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Team:Calgary Entrepreneurial/Project/Executive/
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<p>Our mission is to <b>Build Better Biosensors</b>. Provide a diverse economically viable platform technology to the world, focused on identifying toxic water samples - <b>faster, cheaper, and more reliably</b> than other competitive technologies in the market. </p> | <p>Our mission is to <b>Build Better Biosensors</b>. Provide a diverse economically viable platform technology to the world, focused on identifying toxic water samples - <b>faster, cheaper, and more reliably</b> than other competitive technologies in the market. </p> | ||
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<p>Our overarching goal is to develop a biosensor technology with clear advantages in the oil and gas industry that can revolutionize how current testing is performed. The technologies we are leveraging to build out biosensors have immense flexibility to respond to changing market trends and new market verticals.</p> | <p>Our overarching goal is to develop a biosensor technology with clear advantages in the oil and gas industry that can revolutionize how current testing is performed. The technologies we are leveraging to build out biosensors have immense flexibility to respond to changing market trends and new market verticals.</p> | ||
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| + | <p>FREDsense focuses on the development of novel, field-ready electrochemical detectors for oil sands applications. We are a product and an R&D company based out of Calgary, Canada, focused on synthetic biology and electrochemical biosensors. </p> | ||
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| + | <p>Our flagship product is a general toxin electrochemical sensor for use in water quality testing. The system involves the use of an electrochemical detector unit with a cartridge system to which water samples are added, representing a renewable income stream as customers must continuously purchase new cartridges for each sample tested. Our unique bacterial strain senses the presence of various toxins and reports if the sample has high enough threshold toxicity to be of toxicological concern. </p> | ||
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| + | <p>Our principal market is within environmental consulting and monitoring, specifically for the oil and gas sector. However, our system can be applied to a wide variety of applications, ranging from environmental to health and even manufacturing. The electrochemical system our technology uses is diverse and the general toxin sensor is a first generation product that will allow us to move into various markets over time. Next generation products will include related sensors for a variety of other compounds including sensors for naphthenic acids and hydrocarbons. </p> | ||
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| + | <p>We have developed a technology with distinct market advantages compared to competing products. The components of our system are cost effective as they reduce the per unit cost to our consumer while maintaining valuable profit margins. Secondly, our technology is a rapid detector that is faster than any other system on the market presently. This is a significant competitive advantage, particularly as market conditions evolve to meet more stringent and dramatically increased regulatory requirements for the number of monitored sites.</p> | ||
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Revision as of 15:12, 14 October 2013
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Company Description
FREDsense focuses on the development of novel, field-ready electrochemical detectors for oil sands applications. We are a product and an R&D company based out of Calgary, Canada, focused on synthetic biology and electrochemical biosensors.
Our flagship product is a general toxin electrochemical sensor for use in water quality testing. The system involves the use of an electrochemical detector unit with a cartridge system to which water samples are added, representing a renewable income stream as customers must continuously purchase new cartridges for each sample tested. Our unique bacterial strain senses the presence of various toxins and reports if the sample has high enough threshold toxicity to be of toxicological concern.
Our principal market is within environmental consulting and monitoring, specifically for the oil and gas sector. However, our system can be applied to a wide variety of applications, ranging from environmental to health and even manufacturing. The electrochemical system our technology uses is diverse and the general toxin sensor is a first generation product that will allow us to move into various markets over time. Next generation products will include related sensors for a variety of other compounds including sensors for naphthenic acids and hydrocarbons.
We have developed a technology with distinct market advantages compared to competing products. The components of our system are cost effective as they reduce the per unit cost to our consumer while maintaining valuable profit margins. Secondly, our technology is a rapid detector that is faster than any other system on the market presently. This is a significant competitive advantage, particularly as market conditions evolve to meet more stringent and dramatically increased regulatory requirements for the number of monitored sites.
