Sensirion Connected Solutions acquires Kuva Systems
Expand methane emissions monitoring portfolio
Sensirion Connected Solutions, a subsidiary of Sensirion Holding AG specializing in sensor-based IoT solutions and services for emissions monitoring, announced the acquisition of Kuva Systems, a Cambridge-based innovator in image-based methane emissions monitoring. The company will be integrated into Sensirion Connected Solutions, strengthening its position as a full-spectrum provider for continuous methane emissions monitoring in oil and gas applications.
Kuva Systems brings to Sensirion a sophisticated industrial IoT product tailored for upstream and midstream oil and gas operations. Its technology includes a proprietary, low-cost infrared optical camera that delivers minute-by-minute visualization and quantification of methane emissions. This capability allows operators to pinpoint leak sources without false positive alarms and to cost-effectively conduct remote root-cause analysis of emission problems. The Kuva solution enables operators to implement automated workflows for root-cause analysis that minimize emissions as well as meet regulatory and ESG goals.
The integration of Kuva Systems into Sensirion Connected Solutions reflects a strong strategic fit, aligned with the Group’s long-term vision to expand its industrial IoT capabilities in emissions monitoring. From a financial perspective, the transaction is not significant and will not have a material impact on the Group’s liquidity or financial guidance in terms of stock exchange reporting obligations.
“The integration of Kuva Systems into Sensirion Connected Solutions is a major milestone in our strategy to deliver a full range of end-to-end solutions for continuous methane emissions monitoring,” said Felix Hoehne, General Manager of Sensirion Connected Solutions. “By offering innovative, sensor-based solutions, and now advanced optical imaging, we’re enabling oil and gas operators to maximize performance and coverage by choosing the right solution for their site complexity and monitoring needs—all from one, globally operating, trusted partner.”
Accelerating a shared mission
Kuva Systems was founded with a mission to transform how methane leaks are detected, quantified, analyzed and mitigated in the oil and gas industry. The company’s platform supports operators in meeting ESG commitments, mitigating safety risks and maintaining regulatory compliance in a cost-effective way.
“We’re excited to join the Sensirion Group to accelerate our mission with the backing of a global sensing technology leader,” said Stefan Bokaemper, CEO of Kuva Systems. “This move enables us to scale our solution and reach more operators who are looking for cost-effective operational workflows to tackle their emissions challenges.”
Other news from the department business & finance
