Company Announcements

OSLO, Norway , Aug. 26, 2025 /PRNewswire/ -- Hexagon Digital Wave, a subsidiary of Hexagon Composites, has entered into a long-term agreement (LTA) with a premier U.S. Oilfield Services company, to provide exclusive requalification services to their fleet of virtual pipeline trailers. The LTA runs through the end of 2027.

Hexagon Digital Wave utilizes its proprietary Modal Acoustic Emission (MAE) technology to perform in-situ requalification of virtual pipeline trailers. MAE is the most accurate method for the inspection of composite cylinders, ensuring the highest standards of safety and compliance for gas transportation.

"We are proud to partner with this premier Oilfield service company to ensure the reliability and safety of their gas transportation fleet," said Dr. Brian Burks, President at Hexagon Digital Wave. "Hexagon Digital Wave is committed to providing our customers with superior service where they operate. Operating in key customer geographies minimizes downtime and logistical challenges, allowing us to deliver an even more seamless and efficient customer experience."

About the market

The growing demand for alternative fuels has led to a significant increase in compressed gas transport. This is driving fleet owners to seek a safe and efficient method for requalification of composite tube trailers, such as virtual pipeline and Mobile Pipeline® modules, required by regulation every five years in North America.

MAE is a non-invasive testing technology that reduces trailer downtime for requalification while simultaneously providing enhanced information about the structural integrity of the composite laminate that cannot be obtained by the legacy method of hydrostatic testing. Hexagon Digital Wave has pioneered MAE technology and completed the requalification of over 800 composite gas distribution trailers across North America.

Contacts:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Telephone: +47 988 92 161 | berit-cathrin.hoyvik@hexagongroup.com

David Bandele, CFO, Hexagon Composites
Telephone: +47 920 91 483 | david.bandele@hexagongroup.com

About Hexagon Digital Wave
Hexagon Digital Wave, a subsidiary of Hexagon Composites, is the leading digital solutions provider of non-destructive testing methods, which include Ultrasonic Examination (UE) and Modal Acoustic Emission (MAE) inspection products and services. With applications in the oil and gas, industrial gas, fire service equipment, medical oxygen, automotive, alternative fuels, and aerospace industries, Hexagon Digital Wave's goal is to enhance safety in the industries it serves, while simultaneously reducing asset down time.

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at hexagongroup.com and follow @HexagonASA on LinkedIn.

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SOURCE Hexagon Composites ASA