Luna Wins Contract for Mine Conveyor Belt Monitoring in South Africa
21 Setembro 2023 - 12:06PM
Business Wire
Fiber-optic Sensing Used to Provide Early Detection of Potential
Safety Issues
Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in
advanced fiber optic-based technology, won a large contract to
provide heat detection monitoring of 40 kilometers of conveyor belt
in 11 South African mines. Luna’s contract is with a leading South
African provider of risk-management solutions that is providing
services to the operator of the mines.
To ensure the safety of their employees and protect their
assets, Luna Innovations LIOSTM fiber optic cable and heat
detection system was selected to provide a fast and reliable
monitoring system. The LIOS DE.TECT linear heat detection system
can monitor up to 10 km of conveyor belt and provides fast and
accurate information about overheating before a fire develops.
Conveyor belt issues are the leading source of fires and
operational disturbances in the mining industry. Belt rollers
experience wear and tear over time, which can lead to overheating.
Proactive detection of defective rollers and conveyor systems
enables preventative maintenance that can help avoid potential
hazards.
“We are very pleased to be announcing another step forward for
safety systems utilizing our fiber optic sensing technology,” said
Scott Graeff, President and CEO of Luna. “The applications for
fiber optic sensors are nearly limitless and this is another great
example of how our solutions are helping our customers create
safer, more efficient workplaces. We are happy to add this
application in the mining sector to our over 2500 permanent
installations of the LIOS sensing platform.”
The LIOS DE.TECT linear heat detection system continuously
measures temperature with a resolution of 1°C or better and
provides a response time of 4 seconds or less. In the event of a
conveyor belt fire, the DE.TECT system provides immediate,
location-specific information about the size of the fire and how it
is spreading so efficient fire suppression can be deployed.
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 a multitude of industries. Luna’s business model is
designed to accelerate the process of bringing new and innovative
technologies to market.
Forward-Looking
Statement
The statements in this release that are not historical facts
constitute “forward-looking statements” made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties. These statements include
Luna’s expectations regarding technological capabilities, industry
trends, market opportunities, customer relationship and operational
efficacy related to its technology and/or products. 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 technological challenges, competitive forces and other risks
and uncertainties set forth in Luna’s periodic reports and other
filings with the Securities and Exchange Commission (“SEC”). Such
filings are available on the SEC’s website at www.sec.gov and on
Luna’s website at www.lunainc.com. The statements made in this
release are based on information available to Luna as of the date
of this release and Luna undertakes no obligation to update any of
the forward-looking statements after the date of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20230921901176/en/
Investor Contact: Allison Woody Luna Innovations
Incorporated Phone: 540.769.8465 Email: ir@lunainc.com
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