Structural Vibration Solutions, a spin-off company from Aalborg University located in the adjoining NOVI Science Park, has landed a breakthrough order from Hong Kong for monitoring the prestigious 1.5 km Stonecutters bridge for vibrational damage, and a bigger order from Canada is said to be waiting in the wings, writes financial daily newspaper Børsen.
In Canada, the transport ministry in British Columbia is considering an offer for vibration monitoring for 60 bridges, which Structural Vibration Solutions' sales chief Michael Østergaard has a gut feeling will turn into a concrete order, Børsen reports.
The order from Hong Kong for a custom monitoring system for Stonecutters bridge, one of the longest cable-stayed bridges in the world, is worth DKK 500,000 (USD 102,860), with up to DKK 2m (USD 411m) expected to follow for software and service. The order from Canada, should it materialise, is estimated at between DKK 2.9m and DKK 4.5m (CAD 612m - 950m).
Structural Vibration Solutions develops and sells vibrational analysis systems with software which can reveal damage to structures which is not necessarily visible to the naked eye. The system provides continuous monitoring and gives an alarm signal if any damage is detected. In the case of earthquake aftershocks, the system continuously updates itself to stay vigilant for further signs of damage.
Structural Vibration Solutions' MD Palle Andersen told Børsen that in a matter of 15 minutes, the system can check 60 bridges (an apparent reference to the British Columbia offer) and at the same time identify precisely where any damage on an individual bridge has occurred. "It saves time, money, and in some cases, lives," he commented.
Last year, Structural Vibration Solutions gained DKK 5m (USD 1m) from investor Spar Vest Fonden. The Aalborg-based firm expects revenues to increase by 150% this year and 200% next year, as it intensifies efforts to increase its distribution network.
Besides building and bridges, the company's damage monitoring systems also have applications with wind turbines, and recently the company was contacted by a mining company in Chile which has concerns over structural stability in connection with mine expansion and wants to measure vibration in the mine's walls, reports Børsen.