Company Research Report: Qube Technologies, Inc.
Company Overview
- Name: Qube Technologies, Inc.
- Mission: Emissions reduction through continuous monitoring. Detect, measure, and reduce greenhouse gas emissions.
- Founded: No information is available
- Founders: No information is available
- Key People:
- Alex MacGregor, CEO
- Eric Wen, COO
- Greg Taylor, CTO
- Tej Grewal, Vice President of Innovation
- Headquarters: 632 Confluence Way SE Suite 300, Calgary AB, T2G 0G1 Canada; US Headquarters: 1117 W 16th St, Unit C Houston, TX 77008, USA
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Leading continuous emissions monitoring technology focusing on methane and other greenhouse gases.
Products
Qube Platform
High-Level Description
The Qube platform offers a comprehensive solution for continuous emissions monitoring, allowing operators to detect, measure, and reduce greenhouse gas emissions effectively.
Key Features
- Continuous Monitoring: Real-time detection of emissions.
- Low Cost: Up to 80% savings compared to traditional methods such as Optical Gas Imaging (OGI) surveys.
- Robust Deployment: Operates in remote locations and extreme weather without needing direct power.
- Regulatory Approval: First continuous monitoring technology approved for regulatory use.
- Real-Time Alerts: Operators receive alerts whenever leaks occur.
- Optimized Repairs: Enhanced data insights for faster, more efficient repairs and emission reductions.
Specific Applications
- Leak Detection and Repair (LDAR): Complies with regulations like Colorado's Reg. No. 7 and Alberta's Directive060.
- Odour Management: Identifies VOCs, hydrogen sulfides, and benzenes in varied settings.
- Air Quality Monitoring: Monitors pollutants like PM2.5, nitrogen oxides, sulfur oxides, and ozone.
Recent Developments
New Products Launched
- Qube’s Axon Device: Easy to install methane and gas sensors with 20-minute setup, capable of operation without an external power source.
- Qube Emissions Dashboard: Allows operators to monitor emissions performance and device health in real-time.
New Features
- Customizable Alerts: Alerts that trigger when gases exceed defined thresholds.
- API Integration: Allows the Qube Emissions data to integrate with existing SCADA systems.
- Severity-Based Alarm Levels: Generates alarm notifications based on emission rates exceeding thresholds.
Partnerships
- Caerus Oil and Gas Partnership: Advanced continuous monitoring at 50 sites in Colorado’s Piceance Basin.
- Kiwetinohk Energy Partnership: Approved for Leak Detection and Repair using continuous monitoring technology.
- MPK Partnership in ANZ: Signed on as Qube’s channel partner for Australia and New Zealand.
- Cheniere Energy Midstream QMRV Project: Participating in a project to quantify, measure, report, and verify GHG emissions.
Industry Insights
- Emissions Monitoring in Various Industries: Energy, agriculture, utilities, and waste management leverage Qube for real-time and continuous emissions data to manage operations sustainably and meet regulatory requirements.
- Research Collaborations: Qube supported by leading R&D organizations and experienced industry investors, partnering globally.
Additional Information
- Privacy and Security: Qube maintains a formalized information security policy to comply with various regulatory and business requirements. Achieved SOC 2 Type 2 certification.
Strategic Milestones
- Series B Funding: Closed Series B funding to accelerate global expansion and technological leadership in emissions monitoring.
- Regulatory Approvals: Gained regulatory approvals in multiple regions including New Mexico and Alberta, Canada.
This report presents an in-depth analysis of Qube Technologies, Inc., covering their mission, products, recent developments, and strategic milestones. For additional information on their solutions, partnerships, and security policies, visit their website or contact their headquarters.
