance with minimal operational downtime.

Notable Projects

Inspection at Toronto Pearson International Airport: Use of advanced AI for runway inspections.

King Street Bridge, Melbourne and Rideau River Bridge, Ottawa: Concrete-sounding technology implementations.

Conclusion

Niricson remains a dynamic and rapidly growing innovator in infrastructure condition assessment, leveraging sophisticated AI and drone technology to enhance safety and efficiency across various infrastructure sectors. This positions Niricson as a key player in transforming traditional infrastructure management practices into a more modern and data-driven approach.