LONDON, Dec. 6, 2024 — Business Worldwide Magazine has recognized Optronics Technology AS as one of the “20 Most Innovative Companies to Watch, 2024”. This award acknowledges organizations driving industry transformation through pioneering innovation and sustainable practices. The companies honored this year—from healthcare and construction to energy and banking—share a common goal: creating scalable, disruptive solutions to challenge established markets.

Established in 2018 by industry veterans Lasse Irvam, Preben Storås, and Even Rognlien, Optronics Technology AS has quickly become a leader in optical gas detection. Leveraging Norway’s expertise in infrared gas detection, the company is advancing technologies across oil and gas, marine, infrastructure, and green energy sectors.

A history of excellence 

Optronics Technology AS was founded on a commitment to revive and build upon Norway’s gas detection technology expertise. Its origins are rooted in early infrared gas detection innovations developed in partnership with SINTEF, a leading independent research organization in Europe.

Following the 2017 relocation of industry production overseas, the company’s founders acted swiftly to restore Norway’s leadership. Their objective was clear: to engineer the world’s most advanced infrared gas detectors while prioritizing sustainability and operational efficiency.

“At Optronics, we’re not just developing technology; we’re setting a new standard for innovation and responsible gas detection,” says CEO Lasse Irvam.

Sustainability as a core principle

Optronics Technology AS prioritizes sustainability in all its operations. The company’s production capacity of 20,000 units is designed for scalability, enabling it to meet growing global demand while minimizing environmental impact.

Central to its sustainability strategy is a bulk distribution model that optimizes logistics, reduces packaging waste, and uses recycled materials throughout the supply chain. This significantly lowers the company’s carbon footprint while maintaining operational efficiency.

“Our commitment to sustainability isn’t just about adhering to current standards,” says Lasse. “It’s about shaping the future of manufacturing for the benefit of the planet.”

Technological leadership and innovation

Optronics Technology AS is proud of its in-house expertise and fully integrated production process, encompassing microchip design to final assembly. This approach allows for rapid innovation and consistent product quality.

The company’s flagship product, the PG11 optical point detector, exemplifies this commitment. Designed to detect flammable gases and CO2, the PG11 boasts:

• Explosion-proof durability.
• Lifetime factory calibration.
• Advanced condition monitoring for reduced maintenance.

Its modular design ensures seamless integration into various systems, making it a versatile solution for industries with stringent safety requirements. Powered by Solid State Infrared SafeSource technology, the PG11 offers unparalleled stability and reliability, even in challenging environments.

Optronics serves various industries, providing customized gas detection solutions to address specific challenges.

• Oil and Gas: Robust and dependable detectors for hazardous environments.
• Marine: Certified systems engineered for demanding maritime conditions.
• Infrastructure: Gas detection solutions ensuring operational safety in critical sectors like manufacturing and chemicals.
• Green Energy: Advanced detectors supporting safe operations in LNG, biogas, and carbon capture applications.

Future outlook

Optronics Technology AS is poised for continued growth, driven by its steadfast commitment to innovation and sustainability. By pushing the boundaries of gas detection technology, the company is not only addressing present-day challenges but also shaping the future of sustainable manufacturing.

To learn more about Optronics Technology AS and its advanced solutions, visit .

Further information about the 2024 Business Worldwide Magazine Awards, including the Top 20 Most Innovative Companies to Watch list, can be found at  

About Business Worldwide Magazine

Business Worldwide Magazine is a leading source of business and dealmaking intelligence globally. Our quarterly magazine and online news portal provides established corporate dealmakers with the latest news, stories, and developments impacting international markets, corporate finance, business strategy, and legislative changes. Our readership includes CEOs/CFOs, bankers, corporate lawyers, and venture capital/private equity firms.

SOURCE Business Worldwide Magazine