Smart Component Technologies Ltd (SCT) is a UK-based startup that specializes in providing remote condition monitoring solutions for safety and performance critical assets in the Rail, Oil & Gas, mining, and Offshore Wind industries. Founded in 2011, the company offers innovative monitoring technologies, including SWIX, a monitoring device for assessing track substructure and critical switch components and Smart Washer, a clamp force sensing technology for remotely monitoring mechanical integrity of bolted connections. SCT's solutions are designed to facilitate the transition to condition-based or risk-based maintenance regimes, delivering operational benefits such as extended asset life, reduced in-service failures, minimized downtime, and optimized maintenance activities. In January 2017, the company received a €50.00K grant investment from EASME - EU Executive Agency for SMEs, fueling its growth and development in the industrial and manufacturing sectors. With its commitment to pioneering remote monitoring technologies, SCT stands as a leading provider in the industry, offering a valuable proposition for potential investors seeking innovative solutions for critical asset management.
Funding Stage | Amount | No. Investors | Investors | Date |
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Grant | €50.00K | 1 | EASME - EU Executive Agency for SMEs | 01 Jan 2017 |
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