Project Canary Announces Acquisition of Aeris Technologies Expanding Services Beyond Oil and Gas
/The strategic acquisition reflects growing, lasting market demand for enhanced measurement of ESG performance
DENVER and HAYWARD, Calif., March 24, 2022 /PRNewswire/ -- Project Canary, the Denver-based climate tech and environmental assessment company, announced its strategic acquisition of Aeris Technologies today. Based in California's Bay Area, Aeris – a leading provider of laser-based gas analyzers and leak detection systems – will become a wholly-owned subsidiary of Project Canary. Aeris analyzers use cutting-edge laser-based technology that identifies a variety of dangerous GHGs such as ethane, nitrous oxide, formaldehyde, ethylene oxide, benzene, and more.
Expands ability to support environmental data analytics and emission profiles beyond the oil and gas sector, ushering in the Measurement Economy.
Addresses complex but differing facility-level operating and emissions profiles which require an array of technologies to accurately detect and monitor GHGs – including utilities, landfills, agriculture, industrial complexes, and more.
Aeris Technologies becomes a subsidiary of Project Canary; retains all talent.