FLIR Systems Invests in Providence Photonics' Gas Imaging

FLIR Systems has made a strategic investment in Providence Photonics LLC, according to the two companies.

Providence Photonics, a developer of advanced software used to quantify invisible gas emissions, specializes in the development and use of advanced technology in the field of optical gas imaging while tackling some of the industry’s most challenging environmental and safety problems. Using patented technology, advanced computer vision techniques, and state-of-the-art infrared imagers, the company has been working to solve leak quantification, leak survey validation, autonomous remote leak detection, and flare combustion efficiency monitoring.

As part of the strategic investment, FLIR will gain exclusive access to certain elements of Providence Photonics’ intellectual property, while helping to expand FLIR Systems’ offerings to its oil and gas industry customers. The companies will work to deploy Providence Photonics’ quantification algorithms in current and future FLIR optical gas imaging cameras and digital services.

“Our investment in Providence Photonics represents another example of our evolution from solely being a leading sensor company to one that adds decision support to create intelligent sensing solutions,” said Frank Pennisi, president of the Industrial Business Unit at FLIR. “This investment enables to us to better serve our existing oil and gas industry customers who rely on our optical gas imaging technology to improve efficiency and safety, while ensuring compliance with methane mitigation regulations.”

Optical gas imaging cameras detect invisible gas emissions.

For more information, visit www.flir.com/news-center/industrial/flir-systems-completes-strategic-investment-in-providence-photonics-llc or follow @flir.