16-10-2023 04:57 PM | Source: PR Agency
He also revealed Tranzmeo's plans to kickstart their operations in the United States following the conference. "This is an exciting opportunity to showcase our potential among clients who are global energy giants. It not only paves the way for our entry into the U.S. market but also sets the stage for international expansion. We were selected by the Society among thousands of applicants due to the innovativeness of our disruptive technology. Among the myriad of applications, they have chosen us as one of the ten startups from around the world to present our solutions at the conference," he added.
Founded in 2017, Tranzmeo holds the distinction of being the first company in India to venture into this sector. Since its inception, it has rapidly earned the trust of major industry players, including Fortune 500 companies such as HPCL and Petronet MHB. Tranzmeo's visionary approach extends beyond the energy sector into adjacent markets, including border and perimeter security and power cable monitoring, within a $10-billion industry exhibiting a robust 10% Compound Annual Growth Rate (CAGR).
Kerala Startup Tranzmeo`s breakthrough tech earns prestigious invitation to US Energy Conference for oil and gas pipeline leak and theft prevention
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Kerala-based startup, Tranzmeo, is making waves by receiving an exclusive invite to the prestigious Annual Technical Conference and Exhibition (ATCE) 2023, organized by the Society of Petroleum Engineers. This remarkable achievement sets Tranzmeo as the sole Indian representative in the global energy sector at this renowned event
Kochi: Tranzmeo, an innovative startup based in Kerala, has achieved a remarkable milestone by securing an exclusive invitation to the prestigious Society of Petroleum Engineers' Annual Technical Conference and Exhibition (ATCE) 2023. The ATCE, nearing its centenary mark, is one of the largest gatherings of energy professionals worldwide. This invitation positions Tranzmeo as the sole Indian startup representing the energy sector at this illustrious global event, shining a spotlight on its exceptional expertise in remote pipeline monitoring and safety.
Tranzmeo is at the forefront of employing cutting-edge technologies, including Artificial Intelligence (AI), machine learning, photonics, and fiber sensing, to proactively detect issues such as leaks and intrusions in pipelines, thereby leading to substantial reductions in fuel loss and environmental harm. Importantly, Tranzmeo's solutions have proven to be an effective deterrent against thefts in the pipelines, a prevalent concern in the energy sector. The company currently monitors approximately 5000 kilometers of pipelines across India and stands as the sole player in this sector within the country.
Safil Sunny, CEO and Founder of Tranzmeo, expressed his immense pride in this significant achievement. He highlighted its noteworthiness, not just for Tranzmeo but also for the entire Kerala Startup ecosystem. Mr. Sunny stated, "This recognition is a milestone for Tranzmeo and a moment of immense pride for Kerala's burgeoning startup ecosystem. It affords us a unique opportunity to globally showcase our innovative solutions, furthering our mission to enhance remote pipeline monitoring, curtail environmental impact, and uphold safety standards within the oil and gas industry."
Founded in 2017, Tranzmeo holds the distinction of being the first company in India to venture into this sector. Since its inception, it has rapidly earned the trust of major industry players, including Fortune 500 companies such as HPCL and Petronet MHB. Tranzmeo's visionary approach extends beyond the energy sector into adjacent markets, including border and perimeter security and power cable monitoring, within a $10-billion industry exhibiting a robust 10% Compound Annual Growth Rate (CAGR).
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