Reading Municipal Light Department Selects Tantalus Systems to Accelerate Grid Modernization
Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) has announced a strategic partnership with Reading Municipal Light Department (RMLD), a Massachusetts municipal electric utility, to modernize their distribution grid. The implementation centers on the Tantalus Grid Modernization Platform (TGMP), which will transform RMLD's infrastructure into a multi-directional grid.
The partnership will integrate connected devices, communications networks, grid data management, applications, and analytics. Key components include the TRUSync Grid Data Management System for automated data integration and the TRUSense Cellular Gateway for supporting distributed energy resources (DERs) and electric vehicles.
This modernization initiative aims to enhance reliability, lower costs, and increase non-carbon energy usage. The system will provide improved visibility, command, and control across the grid while ensuring seamless integration of Information Technology (IT) and Operational Technology (OT) systems.
Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ha annunciato una partnership strategica con il Reading Municipal Light Department (RMLD), un'azienda elettrica municipale del Massachusetts, per modernizzare la loro rete di distribuzione. L'implementazione si concentra sulla Tantalus Grid Modernization Platform (TGMP), che trasformerà l'infrastruttura di RMLD in una rete multi-direzionale.
La partnership integrerà dispositivi connessi, reti di comunicazione, gestione dei dati della rete, applicazioni e analisi. I componenti chiave includono il TRUSync Grid Data Management System per l'integrazione automatizzata dei dati e il TRUSense Cellular Gateway per supportare le risorse energetiche distribuite (DER) e i veicoli elettrici.
Questa iniziativa di modernizzazione mira a migliorare l'affidabilità, ridurre i costi e aumentare l'uso di energia non carbonica. Il sistema fornirà una visibilità, un comando e un controllo migliorati attraverso la rete, garantendo al contempo un'integrazione fluida dei sistemi di Tecnologia dell'Informazione (IT) e Tecnologia Operativa (OT).
Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ha anunciado una asociación estratégica con el Reading Municipal Light Department (RMLD), una empresa eléctrica municipal de Massachusetts, para modernizar su red de distribución. La implementación se centra en la Tantalus Grid Modernization Platform (TGMP), que transformará la infraestructura de RMLD en una red multidireccional.
La asociación integrará dispositivos conectados, redes de comunicación, gestión de datos de la red, aplicaciones y análisis. Los componentes clave incluyen el TRUSync Grid Data Management System para la integración automatizada de datos y el TRUSense Cellular Gateway para apoyar los recursos energéticos distribuidos (DER) y los vehículos eléctricos.
Esta iniciativa de modernización tiene como objetivo mejorar la fiabilidad, reducir costos y aumentar el uso de energía no carbonizada. El sistema proporcionará una mejor visibilidad, comando y control en toda la red, asegurando al mismo tiempo una integración fluida de los sistemas de Tecnología de la Información (IT) y Tecnología Operativa (OT).
탄탈러스 시스템 (TSX: GRID) (OTCQX: TGMPF)는 매사추세츠의 지방 전기 유틸리티인 리딩 시립 전력 부서 (RMLD)와 전략적 파트너십을 발표하여 배전망을 현대화합니다. 이 구현은 탄탈러스 그리드 현대화 플랫폼 (TGMP)에 초점을 맞추고 있으며, RMLD의 인프라를 다방향 그리드로 변환합니다.
이 파트너십은 연결된 장치, 통신 네트워크, 그리드 데이터 관리, 응용 프로그램 및 분석을 통합합니다. 주요 구성 요소에는 자동 데이터 통합을 위한 TRUSync 그리드 데이터 관리 시스템과 분산 에너지 자원 (DER) 및 전기 자동차를 지원하는 TRUSense 셀룰러 게이트웨이가 포함됩니다.
이 현대화 이니셔티브는 신뢰성을 높이고 비용을 낮추며 비탄소 에너지 사용을 증가시키는 것을 목표로 합니다. 이 시스템은 그리드 전반에 걸쳐 향상된 가시성, 명령 및 제어를 제공하며 정보 기술 (IT)과 운영 기술 (OT) 시스템의 원활한 통합을 보장합니다.
Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) a annoncé un partenariat stratégique avec le Reading Municipal Light Department (RMLD), une entreprise municipale d'électricité du Massachusetts, pour moderniser leur réseau de distribution. La mise en œuvre se concentre sur la Tantalus Grid Modernization Platform (TGMP), qui transformera l'infrastructure de RMLD en un réseau multidirectionnel.
Le partenariat intégrera des dispositifs connectés, des réseaux de communication, la gestion des données du réseau, des applications et des analyses. Les composants clés incluent le TRUSync Grid Data Management System pour l'intégration automatisée des données et le TRUSense Cellular Gateway pour soutenir les ressources énergétiques distribuées (DER) et les véhicules électriques.
