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Company Research Report: Planys Technologies



Company Overview



Name and Mission


  • Name: Planys Technologies

  • Mission: Planys is committed to pioneering cutting-edge technologies in marine robotics, non-destructive testing (NDT), and intelligent data analytics & reporting, aimed at transforming how underwater asset inspections are conducted across maritime, infrastructure, and energy sectors.


Founding and Key People


  • Founded: Incorporated in 2015, though the journey started in 2012.

  • Founders: Founded by alumni and faculty from IIT Madras.

  • Key People: Specific key people names were not provided in the data. One mentioned member is Santhosh Ravichandran, Lead - Engineering.


Headquarters


  • Location: No. 5 Jaya Nagar Extension, Balaji Nagar Main Road, G.K. Avenue, Puzhuthivakkam, Chennai 600091, Tamil Nadu, India.


Number of Employees


  • Employees: No specific number of employees is available.


Revenue


  • Revenue: No information is available.


Company Focus


  • Known For: Advanced underwater inspection solutions using robotic technology and intelligent analytics, safe unimanned ROV operations in hostile conditions, domain expertise, and innovation in technology designed and developed indigenously in India.


Products



Offered Products


  • Underwater ROVs: Includes models like ROV Mikros.

  • NDT & NDE Technologies: Specializes in novel non-destructive testing solutions for maritime inspections.


Product Descriptions and Features


  • High Level Description: Safe and effective robotic vehicles for underwater inspections, coupled with intelligent analytics tools and bandwith for extended operations in challenging environments.

  • Key Features:

  • Unmanned operations

  • Robust design for hostile environments

  • Digital reporting dashboard with AI-enabled analytics

  • Enhanced accuracy and reliable data reporting

  • Indigenously developed technologies


Recent Developments



Developments


  • Planys has developed advanced underwater NDT methods for clients in Europe that enhance speed and safety.

  • Involved in the development of the world's first underwater NDE sensors, currently in field trials.


New Products and Features


  • ROV Mikros: New generation remote-operated vehicle ready for challenging applications in the process industry, enhanced through a grant from BPCL's 'Project Ankur.'


Partnerships


  • Significant Partnerships: Collaborative projects with BPCL to serve the oil & gas sector, and field tests with European clientele for marine terminal inspections.


Accreditations


  • ISO 9001:2015: Quality certification for management systems, obtained in the third year since inception.

  • RINA Certification: Authorized service supplier for underwater inspection in lieu of dry-dock (UWILD), certified by the classification society RINA.


Awards and Recognition


  • Recognized as the Breakthrough Dam Safety Technology Company of the Year 2021 by Aqua Foundation Academy.

  • Featured in Forbes Asia 100 to Watch Companies List and Forbes 30 under 30 Asia under various categories from 2016 to 2021.


Additional Information



Planys Technologies operates with a strong commitment to safety, integrity, quality, and innovation. Their operations echo the 'Make in India' initiative, underscoring their emphasis on indigenous development and deployment of technology. They have a comprehensive advisory board and investor support from notable entities such as Shell, BPCL, and more.
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