Indiana Municipal Power Agency Selects Tantalus' AI-Powered TRUGrid(TM) Analytics to Enhance Reliability for Member Utilities
Tantalus Systems (OTCQX: TGMPF) announced that the Indiana Municipal Power Agency (IMPA) will deploy its AI-powered TRUGrid Reliability and TRUGrid Transformer analytics across 19 member utilities participating in the Agency's AMI program. This marks Tantalus' first AI-based analytics rollout across a Joint Action Agency, funded by the Grid Resilience Grant Program.
The deployment will enable IMPA's utilities to enhance grid reliability and operational efficiency through data-driven decision-making. TRUGrid's analytics engine helps identify and address faults, optimize transformer performance, and prioritize capital expenditures for grid upgrades. This implementation represents a significant shift towards using AI-enabled analytics for multiple utilities simultaneously through a Joint Action Agency.
Tantalus Systems (OTCQX: TGMPF) ha annunciato che la Indiana Municipal Power Agency (IMPA) implementerà i suoi sistemi di analisi basati su AI, TRUGrid Reliability e TRUGrid Transformer analytics, in 19 utility membri che partecipano al programma AMI dell'Agenzia. Questo rappresenta il primo lancio di analisi basate su AI di Tantalus attraverso un'Agenzia di Azione Congiunta, finanziato dal Programma di Sovvenzioni per la Resilienza della Rete.
L'implementazione consentirà alle utility di IMPA di migliorare l'affidabilità della rete e l'efficienza operativa grazie a decisioni guidate dai dati. Il motore di analisi TRUGrid aiuta a identificare e risolvere guasti, ottimizzare le prestazioni dei trasformatori e dare priorità agli investimenti per gli aggiornamenti della rete. Questa iniziativa segna un cambiamento significativo verso l'uso di analisi abilitate dall'AI per più utility simultaneamente tramite un'Agenzia di Azione Congiunta.
Tantalus Systems (OTCQX: TGMPF) anunció que la Indiana Municipal Power Agency (IMPA) implementará sus análisis impulsados por IA, TRUGrid Reliability y TRUGrid Transformer analytics, en 19 servicios públicos miembros que participan en el programa AMI de la Agencia. Esta es la primera implementación de análisis basados en IA de Tantalus a través de una Agencia de Acción Conjunta, financiada por el Programa de Subvenciones para la Resiliencia de la Red.
La implementación permitirá a las utilities de IMPA mejorar la confiabilidad de la red y la eficiencia operativa mediante decisiones basadas en datos. El motor analítico de TRUGrid ayuda a identificar y solucionar fallas, optimizar el rendimiento de los transformadores y priorizar gastos de capital para actualizaciones de la red. Esta implementación representa un cambio importante hacia el uso de análisis habilitados por IA para múltiples utilities simultáneamente a través de una Agencia de Acción Conjunta.
Tantalus Systems (OTCQX: TGMPF)는 인디애나 시립 전력 기관(Indiana Municipal Power Agency, IMPA)가 AI 기반의 TRUGrid 신뢰성 및 TRUGrid 변압기 분석을 IMPA의 AMI 프로그램에 참여하는 19개 회원 유틸리티에 배포할 것이라고 발표했습니다. 이는 그리드 회복력 보조금 프로그램의 자금 지원을 받아 Tantalus가 공동행동기관(Joint Action Agency)을 통해 AI 기반 분석을 처음으로 도입하는 사례입니다.
이번 배포를 통해 IMPA 소속 유틸리티들은 데이터 기반 의사결정을 통해 그리드 신뢰성과 운영 효율성을 향상시킬 수 있습니다. TRUGrid의 분석 엔진은 고장 탐지 및 해결, 변압기 성능 최적화, 그리드 업그레이드를 위한 자본 지출 우선순위 지정에 도움을 줍니다. 이 도입은 공동행동기관을 통해 여러 유틸리티에 동시에 AI 기반 분석을 적용하는 중요한 전환점입니다.
Tantalus Systems (OTCQX : TGMPF) a annoncé que la Indiana Municipal Power Agency (IMPA) déploiera ses analyses alimentées par l'IA, TRUGrid Reliability et TRUGrid Transformer analytics, auprès de 19 services publics membres participant au programme AMI de l'Agence. Il s'agit du premier déploiement d'analyses basées sur l'IA de Tantalus via une Joint Action Agency, financé par le programme de subventions pour la résilience du réseau.
Ce déploiement permettra aux services publics d'IMPA d'améliorer la fiabilité du réseau et l'efficacité opérationnelle grâce à une prise de décision basée sur les données. Le moteur d'analyse TRUGrid aide à identifier et résoudre les pannes, optimiser les performances des transformateurs et prioriser les dépenses en capital pour les mises à niveau du réseau. Cette mise en œuvre représente un tournant important vers l'utilisation d'analyses assistées par IA pour plusieurs services publics simultanément via une Joint Action Agency.
Tantalus Systems (OTCQX: TGMPF) gab bekannt, dass die Indiana Municipal Power Agency (IMPA) ihre KI-gestützten TRUGrid Reliability und TRUGrid Transformer Analytics bei 19 Mitgliedsversorgern einsetzen wird, die am AMI-Programm der Agentur teilnehmen. Dies ist die erste Einführung von KI-basierten Analysen von Tantalus über eine Joint Action Agency, finanziert durch das Grid Resilience Grant Program.
