dots nano (ASX:DTZ) has secured its first commercial order for its DotzShield tagging solution from a leading U.S.-based provider of oilfield technology services. The value of this contract is approximately $340,000.

DotzShield enables real-time detection and dosing control of corrosion inhibitors used in the oil and gas industry.

Traditionally, detecting and quantifying corrosion inhibitors in oilfield drilling fluids has required sending samples to off-site laboratories, a process that can take weeks or months. However, DotzShield allows on-site monitoring, reducing analysis time and avoiding the costly risks associated with overdosing or underdosing corrosion inhibitors.

This order follows five years of joint collaboration and development between Dotz Nano and the client, which includes scaling up and field testing the technology at various locations across North America.

This sale marks a milestone on Dotz Nano’s path to commercialization and validates the practical application of the tagging solution in industrial environments.

Dots Nano shares are trading 3% lower at 9.7 cents.