Micromem Technologies, Inc. engages in the development of based upon proprietary technology, customized magnetic sensor applications for companies. The company is headquartered in Toronto, Ontario. The company went IPO on 2009-01-21. Its solutions include oil sensor solutions, structural integrity sensors, nanoparticle detection solutions and energy storage solutions. Its oil sensor solutions include AROMA tracer detection commercialized product, power transformer oil degradation sensor, MEMS sensor system for real time wear analysis and integrated oil pan plug analysis system. Its structural integrity solutions include powerline monitoring, cement integrity sensor solution and corrosion detection solution. Its nanoparticle detection solutions include a nanoscale fracking sensor and a magnetic nanoparticle detection platform. The company is providing sensor technology and overall system and product integration management for the practical realization of a radical new energy storage system. The company provides solutions for oil and gas, utilities, automotive, healthcare, government, information technology and others.