qualiTEAS

Market position

A pre-seed stage company with about five employees as of February 2024, operating in AI-based corrosion management and industrial asset inspection. Comparable companies cited include Heuristech, Qticai, Qsee, T2D2, Niricson Software, Optelos, Noteworthy AI and SewerAI.

The company pairs hands-on corrosion inspection services with proprietary machine learning computer vision software (ARGUS 1.21) that assesses corrosion from asset imagery, including near-real-time detection of corrosion and cracks on subsea assets, and integrates into digital twin and predictive maintenance applications.

Technology

ARGUS 1.21 is a machine learning-based computer vision technology that analyzes asset images to assess corrosion impacts and to detect corrosion and cracks in near real time, including on subsea assets. Outputs are designed to feed digital twin applications and predictive maintenance practices.

Go-to-market

The company has used accelerator programs, pitch competitions and ecosystem funding to build visibility, including the Eastern Pacific Accelerator run with Techstars in Singapore, the Ocean Startup Challenge and Ocean Startup Project in Atlantic Canada, and a Cap Vista national security pitch competition. It sells inspection services and software to enterprise industrial customers, with energy-sector infrastructure a stated application.

Enterprise owners and operators of industrial infrastructure and assets, including energy-sector and subsea assets requiring corrosion and crack inspection, and marine/oceantech operators.

Geography

Headquartered in St. John's, Newfoundland and Labrador, Canada, with geographic exposure listed as Canada. The company has participated in programs in Singapore, including the Eastern Pacific Accelerator and a Cap Vista pitch competition.

History

The company was founded in 2018 by graduate students from Memorial University in St. John's. In the fall of 2021 it won $100,000 as a Growth category winner of the Ocean Startup Challenge. In February 2022 it joined the third cohort of the Eastern Pacific Accelerator in Singapore, a bluetech program run by Eastern Pacific Shipping with Techstars, which stated it invested in all cohort members without disclosing amounts. In March 2024 it was one of 12 Ocean Startup Project alumni to receive $5,000 in follow-on funding, and in May 2024 it was among 18 finalists in a national security pitch competition run by Cap Vista, the deeptech investment arm of Singapore's Ministry of Defence.