Smart Cathodic Protection Monitoring System
Project description and overview:
Corrosion Instruments (CI) has developed a new proprietary system for the monitoring of cathodic protection (CP) on large buried metallic structures such as pipelines, tanks, tunnels, bridges and wharves and other critical infrastructure valued at billions of dollars..
To enable automatic and semi-automatic assembly, testing, inspection, programming and calibration of its new product on-premise, CI’s facilities in Palmerston will require design of custom tooling, scaling up and the introduction of cleanroom facilities. These upgraded facilities will allow the company to commercialise its new product and improve the development process for future products.
The ability to conduct small to medium batch assembly and testing on-site will expedite time to market. It will also allow CI to determine and refine their QC and unit-test procedures and build and test their own automated test equipment in the Northern Territory, removing the need to send prototypes to South Australia to have testing activities undertaken.
This project will allow CI to commercialise the first completed version of its new CP monitoring product. It will also enable CI to undertake ongoing design upgrades and manufacturing small runs of their products at their facility in Palmerston.
- Increased collaboration with other manufacturers
- Increased spending on R&D
- Increased information and communication technology (ICT) intensity
- Increased number of staff with science, technology, engineering, and maths (STEM) skills
- Better qualified employees
- Larger patent portfolio
- Increased levels of automation
- Smarter inventory management
- Greater capital intensity
- Newer equipment
- Greater share of services in total revenue
- Higher trade intensity
- More extensive backward links
- Larger geographical reach
- Corrosion Instruments forecast $4M in revenue over 5 years
- This project is projected to create an additional five jobs during the project and within one year after project completion
Government Funds: $110,000 | Industry: $110,000