Core Viewpoint - NameSilo Technologies Corp. has entered into a letter of intent to acquire 100% of SewerVUE Technology Corp., a company specializing in large-diameter pipe inspection technology [1][5]. Company Overview - SewerVUE Technology Corp. is recognized for its innovative inspection technologies, including pipe-penetrating radar and multi-sensor inspections, which provide reliable data for infrastructure maintenance [2][4]. - The company utilizes advanced robotic inspection vehicles to gather data on voids, wall thickness, sediment volume, and reinforcement cover, aiding in the assessment of the remaining useful life of linear assets [3]. Acquisition Details - The acquisition will involve NameSilo paying C$2,450,000 to SewerVUE shareholders as part of the definitive share purchase agreement [5]. - The closing of the acquisition is contingent upon the completion of due diligence and the satisfaction of conditions outlined in the definitive agreement [6]. Industry Position - SewerVUE serves a diverse clientele, including municipalities, mining corporations, and engineering firms, and is a leader in multi-sensor inspection technologies, employing methods such as LiDAR, sonar, and HD-CCTV [4].