Mistras Group (MG) Noble Capital Markets Virtual Equity Conference summary

Company overview and leadership

• Provides integrated technology-enabled asset protection solutions across industries including oil and gas, aerospace, power, infrastructure, and manufacturing.

• Focuses on maximizing uptime, minimizing outages, and ensuring safety for mission-critical assets.

• Leadership includes an interim CEO, CFO, and specialized roles in services, commercial, and transformation.

• Emphasizes ESG enablement and safety as core values.

Technology and service offerings

• Delivers non-destructive testing (NDT) and evaluation (NDE) using techniques like ultrasonic, radiographic, and acoustic emission.

• Proprietary hardware such as VPAC and robotic crawlers enable advanced asset monitoring and early issue detection.

• Shop laboratories handle component testing, including aerospace parts, with expanded in-house capabilities.

• Data collection and analysis are central, with technicians and automation enhancing efficiency and quality.

Data-driven solutions and software

• PCMS (Plant Condition Management Software) is a core platform for risk-based asset management, acquired from BP.

• OneSuite portal integrates multiple applications, consolidating data from sensors, robotics, and technicians.

• Data solutions enable transition from time-based to risk-based inspections, improving efficiency and value.

• Over two million assets are analyzed globally, with data solutions representing about 10% of revenue and expanding.