Temperature, Depth, and Acoustic Monitoring will Enable Safe, Efficient Delivery of Sustainable Energy
Luna’s technology will provide temperature, depth of burial, and acoustic monitoring for the power cables that form the backbone of the system. The monitoring services will help ensure safe, efficient delivery of renewable, reliable, low-cost power over the area’s 300-mile transmission line. The project will decrease wholesale electricity costs ‐saving residents of the metro area
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Luna’s fiber-optic-based monitoring systems use distributed temperature sensing, depth sensing, and distributed acoustic sensing technology to detect potential fault locations in electric power cable systems. In this instance, the company’s sensing systems will detect compromised areas in or potential threats to the transmission line. Understanding the exact location of compromised areas of the project’s High Voltage Direct Current cable will reduce both repair time and down time for end users and increase overall safety and operability.
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, impact on energy costs and market, materiality of monitoring systems, environmental impact and CO2 reductions 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, various environmental factors and other risks and uncertainties set forth in Luna’s periodic reports and other filings with the
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