W.Bruce Rowlands, Chairman and CEO of Eurocontrol Technics Group speaks on the company’s ability to take the lab to the sample.
Eurocontrol has three wholly owned subsidiaries in Israel, at the core of it is a spectral technology called ED-XRF. We found applications across three innovative industries. Energy security, micro-electronics and precision farming and energy security we use it to identify hydrocarbon so think of it as barcodes for oil. Whose is it, what is it, what’s his physical status? This all sort of speaks to the issue of the illegitimate economy which runs it somewhere about seven trillion dollars a year. We also have an offering in quality control in the micro-electronics market we use it to measure metallic content and various components. In farming, we use it to identify nitrogen, phosphates, and potassium. We’ve taken a process that has traditionally taken 10 days for farmers to generate results and ultimately reduce the process to 10 minutes. What really sets us apart on everything we do is we take the laboratory to the field. We don’t take the sample to the lab, we take the lab to the sample. Well I think that Eurocontrol represents a unique opportunity as an investor to have exposure to emerging Israeli technologies.
Eurocontrol is a TSX Venture and OTCQB traded company that specializes in the acquisition, development and commercialization of innovative test and measurement technologies and applications for key growth markets – energy security (fuel marking), ED-XRF equipment, wafer inspection and metrology equipment and precision agriculture – significant markets that combined have potential markets of over US$15 billion annually (1). Eurocontrol has three wholly owned subsidiaries and approximately 50 full time employees located in Israel’s high tech industrial zone — Xenemetrix Ltd., XwinSys Technology Development Ltd. and Croptimal Ltd. The Company also has an agreement with SICPA S.A. of Switzerland for earn-out payments of 5% (minimum $9 million) on revenues generated from the oil and gas marking and monitoring field relating to the sale of its former subsidiary Global Fluids International (GFI) to SICPA in 2016.
With ~1,300 systems installed worldwide, holding a number of patents, numerous certifications and two Frost & Sullivan awards, Xenemetrix is a leader in Energy Dispersive X-Ray Fluorescence (ED-XRF) spectroscopy systems and components for a wide range of industries and applications.
XwinSys’s Onyx, a patented world class metrology technology, was developed in–house with cooperation from major semiconductor manufacturers. The technology behind Onyx is a unique combination of ED-XRF spectroscopic material analysis and image processing technology. Onyx provides the answer to inline micro processor equipment testing overcoming the limitations of entrenched technologies for measuring thin and ultra-thin films for the semiconductor industry.
Croptimal, a company formed in early 2017, is introducing a new mobile material analysis laboratory for the precision agriculture industry based on ED-XRF technology in combination with multi-spectral capabilities which will dramatically change agricultural testing methodology providing for increased crop yields. This state of the art combined technology application provides for automatic preparation of samples of soil, water and critical parts of crops that offers the grower collection, preparation, analysis and submission of results in minutes compared to the current 10 day test cycle.
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