Agoracom Blog

$AAO.ca Augusta Industries Through Its Sub FOX-TEK Receives a Contract for an Application in the Nuclear Space

Posted by AGORACOM at 12:36 PM on Monday, November 27th, 2017

 

  • FOX-TEK Canada Inc. received a contract for phase one ( proof-of-concept application) in the Nuclear Space
  • Will demonstrate technological ability to measure minute changes in pressure in a test pipe.
  • “Contract represents a first big step toward serving a new market and an exciting space for the Corporation.”

Toronto, Ontario–(November 27, 2017) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”), a developer and marketer of patented non-intrusive sensing systems, is pleased to announce that its wholly-owned subsidiary, FOX-TEK Canada Inc. (“Fox-Tek”), received a contract for phase one (a proof-of-concept application) in the Nuclear Space. For this application FOX-TEK will look at the use of its high precision Fiber Bragg Grating (FBG) acquisition equipment to measure very small changes in strain in injector ports.

If successful, the technology will be incorporated within the end users injection control system to verify (in real time) that the injection ports are not clogged. This will be part of a safety program due to the material being transported to the injectors. A failure of the injectors could lead to a hazardous situation.

The proof-of-concept will demonstrate that the technology will be able to measure minute changes in pressure in a test pipe. A number of FBG sensors will be mounted on the test spool for validation of the technology.

“This is an example of the Corporation’s strategy to expand our bandwidth and offering New technologies and concepts. We pursuing markets untapped in the past with new concepts and applications in the Industrial Nuclear arena,” commented Allen Lone, President and CEO of the Corporation. “This contract represent a first big step toward serving a new market and an exciting space for the Corporation.”

About the Corporation

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and Fox-Tek Canada Inc. (“Fox-Tek”), the Company provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

Fox-Tek provides world leading solutions to various sectors including the oil and gas industry. With non-intrusive technologies including fiber-optic sensors and electric field mapping systems, Fox-Tek is able to accurately measure changes that could negatively impact our client’s operations.

Corporation Contact:

Allen Lone, President, CEO, Augusta Industries Inc.
Tel: (905) 275 8111 Ext 226, email: [email protected]

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