Iconic founders Erik Skjold and Jarl Endre Pedersen began working together.
In 2007 Industrial Controls founded to supply the oil and gas industry with electrical, instrument and control systems.
Icon Instruments established as a subsidiary to focus on wireless technology products and services.
Icon Instruments attracted ProVenture as external investor and was awarded a LOOP contract with Equinor. This, accompanied by Skattefunn and a IFU contract from Innovation Norway, accelerated the production of the Instrumented Digital Transponder (iDT).
Investinor joined Proventure as an external investor recognising the huge potential of the company.
Company rebranded as Iconic - a fully independent entity focussed on the successful international operational deployment of the iDT system.