Ground water monitoring.
Employees: 20
Market regions:
USA
Main Markets:
Oil and Gas Refineries, Pipelines, Power and Nuclear Power Stations.
Overview
MARGAN PHYSICAL DIAGNOSTICS LTD (formerly Margan M.L.S (1994)
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Ltd.) manufactures and sells a Passive Multi Layer Sampler for
groundwater monitoring, characterization and remediation.
MARGAN developed the Quantitative Acoustic Emission (QAE) Non
Destructive Inspection (NDI) technology. The QAE NDI is about to
revolutionize the way power stations inspect their High Energy
Piping (HEP) and other critical plant components for cracks and
other type of flaws.
QAE NDI is capable of inspecting the HEP during operation,
locating flaws, Identify their type, quantitatively assessing
their stress intensity (danger level), and monitoring the
dynamics of their development. All this is done in less than 20%
of the current NDI cost. QAE NDI bridges the gap between emerging
conflicting needs of the aging power industry, to cut maintenance
costs and at the same time intensifying the inspection of their
HEP.
The economical impact of groundwater pollution and the
enforcement of their cleanup by the various environmental
protection authorities, creates a market for monitoring of
pollution in groundwater. An accurate characterization of the
pollution is essential for an efficient cleanup. Such accuracy
can be achieved by obtaining a representative accurate sample of
the groundwater.
The DMLS provides an answer for this need, which is driven in the
USA by the Environmental Protection Agency (EPT) and other
federal and state regulators. In other western markets this need
is driven by corresponding legislative authorities.
The estimate for the world market is about 4M relevant monitoring
wells, 25% in the USA. This market size represents a market
potential of US $4 Bill ($1,000 per well).
MLS is planning to reach a market share of 3-4% in 5 years, US
$120,000,000 in sales, US $50,000,000 in ex factory prices.
R&D objects:
Products
Available R&D facilities
Annual R&D expenditure (MU$): 100
