Innovative Monitoring Solutions Synaptec specializes in high-performance photonic sensing systems that leverage existing optical fiber networks, offering advanced monitoring, protection, and control capabilities for electrical power networks. This positions the company well to serve utilities seeking cutting-edge, cost-effective solutions to enhance grid reliability and reduce downtime.
Strong Industry Partnerships Collaborations with industry leaders like Megger and Proserv, along with deployment on prominent projects such as offshore wind farms, demonstrate Synaptec's credibility and capacity to integrate into large-scale, complex energy infrastructure projects, creating opportunities for expanded deployments in renewable energy and grid modernization.
Recent Product Launch The launch of Greenlight, a monitoring solution focusing on high-voltage cable failures, indicates an active product pipeline addressing critical issues in electrical transmission. This new offering opens opportunities for utility companies and infrastructure operators seeking targeted solutions for cable fault detection and maintenance optimization.
Growing Investment and Funding With recent investments totaling over $8 million from notable investors such as Equity Gap and Megger, along with revenues estimated between $10M and $25M, Synaptec is financially positioned for scaling operations, providing a foundation for engaging potential clients with proven financial stability and growth potential.
Global Deployment Footprint Active deployments worldwide and revisions to core electrical sensors that are universally deployable and hardened suggest extensive market reach. There are significant sales opportunities in global markets, especially among utilities and energy developers seeking reliable, scalable sensing and monitoring innovations.