Cette initiative de modernisation vise à améliorer la fiabilité, à réduire les coûts et à augmenter l'utilisation d'énergie non carbonée. Le système fournira une meilleure visibilité, un meilleur contrôle et une meilleure gestion du réseau tout en garantissant une intégration fluide des systèmes de technologie de l'information (IT) et de technologie opérationnelle (OT).
Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) hat eine strategische Partnerschaft mit dem Reading Municipal Light Department (RMLD), einem kommunalen Elektrizitätsversorger in Massachusetts, angekündigt, um ihr Verteilungsnetz zu modernisieren. Die Implementierung konzentriert sich auf die Tantalus Grid Modernization Platform (TGMP), die die Infrastruktur von RMLD in ein multidirektionales Netz verwandeln wird.
Die Partnerschaft wird verbundene Geräte, Kommunikationsnetze, Netzdatenmanagement, Anwendungen und Analysen integrieren. Zu den wichtigsten Komponenten gehören das TRUSync Grid Data Management System für die automatisierte Datenintegration und das TRUSense Cellular Gateway zur Unterstützung verteilter Energiequellen (DER) und Elektrofahrzeuge.
Diese Modernisierungsinitiative zielt darauf ab, die Zuverlässigkeit zu erhöhen, die Kosten zu senken und die Nutzung von nicht-kohlenstoffhaltiger Energie zu steigern. Das System wird verbesserte Sichtbarkeit, Steuerung und Kontrolle über das Netz bieten und gleichzeitig eine nahtlose Integration von Informations- (IT) und Betriebstechnologie (OT) Systemen gewährleisten.
- Strategic partnership with a municipal utility expands market presence
- Implementation of comprehensive grid modernization solution
- Integration of advanced technologies for improved operational efficiency
- Platform supports future growth in DERs and electric vehicles
- None.
Deployment includes TRUSense Gateway(TM) to help improve grid reliability, efficiency and sustainability
Burnaby, British Columbia--(Newsfile Corp. - March 24, 2025) - Tantalus Systems (TSX: GRID) (OTCQX: TGMPF) ("Tantalus"), a smart grid technology company, today announced its strategic partnership with Reading Municipal Light Department ("RMLD"), a leading municipal electric utility in Massachusetts, to modernize RMLD's distribution grid. This significant investment aligns with RMLD's core mission to enhance reliability, lower costs and utilize increasingly non-carbon energy for its customers.
The Tantalus Grid Modernization Platform™ ("TGMP™") will play a pivotal role in transforming RMLD's infrastructure into a forward-looking, multi-directional grid. By leveraging TGMP's advanced smart grid architecture, the department will integrate connected devices, communications networks, grid data management, applications, and analytics into its operations and services. This comprehensive approach will provide greater levels of visibility, command, and control across the entire grid, ensuring seamless integration of Information Technology (IT) and Operational Technology (OT) systems.
"We are excited to collaborate with Tantalus Systems to accelerate the modernization of our distribution grid," said Gregory Phipps, General Manager of RMLD. "This partnership represents another significant step forward as we continue to provide reliable, low-cost, and increasingly non-carbon energy to our customers. By harnessing the power of data, we aim to enhance customer satisfaction while adapting to a more dynamic energy market."
RMLD's engagement of Tantalus will bring significant benefits for the utility in the areas of data interoperability, operational efficiency, and sustainability. The TRUSync™ Grid Data Management System will automate the integration of grid data across devices and systems. The enhanced automation provided by TGMP will help RMLD improve power quality, proactively address outages, and optimize resource allocation. Over time, RMLD's modernized grid will support the integration of distributed energy resources (DERs) and electric vehicles through the TRUSense Cellular Gateway, further aligning with the department's goals.
"Tantalus is committed to helping utilities like RMLD achieve their grid modernization goals," said Peter Londa, President and CEO of Tantalus. "Our solutions are purpose-built to help utilities boost operational efficiency, reduce carbon emissions, and provide enhanced services to their communities. We are excited to partner with the team at RMLD to ensure a successful implementation and long-term success for their utility."
About Reading Municipal Light Department
Established in 1894, Reading Municipal Light Department (RMLD) is a municipal electric utility serving over 70,000 residents in Reading, North Reading, Wilmington, and Lynnfield Center, Massachusetts. RMLD is the largest of the 41 municipal light departments in Massachusetts based on electricity load, is not-for-profit, and is locally owned and controlled. RMLD is committed to serving our customers with reliable, low-cost, and increasingly non-carbon energy. For more information visit www.rmld.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. Our company offers 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 Information:
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 ability of Tantalus' solutions to boost operational efficiency, reduce carbon emissions, and provide enhanced services and customer satisfaction to RMLD's customers, the benefits of the Company's solutions in the areas of data interoperability, operational efficiency, and sustainability, the performance of Tantalus hardware and software in allowing RMLD to realize its grid modernization goals, 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
Website: www.tantalus.com
LinkedIn: LinkedIn/company/tantalus
Twitter: @TantalusCorp
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245665
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