Opsens Inc.
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Opsens Inc. - overview
Established
2006
Location
-, QC, Canada
Primary Industry
Telecoms
About
Opsens Inc. specializes in advanced fiber optic sensing technologies, focusing on medical, oil and gas, and industrial applications to enhance performance and accuracy in various sectors. Founded in 2006 in Quebec City, Canada, Opsens Inc. designs and manufactures fiber optic sensing solutions.
The company was involved in a significant funding round on February 28, 2017, raising CAD 5. 000 mn in a PIPE round led by Lumira Ventures. Opsens has completed 2 deals to date. Opsens specializes in the design and manufacture of advanced fiber optic sensing technologies, targeting three sectors: medical, oil and gas, and industrial applications.
Their flagship product, the Fractional Flow Reserve (FFR) pressure guidewire, enhances cardiovascular interventions by providing precise pressure measurements. In the oil and gas sector, Opsens Solutions offers fiber optic sensors that deliver real-time downhole pressure and temperature data, crucial for optimizing production processes. Their clientele includes hospitals, medical facilities, and oil and gas companies, primarily in North America and Europe. Opsens generates revenue through sales of its proprietary fiber optic sensing products and solutions to clients in medical and industrial sectors.
The company typically engages in direct sales and partnerships, ensuring tailored agreements to meet client needs. While specific pricing for products is undisclosed, Opsens balances R&D investment with cost-effective solutions, maintaining demand for its FFR guidewire and industrial sensors. Opsens aims to expand its product line and market reach, with plans to introduce new sensing technologies targeting unmet needs in the medical and industrial sectors. The company is particularly focused on enhancing its offerings in North America and exploring opportunities in Europe by 2025.
The recent funding of CAD 5. 000 mn will support these initiatives, including R&D for upcoming products and market expansion efforts. Following the approval to list on the Toronto Stock Exchange in February 2017, Opsens continues to pursue strategic growth opportunities.
Current Investors
Lumira Ventures
Primary Industry
Telecoms
Sub Industries
Oil & Gas, Therapeutic Devices, Fiber Optics
Website
www.opsens.com
Company Stage
Mature
Total Amount Raised
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Opsens Inc. - employee data
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