Investor due diligence on industrial and hardware projects
Independent verification of production capacity calculations, equipment performance parameters, and process engineering assumptions used in the project's financial model and business plan.
Development & Operations Services
Independent technical audits for investment, financing, and strategic decision-making. Engagements include engineering due diligence, technical audit services, and related work — all under NDA.
Overview
Independent technical audits for investment, financing, and strategic decision-making — production capacity, equipment performance, software / firmware, architecture, scalability, and technology readiness. Audit-grade reports under NDA.
Engagements are scoped to a fixed deliverable list before kickoff and run under a written NDA. Daily lab notes and weekly written status keep the work auditable from your side at every step.
Audit-grade evidence
Independent technical assessment — production capacity, software, firmware, scalability.

Audit Lead
Anonymized pre-NDA
When you call us
Patterns we see across engagements. Each can stand alone or combine with adjacent capabilities.
Independent verification of production capacity calculations, equipment performance parameters, and process engineering assumptions used in the project's financial model and business plan.
Technical audit of the engineering and production assumptions behind a financing decision — the questions a credit committee needs answered before issuance.
Verification of software and firmware capabilities, application architecture, development roadmaps, scalability, and technological readiness levels for venture and growth-equity investments.
Independent assessment of an acquisition or integration target's technology stack, production capability, and engineering organization — findings delivered to the strategic partner under NDA.
Verification of the engineering assumptions in operational forecasts — equipment utilization, production cycles, energy use, and the engineering basis for revenue projections.
Independent TRL-style assessment of a technology's readiness for production or commercial deployment, used in grant applications and government-program funding reviews.
Methodology
Vertical phasing — each step's deliverables agreed before kickoff, and not closed until you sign off.
Phase 01
NDA execution, scope letter, and access agreement. The audit's deliverable, evidence requirements, and findings format are agreed in writing before access is granted.
Phase 02
Technical documentation analysis — engineering calculations, drawings, schematics, source code, build artifacts, test data, and supplier records as relevant to the audit scope.
Phase 03
Where source-of-truth verification is needed, the audit may include reverse engineering, binary assessment, prototype inspection, and re-derivation of key engineering calculations.
Phase 04
Production workflow evaluation, equipment performance measurement (where feasible), and verification of the production capacity claims in the financial model.
Phase 05
Structured findings against the original financial-model assumptions — what is verified, what is partially supported, what is not supported, and what should be flagged to the capital committee.
Phase 06
Structured report under NDA — executive summary for non-technical stakeholders, detailed findings for technical reviewers, and an evidence appendix referencing every claim back to the underlying artifact.
Tooling
Named tools, in production. We don't list anything we don't actually use.
Tool
Reverse engineering toolchain (Ghidra / IDA / radare2)
Production use — versioned per-engagement and pinned in our build.
Tool
Source code static analysis
Production use — versioned per-engagement and pinned in our build.
Tool
Production capacity modeling tools
Production use — versioned per-engagement and pinned in our build.
Tool
Engineering calculation verification (structural / thermal / process)
Production use — versioned per-engagement and pinned in our build.
Tool
Bill-of-materials reconciliation
Production use — versioned per-engagement and pinned in our build.
Tool
Engineering documentation analysis
Production use — versioned per-engagement and pinned in our build.
Tool
Prototype inspection and bench testing
Production use — versioned per-engagement and pinned in our build.
Tool
Audit-grade report templates
Production use — versioned per-engagement and pinned in our build.
$ verify capacity --plan operational --target 15M/yr
Capacity verified · constraints documented · 3 findings flagged
$ report --format audit --redact --bind nda
Audit report · 42 pages · evidence appendix · delivered under NDA
$
Deliverables
Artifacts handed over at close-out. Each is reproducible and self-contained.
Sample deliverable
technology-engineering-due-diligence · final report
rev.04 · pdf
Engagement summary
Findings
Our practice
Used by investors, banks, VCs, PE firms, and strategic partners. We verify production capacity calculations, equipment performance, process engineering assumptions, software / firmware capabilities, application architecture, development roadmaps, scalability, and technology readiness levels — and deliver findings as structured audit-grade reports.

Audit-grade reporting
Independent verification of engineering, production, software, and roadmap assumptions used in financing decisions.

Audit Lead
Anonymized pre-NDA

Senior Reverse Engineer
Anonymized pre-NDA

Process Engineer
Anonymized pre-NDA

Software Audit Lead
Anonymized pre-NDA
“Independent technical assessment — the engineering questions a financial model needs answered before you sign the term sheet.”
Cross-industry
Sectors where this work is most often scoped. Cross-link to detailed industry pages for sector-specific context.
ECU, CAN, and aftermarket interoperability.
Engineering Due Diligence for automotiveSustainment for long-life platforms.
Engineering Due Diligence for aerospaceCompliance-aware reverse engineering.
Engineering Due Diligence for medical devicesFirmware extraction and protocol mapping.
Engineering Due Diligence for iot & embeddedPLC and legacy controller recovery.
Engineering Due Diligence for industrial & manufacturingAdversary research and product hardening.
Engineering Due Diligence for cybersecurityQuestions
Pulled from real client conversations. If yours isn't here, ask directly.
Investors, banks, venture funds, private equity firms, and strategic partners — when evaluating financing, credit issuance, acquisitions, or participation in technology-driven and industrial projects. The deliverable is the technical evidence layer underneath a financial decision.
Production capacity calculations, equipment performance parameters, process engineering assumptions, software and firmware capabilities, application architecture, development roadmaps, scalability claims, and technology readiness levels. Each claim in the audit's scope is verified against the underlying engineering artifact, not against the project's own marketing material.
Everything operates under mutual NDA. Source code, schematics, calculations, and proprietary documentation are reviewed in our access environment under the access agreement. Findings reference artifacts; the underlying artifacts are not redistributed.
When source-of-truth verification requires it, yes. The audit may include reverse engineering, technical documentation analysis, source code and binary assessment, production workflow evaluation, prototype inspection, and re-derivation of engineering calculations. Reverse engineering is a means to verify the audit's claims — not the deliverable in itself.
Yes. We accept due-diligence engagements only when we have no engineering or commercial position in the project being audited. The audit's value depends on independence; we are explicit about it in writing.
A structured audit-grade report under NDA. Executive summary for non-technical stakeholders, detailed findings for technical reviewers, and an evidence appendix referencing every claim back to the underlying artifact. The format is built for credit and investment committees, not for marketing reuse.
Pricing depends on the audit's scope, the artifact volume, and the depth of verification required. Most audits run between four and twelve weeks. Engagements start with a paid scoping phase that produces the access agreement and a fixed engagement letter.
Selected work
Engagements where this capability carried significant scope.
Case studies for this service available under NDA
Most of our work in this area is covered by mutual NDA. Request anonymized references during your inquiry — we share them with prospective clients after NDA execution.
More from us
Adjacent capabilities you may need on the same engagement.
Reverse Engineering
Decode binaries. Recover logic. Restore source code.
Explore Software REReverse Engineering
PCB analysis. Schematic recovery. Chip-level reverse engineering.
Explore Hardware REReverse Engineering
Extract, analyze, and document embedded firmware.
Explore Firmware REEngage
All inquiries reviewed under NDA. We respond within two business days with a scoped engagement plan and fixed deliverables list.
Senior engineers · Anonymized pre-NDA