Scottish maritime technology company RAB-Microfluidics is scaling up manufacturing of a new oil analysis device after receiving £2.2m in a funding round led by Par Equity.
The company has developed and patented a microfluidic ‘lab on a chip’ after identifying a gap in the market to improve oil lubrication analysis. The technology diagnoses early signs of failure, preventing costly machinery break downs in equipment like engines, gearboxes and generators.
The device will be launched later this year, enabling real-time analysis at sea up to 1,000 times quicker and significantly cheaper than land-based laboratories.