Luna’s Fiber Optic Sensing Products Enhance the Safety of Oil and Gas Pipelines
12 Setembro 2019 - 9:30AM
Business Wire
Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in
advanced fiber optic-based technology, today shared that its fiber
optic sensing technology is becoming adopted for safety and
integrity monitoring in the oil and gas industry.
A continuous monitoring system allows early detection and
warnings of defects before they reach the magnitude of a major
disaster. While pipelines are designed to withstand many
conditions, they are naturally susceptible to operational,
ecological and man-made issues, including internal erosion and
corrosion, mechanical deformation, leaks and encroachments. Yet,
detecting and localizing these types of complications in pipelines
can be very difficult, expensive and imprecise. Fiber optic sensors
installed along pipelines have proven to be successful in
mitigating these risks by providing valuable data about
accumulating strains.
“This is a great example of Luna’s expanding applications in the
oil and gas industry,” Scott Graeff, President and CEO of Luna
Innovations, said. “Our sensors detect, identify, and localize the
conditions that can lead to leaks and breaks in real-time allowing
potential emergencies to be addressed immediately, enhancing
safety, reducing downtime and lowering maintenance costs.”
A Columbian pipeline transport company that was experiencing
mechanical deformations due to local soil and geohazard effects is
now using Luna’s sensors to diminish these risks by providing the
information necessary to perform preventative maintenance in a more
precise way. Outfitted with more than 1,000 Luna strain sensors,
Luna’s Hyperion optical sensing interrogator provides data that
allows pipeline operators to gain an understanding of the
mechanical behavior of buried pipelines under diverse soil
conditions. This information is critical as a predictive measure
for the overall integrity of a pipeline installation, which not
only helped the customer establish new maintenance protocols, but
also created significant savings in prevented pipeline ruptures and
associated environmental remediation costs.
About Luna Luna Innovations
Incorporated (www.lunainc.com) is a leader in optical technology,
providing unique capabilities in high-performance, fiber
optic-based, test products for the telecommunications industry and
distributed fiber optic-based sensing for the aerospace and
automotive industries. Luna is organized into two business
segments, which work closely together to turn ideas into products:
a Technology Development segment and a Products and Licensing
segment. Luna’s business model is designed to accelerate the
process of bringing new and innovative technologies to market.
Forward-Looking Statements
These statements include Luna’s expectations regarding market
acceptance and adoption, technological accomplishments,
technological capabilities, cost effectiveness and savings of
products and technological solutions, market demand and product
capabilities and advantages. Management cautions the reader that
these forward-looking statements are only predictions and are
subject to a number of both known and unknown risks and
uncertainties, and actual results, performance, and/or achievements
of Luna may differ materially from the future results, performance,
and/or achievements expressed or implied by these forward-looking
statements as a result of a number of factors. These factors
include, without limitation, changes in market needs and acceptance
and adoption, technological challenges and variance in cost savings
effectiveness and efficacy in safety improvement.
###
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190912005431/en/
Investors: Jane Bomba Luna Innovations Incorporated
Phone: 303-829-1211 Email: IR@lunainc.com
Sally J. Curley Luna Innovations Incorporated 614-530-3002
IR@lunainc.com
Luna Innovations (NASDAQ:LUNA)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Luna Innovations (NASDAQ:LUNA)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024