SUNYA Energy

Flyscan Systems Announces that Kinder Morgan Joins its Strategic Investor Group alongside Marathon Petroleum, Enbridge and Hatch

January 14, 2025
SUNYA Summary
- Flyscan Systems announced that Kinder Morgan has joined its strategic investors group. - Other investors include Marathon Petroleum, Enbridge, and Hatch. - The collaboration aims to accelerate Flyscan's market growth. - Funding from Kinder Morgan will support commercialization and scaling operations. - Flyscan will enter the Natural Gas detection and quantification market. - Eric Bergeron, Flyscan's CEO, praised Kinder Morgan for its strategic footprint across multiple fuel types. - James Holland, Kinder Morgan COO, highlighted the importance of Flyscan's technologies for pipeline leak detection and damage prevention. - Flyscan Systems is a spin-off from Canada's National Optics Institute founded in 2015. - It specializes in detecting liquid hydrocarbons and automating visual inspections. - The company's mission focuses on protecting assets, the public, and the environment while ensuring financial returns. - Kinder Morgan is one of North America's largest energy infrastructure companies. - The company operates approximately 79,000 miles of pipelines and 139 terminals. - It transports various products, including natural gas, crude oil, and renewable fuels. - Kinder Morgan is committed to safe and environmentally responsible energy services.
PRESS RELEASE
Flyscan Systems Announces that Kinder Morgan Joins its Strategic Investor Group alongside Marathon Petroleum, Enbridge and Hatch:

Leading U.S. energy company to bring key expertise, best practices, and development of new capabilities to accelerate market growth.

QUEBEC CITY and HOUSTON, Jan. 14, 2025 /PRNewswire/ - Flyscan Systems announced today that Kinder Morgan Inc. (NYSE: KMI) is joining its strategic investors Marathon Petroleum (NYSE: MPC), Enbridge (TSX: ENB) (NYSE: ENB) and Hatch to support the company's continued advancement and growth. The funding will enable Flyscan to accelerate commercialization and scale-up of its operations, including its entry in the Natural Gas detection and quantification market.

"Kinder Morgan is an industry leader that will bring us a strategic footprint across multiple types of fuels we can detect, as well as "critical mass" in terms of mileage and presence across the US market.  We are proud of their presence in our group of strategic investors and look forward to support them as we enter the natural gas detection and quantification market. " said Eric Bergeron, Founder and CEO of Flyscan.

"Flyscan technologies are state-of-the-art for pipeline leak detection and right-of-way damage prevention" said James Holland, Kinder Morgan Chief Operating Officer.  "We look forward to partnering with Flyscan to advance industry efforts to protect our employees, the environment and the communities in which we operate."

Flyscan Systems Inc. is a spin-off from Canada's National Optics Institute founded in 2015 and is the first company in the world to enable detection of liquid hydrocarbons as well as automation of Right-of-Way visual inspection from regular regulatory patrol planes.  Using remote sensing and artificial intelligence, its mission is to help energy companies and all operators of long linear critical infrastructure to better protect their assets, the public and the environment with a positive financial return. 

About Kinder Morgan, Inc.

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of the people, communities and businesses we serve. We own an interest in or operate approximately 79,000 miles of pipelines, 139 terminals, 702 billion cubic feet of working natural gas storage capacity and have renewable natural gas generation capacity of approximately 6.1 Bcf per year with an additional 0.8 Bcf in development. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, jet fuel, chemicals, metals, petroleum coke, and ethanol and other renewable fuels and feedstocks. Learn more about our work advancing energy solutions on the lower carbon initiatives page at www.kindermorgan.com.

SOURCE Flyscan Systems Inc.