Company profile: Square Robots
1.1 - Company Overview
Company description
- Provider of autonomous robotic inspection systems for aboveground storage tanks in oil and gas, including SR-3 for low-flashpoint products (gasoline, ethanol) deployed via a side launcher, and SR-1 for high flashpoint products per API 653. Offers in-service tank inspection with non-destructive data collection and big data solutions delivering high-resolution ultrasonic datasets for risk-based analysis and asset management using ML/AI.
Products and services
- In-Service Tank Inspection: Delivers autonomous, in-service inspection of aboveground storage tanks kept full of product, using robots to collect non-destructive test data
- SR-3: A next-generation, industrial-grade robot for inspecting aboveground storage tanks containing low-flashpoint products like gasoline and ethanol, deployed using the side launcher system
- Big Data Solutions: Offers analytics-driven, high-resolution ultrasonic data sets from tank inspections, enabling advanced risk-based analysis, machine learning, and artificial intelligence for asset management
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Square Robots
Corfin Industries
HQ: United States
Website
- Description: Provider of microelectronics component preparation for semiconductor/electronics OEMs, preparing components for PCB assembly and offering die/wafer processing (thinning, dicing, plating, inspection, storage), component modification (BGA reballing, robotic hot solder dip, lead/CGA attach, trim/form), inspection, solder coating, scanning, leak testing, high-reliability components, power (DC-DC converters, EMI filters), RF solutions, and MIL-STD-1553 couplers, transformers, and harnesses.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Robotnik
HQ: Spain
Website
- Description: Provider of mobile robots and mobile manipulators for industrial applications, including material transport, logistics, warehouse management, assembly, inspection, and hazardous environment data collection. Offers engineering and research project development in mobile service robotics, covering all phases from concept to completion with customization. Products include RB-ROBOUT, RB-KAIROS+, RB-WATCHER, and RB-THERON.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Franka
HQ: Germany
Website
- Description: Provider of cutting-edge robotic hardware and software, including industry-certified robotic systems for easy automation integration and intuitive, plug-and-use programming (Franka Production 3), a platform for AI and robotics research (Franka Research 3), a fully integrated 2-finger gripper (Franka Hand), modular app packages and RIDE for custom apps and third-party integration, plus NVIDIA Isaac Sim for virtual development and testing.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Adept Technology
HQ: United States
Website
- Description: Provider of intelligent vision-guided robotics systems and services, delivering unmatched performance and economic value across the production lifecycle. Solutions enable precision, quality, and productivity in assembly, handling, and packaging processes.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Roboteq
HQ: United States
Website
- Description: Provider of electronic DC motor drives for mobile robots, electric vehicles, and other industrial motion control applications.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Square Robots
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Square Robots
2.2 - Growth funds investing in similar companies to Square Robots
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4 - Top valuation comps for Square Robots
4.2 - Public trading comparable groups for Square Robots
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