What is NDE Solutions?
NDE Solutions specializes in Radiographic Testing (RT) and offers a comprehensive suite of services including Liquid Penetrant Testing, Magnetic Particle Testing, and Ultrasonic Thickness Testing. Operating with over 25 mobile darkrooms across three locations, the company is adept at delivering high-quality inspection and testing services at competitive production rates. Their primary client base spans the energy, pipeline, and fabrication industries, where NDE Solutions is recognized for its efficiency and reliability, often fulfilling project needs that require rapid deployment and dependable execution.
How much funding has NDE Solutions raised?
NDE Solutions has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$805K
Debt (2020): $350K with participation from PPP
Debt (2021): $805K led by PPP
What's next for NDE Solutions?
The recent major strategic investment into NDE Solutions signals a phase of potential expansion and enhanced service delivery. Given the company's focus on essential inspection services for the energy and pipeline sectors, this capital infusion is likely to support fleet expansion, technological upgrades in NDT equipment, and potentially broader geographic reach. The company's established reputation for efficiency and reliability positions it well to capitalize on ongoing infrastructure development and maintenance demands within its core markets.
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