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MISTRAS Group
MISTRAS Group (NYSE: MG) provides technology-enabled asset protection solutions for energy, industrial, and public infrastructure. Its services evaluate the...
MISTRAS Group
MISTRAS Group (NYSE: MG) provides technology-enabled asset protection solutions for energy, industrial, and public infrastructure. Its services evaluate the structural integrity of critical assets. The company offers a range of solutions for infrastructure assessment.
General information
Firm type
other
Year founded
1978
Location
Region
North America
Country
United States
City
Princeton Junction
Corporate office
Princeton Junction, NJ, United States
Sector focus
Frequently asked questions
How does MISTRAS Group generate revenue?
MISTRAS generates revenue through three service lines: data solutions (software and monitoring), field services (on-site inspection and testing), and in-lab services (materials testing). Clients pay for inspection, monitoring, and data analytics services on a project or contract basis (per the firm website).
What industries does MISTRAS serve?
MISTRAS serves industries that operate critical assets, including oil and gas, petrochemical, power generation, renewable energy (wind), and infrastructure. The firm's technologies inspect pipelines, storage tanks, pressure vessels, and large structures (per the firm website).
Is MISTRAS Group a family office or an operating company?
MISTRAS Group is an operating company publicly listed on the NYSE. It is not a family office, but its asset protection focus may be relevant to family offices and endowments that invest in infrastructure or industrial technology.
What are MISTRAS's proprietary inspection technologies?
MISTRAS has developed several proprietary technologies, including the ART Crawler (digital radiography), Spider Scanner (wind blade NDT), TriStream MFL (pipeline inspection), and MONPAC (acoustic emission testing). These tools are designed for non-destructive testing of critical assets (per the firm website).
Where does MISTRAS operate geographically?
MISTRAS operates in over 40 countries with approximately 100 locations worldwide. The firm is headquartered in Princeton Junction, New Jersey, United States (per the firm website).
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