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10% equity for $300K in corrosion monitoring app, a good deal?
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The DPR app as allows the entire paint life cycle of the asset to be monitored right from surface preparation and coating application to performance and maintenance.
Interested in 10 per cent equity in return for a $300,000 investment in an AI-powered corrosion monitoring app? Yes! then maybe SteelCorr - Digital Paint Report app would be worth a look that empowers stakeholders to efficiently plan the asset maintenance, extending asset life and improving the ROI.
“The app was first conceptualised in 2016 as a data repository and data sharing app for maritime assets and took over a year to develop. In 2018, after extensive pilot testing and a thorough vetting process, the Digital Paint Report (DPR) app was hosted on the DNV Veracity platform. Artificial intelligence (AI) was added in 2020 to objectively identify corrosion levels and establish maintenance trends for the various areas of