Risk management services solutions supplier Ava Group announced a development and commercialization agreement with Mining3, a mining innovation group. The two will launch a predictive asset monitoring solution by Future Fibre Technologies (FFT), an Ava Group company. The partnership will strengthen the recently announced strategic alliance with Mining3, Ava Group reported. Under the agreement, FFT will use its Aura advanced fiber-optic sensing platform, combined with Mining3’s signal processing algorithms, to bring to market FFT solution Aura IQ, a wear detection system for conveyor rollers. Aura IQ will have the ability to pre-empt failure, generating significant time and cost savings, Ava Group reported.
http://www.fftsecurity.com