Categories: Press-Releases

Gastops Receives IDEaS Funding for New Predictive Maintenance Technology

[ad_2]

OTTAWA, ON, June 9, 2021 /PRNewswire/ – Gastops is pleased to announce that it has been selected by Canada’s Department of National Defence to contribute to the “All Systems Go!” Challenge, an initiative of the Government of Canada’s Innovation for Defence Excellence and Security (IDEaS) program.

The objective of the challenge is to drive innovation in predicting and optimizing maintenance for military platforms through Health and Usage Monitoring Systems (HUMS) that will support the transition from schedule-based maintenance to Condition-Based Maintenance (CBM), and ultimately, to a truly predictive maintenance regime that will optimize the use of limited maintenance resources while increasing the operational platform availability.

Gastops will use the challenge funding to accelerate the development of the company’s multi-sensor, multi-platform HUMS solution for rotating and reciprocating equipment. The solution will address the gap between current oil condition and contamination sensor technologies and integrate machine learning to enable the detection and tracking of early-stage fault conditions. The company will also develop a model to identify diesel engine maintenance and cost drivers.

“All Systems Go! and the entire IDEaS program puts innovators together with military platform operators at the beginning of the solution cycle, when out-of-the-box thinking can lead to the greatest dividends,” said Shaun Horning, President & CEO of Gastops. “It mirrors the Gastops approach to condition-based maintenance solutions development and we are very excited to make our contribution.”

Gastops plans to produce a prototype HUMS solution including hardware and software that will drive the transition of oil changes from a scheduled activity – irrespective of equipment and oil condition – to an on-condition activity triggered by actual health and usage data. That transition will provide significant cost savings and environmental benefits in the form of reduced oil consumption, and increased platform availability thanks to the elimination of unnecessary maintenance downtime. Gastops will also deliver a comprehensive set of solution requirements (including fault data models, sensor technologies required, and packaging requirements) to ensure that platform operators realize high value-for-money.

About Gastops

Gastops is the world’s leading provider of intelligent condition monitoring solutions used in Aerospace, Defence, Energy, and Industrial applications to optimize the availability, performance, and safety of critical assets.  We offer peace of mind to our customers with innovative online monitoring sensors, at-line analysis, complex modeling and simulation, world class laboratory testing, engineering, design, and MRO services that predict performance to enable proactive operating decisions. Gastops has been providing powerful insights into the condition of critical equipment since 1979.
www.gastops.com

About IDEaS

IDEaS is a 20-year, $1.6 billion investment program that provides funding, infrastructure and support for open and collaborative innovation to solve some of Canada’s toughest defence and security challenges. Learn more at http://www.canada.ca/defence-ideas

View original content to download multimedia:http://www.prnewswire.com/news-releases/gastops-receives-ideas-funding-for-new-predictive-maintenance-technology-301309322.html

SOURCE Gastops



Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

[ad_2]

PR Newswire and Aayushi Batra

Recent Posts

Share repurchase programme

[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…

3 days ago

Gyroscope Market Size, Share And Growth Analysis For 2024-2033

[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…

3 days ago

Casting Off the Caste System and its Stigma: Empowering the Forgotten Indigenous People of India with Human Rights

[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…

3 days ago

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…

3 days ago

Celebrate "Bleach: Brave Souls" Reaching Over 90 Million Downloads Worldwide with "The Future Society Zenith Summons: Cyber" Featuring New Versions of Ulquiorra, Orihime, and Nnoitora

[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…

3 days ago

TransAlta Declares Dividends

[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…

4 days ago