May 4, Halifax - Prosaris Solutions Ltd (“Prosaris”) announces funding and support from Sustainable Development Technology Canada (SDTC) to enhance the development of its ultrasonic leak detector. SDTC helps Canadian entrepreneurs accelerate the development and deployment of globally competitive clean technology solutions. This funding will propel the testing of the OL1 Directional Ultrasonic Leak Detector to validate accuracy and calibrate loss quantification calculations. Prosaris provides hardware and software solutions that help industries improve operational efficiency and reduce emissions. By detecting and quantifying the smallest of gas leaks, Prosaris gives every industry the tools to support responsible and efficient compressed air usage and to shift the status quo from annual compliance to continuous proactive maintenance. This system can also be applied to harmful methane emissions, complimenting traditional methods with an affordable, easy-to-use solution that enables frequent inspections and speeds up leak lifecycle management.
“This funding support from SDTC allows Prosaris to accelerate our development, test and validation requirements for the leak and emissions quantification component of our solution. This testing is critical to accurate event reporting, analysis and leak lifecycle management. SDTC is supporting us in a pivotal moment in our path to delivering technology that will benefit Canada’s industry drive to achieving environmentally sustainable operating performance.”
- Colin Sewell, Prosaris Founder and CEO
“Detecting wasteful gas leaks is critical to reducing GHG emissions. Prosaris’ transformative technology and proactive approach to managing leaks will not only drive the circular economy forward but safeguard the environment and our communities. Canada’s innovators are advancing the frontier of cleantech innovation, and we at SDTC are proud to support them along the way.”
- Leah Lawrence, President and CEO of Sustainable Development Technology Canada
Approximately 30% of the energy used in compressed air is wasted through system leaks. The Prosaris leak lifecycle management solution can reduce this waste by as much as half. By equipping 3,000 locations in 3 years, Prosaris can create an environmental impact equivalent to taking 165,000 vehicles off the road. Canada and the United States are striving to achieve a 45% reduction in methane emissions by 2025. In 3 years, Prosaris plans to further the Leak Detection and Repair (LDR) methods of 1,000 North American locations, reducing methane emissions from fugitive sources by 0.75 Bcf and increasing that impact to 2.5 Bcf by 2025, a reduction equivalent to heating nearly 29,000 Canadian homes for a year.
Prosaris is challenging the status quo of leak detection. The ultrasonic technology used in the Prosaris OL series helps operators track down and manage even the smallest leaks quickly and efficiently. That’s better for business, the environment, and for the safety of staff and customers. And that’s good for us all. Learn more at prosaris.ca.
About Sustainable Development Technology Canada
Sustainable Development Technology Canada (SDTC) helps Canadian companies develop and deploy competitive, clean technology solutions, to help solve some of the world’s most pressing environmental challenges: climate change, clean air, clean water and clean soil. By taking a cross-Canada approach, from seed to scale, and in partnership with the best peers and experts, SDTC is the global benchmark for sustainable development innovation programming. Learn more at sdtc.ca.