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Infinitii ai wins water infrastructure contract with Vancouver

Industrial, Market News, Technology
CSE:IAI
15 August 2024 11:29 (EST)
Downtown Vancouver, British Columbia

(File photo)

A provider of predictive analytics for smart city infrastructure, Infinitii ai inc. (CSE:IAI) won a competitive bid with the City of Vancouver.

The recent sales milestone grants the city access to Infinitii flowworks’ real-time data monitoring software under a three-year agreement. With a population of 631,000, Vancouver stands as one of Canada’s most rapidly growing cities and the largest municipality in British Columbia.

Currently, Vancouver’s integrated sewer and drainage planning branch maintains a data archive from around 200 flow and level monitoring sites, 38 combined sewer overflow monitoring sites, 14 rainfall monitoring stations, 23 water quality sampling locations and two groundwater monitoring wells.

Key requirements for Vancouver’s sewer and drainage monitoring data management and analysis tool included:

“This sale underscores our expanding North American install base, and we are especially pleased that this is the first time we have secured a multi-year contract directly with Vancouver’s integrated sewer and drainage planning branch,” Infinitii ai’s CEO, Jean Charles Phaneuf, stated in a news release.

Infinitii ai inc. provides environmental monitoring to many of the largest water infrastructure utilities in Canada and the United States. Infinitii ai has evolved into a developer of AI-driven predictive analytics for smart city water and smart industry infrastructure applications that rely on time-series data.

Infinitii ai inc. (CSE:IAI) opened trading at $0.065 per share and its stock has risen more than 16 per cent in the past month.

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(Top image: File)


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