PRNewsWire
27 May 2026, 05:00 UTC · 3h ago
Source · https://www.prnewswire.com/news-releases/aramco-and-emerson-collaborate-on-strategic-corrosion-rd-302778057.html
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Emerson (NYSE: EMR) has entered a strategic R&D collaboration with Saudi Aramco to co-develop next-generation digital corrosion management solutions. — A partnership with one of the world's largest energy companies provides a significant validated use-case and potential revenue stream for Emerson's automation tech.
+0.30Emerson intends to market the resulting corrosion monitoring tools to other industrial sectors beyond Aramco. — The ability to scale a custom solution for Aramco into a broader commercial product increases the long-term total addressable market (TAM) for the technology.
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Emerson announced a strategic R&D collaboration with Aramco to develop next-generation corrosion management solutions.
Aramco is partnering with Emerson to digitalize and transform its strategic corrosion management priorities.
[mutual] Emerson and Aramco are collaborating on strategic research and development for next-generation corrosion management solutions.
[a_to_b] Emerson provides ultrasonic online corrosion monitoring technology and wireless connectivity solutions for Aramco.