Der Einsatz ermöglicht den Versorgern von IMPA, die Netzzuverlässigkeit und Betriebseffizienz durch datenbasierte Entscheidungen zu verbessern. Die Analyse-Engine von TRUGrid hilft dabei, Fehler zu erkennen und zu beheben, die Leistung von Transformatoren zu optimieren und Investitionen für Netzaufrüstungen zu priorisieren. Diese Implementierung stellt einen bedeutenden Schritt dar, KI-gestützte Analysen gleichzeitig für mehrere Versorger über eine Joint Action Agency einzusetzen.
- First-of-its-kind deployment of AI analytics across multiple utilities simultaneously
- Secured major contract with Indiana Municipal Power Agency covering 19 member utilities
- Project funded through Grid Resilience Grant Program, minimizing financial impact
- Technology enables cost-effective grid modernization without replacing existing infrastructure
- None.
Large-scale deployment of TRUGrid Reliability and TRUGrid Transformer marks company's first AI-based analytics rollout across a Joint Action Agency
Burnaby, British Columbia--(Newsfile Corp. - June 25, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus" or the "Company"), a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data, is pleased to announce that the Indiana Municipal Power Agency ("IMPA") will be deploying Tantalus' AI-powered TRUGrid Reliability and TRUGrid Transformer analytics across all 19 of its member utilities participating in the Agency's AMI program with Tantalus. This groundbreaking deployment, funded by the Grid Resilience Grant Program, represents the first time Tantalus will implement its AI-based analytics platform simultaneously across multiple utilities.
IMPA, a Joint Action Agency (or "JAA") that provides wholesale electricity and services to municipally-owned electric utilities across Indiana and Ohio, selected Tantalus' TRUGrid analytics to enhance grid reliability and operational efficiency with a data-centric approach that will enable utilities to make informed decisions with respect to managing their existing infrastructure. TRUGrid's scalable analytics engine delivers valuable insights that allow utility operators to strengthen grid reliability by identifying and addressing faults, optimizing transformer performance, and prioritizing capital expenditures to upgrade their distribution grids.
"This initiative represents a major step forward in our commitment to providing safe, reliable, and cost-effective electricity to the communities in our AMI program," said Bill Castrodale, Manager of Electrical Engineering, at IMPA. "By leveraging Tantalus' AI-powered analytics, we are equipping our member utilities with the ability to proactively identify and address system and transformer issues in real time and to prioritize investments. That means faster service, smarter planning, and more resilient distribution grids. Ultimately, this technology enhances our ability to support each community's long-term sustainability, economic development, and quality of life."
This project is a landmark milestone for Tantalus and further demonstrates its leadership in delivering intelligent software solutions and analytics that help utilities do more with the infrastructure they already have in place. IMPA's decision to deploy TRUGrid analytics underscores a growing recognition across the industry that data-driven decisions can drive affordable and efficient grid modernization efforts for utilities of any size.
"Tantalus' deployment with IMPA is one of the first known instances of a Joint Action Agency deploying an AI-enabled analytics solution to multiple utilities simultaneously," said David Shpigler, President of Shpigler Group, a strategic consultancy focusing on utility transformation. "This represents a significant step forward in grid modernization and provides a helpful example for other JAA's to follow."
"This deployment validates our fundamental belief that harnessing the power of data across the distribution grid is a more powerful and cost-effective way to modernize the grid than taking a traditional device-centric approach to replace existing equipment," said Peter Londa, President & CEO of Tantalus. "TRUGrid's ability to extract actionable insights from existing infrastructure allows utilities to improve operational responsiveness while making informed, data-driven decisions. We're honored to partner with IMPA to bring this innovation to life, and we are grateful for the example IMPA provides to other Joint Action Agencies looking to deliver more value to their own member utilities."
For additional information about Tantalus and its TRUGrid platform, please visit www.tantalus.com. To learn more about IMPA, visit www.impa.com.
About Indiana Municipal Power Agency (IMPA)
The Indiana Municipal Power Agency (IMPA) is the not-for-profit wholesale power provider to 61 communities in Indiana and Ohio who own and operate their municipal electric distribution systems. The Agency's diverse power supply portfolio includes a mixture of coal, natural gas, renewable and purchased power, providing a low-cost, reliable, and environmentally-responsible power supply to over 350,000 individuals. The variety of additional services provided to IMPA's membership also help support each community beyond power supply. For more information, visit www.impa.com.
About Tantalus Systems Holding Inc. (TSX: GRID, OTCQX: TGMPF)
Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. We offer a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications, and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements. Learn more at www.tantalus.com.
Forward Looking Statement:
This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including, but not limited to, the effectiveness of TRUGrid analytics in driving the grid modernization efforts of utilities and doing so in a more impactful and cost-effective manner, utilities' need for grid modernization and the level of transformation required, and other statements that contain words such as "believe," "expect," "project," "should," "seek," "anticipate," "will," "intend," "positioned," "risk," "plan," "may," "estimate" or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release and Tantalus disclaims any intention or obligation to update or revise any forward-looking information contained in this new release, whether as a result of new information, future events or otherwise, unless required by applicable law. The forward-looking information included in this news release is expressly qualified in its entirety by this cautionary statement.
Contact Tantalus:
Jacquie Hudson
Marketing Communications Manager
613-552-4244 | jhudson@tantalus.com
www.tantalus.com
LinkedIn: linkedin.com/company/tantalus
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256722
FAQ
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