CorrosionRADAR develops software and hardware to precisely detect and monitor corrosion under pipe insulation, using radar reflection sensors. The hardware module constitutes a long, thin and flexible sensor that is installed along the targeted pipes. CorrosionRADAR is also developing a predictive analytics software platform to detect corrosion at a very early stage. But it is a concentrated market, exposing the company to an imbalance in negotiation power with clients.