Rheidiant, Inc. today announced its Smart Sign pipeline leak detection system has been selected to participate in Chevron Technology Ventures new Catalyst Program, which is designed to support startup companies that bring innovative products that may have positive impact on the oil and gas industry.
Rheidiant’s Smart Sign leak detection system is a ground-breaking solution to new and old hazardous liquid pipelines, monitoring these assets for small and large leaks before they result in big environmental spills. The technology relies on proprietary acoustic sensors that are deployed near the pipeline without excavation or trenching. Leaks on the asset are detected by the use of proprietary edge analytics and central machine learning algorithms. As a result, operators of aging pipelines are able to accurately quantify their environmental risk and respond to events in time.
“Deploying external real-time monitoring systems are essential in safeguarding pipelines against large environmental spills,” said Murat Ocalan, President and CEO, Rheidiant. “Today, however, there are over half a million miles of pipelines that were deployed without external monitoring. The Smart Sign system offers the world’s first economic retrofit solution to the operators of these pipelines and helps them protect the environment, the neighboring communities and their bottom line against spill events.”