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BlueSky Resources provide Stantec (TSX:STN) with near real-time air pollutant tracking capabilities

Environment, Industrial, Technology
TSX:STN
26 March 2021 15:00 (EDT)

Stantec (STN) has partnered with BlueSky Resources to enhance its remote sensing and climate change services.

BlueSky’s team uses a global network of 24,000 sensors and data flows from nine satellites to produce near real-time emission and air pollutant data.

Working with BlueSky Resources, Stantec will advance several services in remote sensing and overall Earth observation to inform clients about environmental changes.

Project applications will span from traditional uses – such as monitoring facility emissions, atmospheric impacts, major weather events and transportation infrastructure – to more innovative emission assessments generated from entire supply chains.

BlueSky Resources utilizes its proprietary AirLogic platform to aggregate and organize data for clients. The platform creates a single-source dashboard with views of emissions, air pollutants, greenhouse gases and particulates for targeted facilities.

Users can also establish custom alerts to be notified of unusual conditions around facilities. These metrics can be used to inform regulatory authorities and the public.

Stantec’s Innovation Office, as part of its mandate to incubate competitive commercial technologies, will invest a nominal amount of seed capital over the next two years for equity in BlueSky.

This capital is intended to improve BlueSky’s capabilities to detect air pollutants and greenhouse gas emissions for its global network of clients.

Marshall Davert, Stantec’s Chief Innovation Officer, commented,

“This partnership with BlueSky Resources will give our clients near real-time, quantitative information that will better enable critical decision-making for regulatory compliance and operations management. The speed and level of insight will create a new industry standard.”

Bud Pope, BlueSky’s CEO, remarked,

“Our proprietary system combines a vast dataset from a network of independent, public and private sources. Our multiple data source approach provides the most timely and accurate emission and airborne pollutant data available.”

BlueSky Resources uses remotely sensed data and analytics to help industries reduce their worldwide emissions.

Stantec is a global engineering and construction firm.

Stantec (STN) is down 0.24 per cent and is currently trading at C$53.43 per share as of 2:01 pm ET.

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