![]() Waygate Technologies Waygate Technologies (formerly known as GE Inspection Technologies) is an industrial inspection solutions company offering non-destructive testing (NDT). | ![]() Magnetecs Magnetecs designs and manufactures a robotic Catheter Guidance Control and Imaging (CGCI) system for minimally invasive medical procedures. | ||
Founding Date | Founding Date 2018 | Founding Date 2018 | Founding Date 2003 |
Type | Type Subsidiary | Type Private | Type Private |
Tags | |||
Locations | Locations Hürth, DE HQ | Locations Seongnam-si, KR HQ | Locations Lennox, US HQ |
Employees | Employees 420 | Employees 636% decrease | Employees 7 |
Financial | |||
Revenue (est.) | Revenue (est.) €281.1m (FY, 2020) | Revenue (est.) ₩15b (FY, 2024) | Revenue (est.) N/A |
Cost of goods | Cost of goods €160.6m (FY, 2020) | Cost of goods ₩15.9b (FY, 2024) | Cost of goods N/A |
Gross profit | Gross profit €123.6m (FY, 2020) | Gross profit (₩909.2m) (FY, 2024) | Gross profit N/A |
Net income | Net income (€46m) (FY, 2020) | Net income (₩13.9b) (FY, 2024) | Net income N/A |
Funding | |||
Latest funding round | Latest funding round N/A | Latest funding round $ 5.8m (almost 6 years ago) | Latest funding round $ 4.4m (over 10 years ago) |
Total funding raised | Total funding raised N/A | Total funding raised $ 7m | Total funding raised $ 12.4m |

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Magnetecs designs and manufactures a robotic Catheter Guidance Control and Imaging (CGCI) system for minimally invasive medical procedures.
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