Tantalus develops, manufactures and markets two-way, real-time wireless data communications networks for electric, water and gas utilities.
The Tantalus Utility Network–TUNet®–is advanced metering technology that enables a utility to monitor, control and respond to events anywhere and at any time across its distribution network. It serves as the communications backbone that makes Automatic or Smart Metering, Power Quality Monitoring, Outage Reporting, Load Control, and Distribution Automation practical and cost effective. The result is more efficient operations, more accurate billing, and the ability for a utility to deliver a high level of customer service.
The Power of Information
Tantalus’ goal is to optimize the use of energy by automating out-dated practices, reducing operational costs & eliminating revenue/energy sapping problems, and giving utilities and consumers access to the information needed to manage resources intelligently.
TUNet enables a utility to automate meter reading as well as implement progressive and equitable billing programs. It interfaces with other applications to streamline operations and provide new perspectives on how to improve efficiency. Web-based access to data means that a utility and its customers can see precisely when they use energy and take practical steps to lower consumption and costs.
The Ability to Deliver
Tantalus is a private company founded in 1989. TUNet was launched in 2003. The production version represents over 200 staff years of development and earned several high-profile awards. TUNet systems are deployed throughout North America at utilities determined to gain more value from their network, manage energy resources wisely, and provide customers with a high level of service.
Tantalus is located in Vancouver, British Columbia, home of world-class wireless and power technology clusters.
| Tantalus Secures $20 Million in Equity Financing | 07/09/2007 - 23:28 | $20Million |