Investor Relations Their signature solution, Congruence.IQ (C.IQ), is a software platform that translates data from a wide range of devices to bridge old and new technologies together to transform the grid. Congruitive delivered approximately US$2.5 million in revenue from software and services in 2021. Previously named DC systems, Congruitive provides utilities, EPCs and developers a flexible and scalable product suite that embeds real-time intelligent control, secure . Austin, Texas, Energy Analyst Lead (Hybrid) Tantalus is the right fit culturally, technologically, and operationally. EVs are rapidly becoming the new norm, with landmark developments such as the introduction of the Ford F150 Lightning and Chevy Silverado EV and commitments by General Motors to launch 30 new EV models by 2025 to make these vehicles more accessible. If you continue to use this site we will assume that you are happy with it. Great River Energy Add congruity to one of your lists below, or create a new one. Previously named DC systems, Congruitive provides utilities, EPCs and developers a flexible and scalable product suite that embeds real-time intelligent control, secure . The definition of Cognitive is of or relating to cognition; concerned with the act or process of knowing, perceiving, etc. The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other. San Francisco, United States, Series A Configuration is simple and intuitive. As part of the terms of the transaction, Congruitive shareholders agreed to a one-year lock-up for the common shares being issued by Tantalus at closing. The C.IQ Substation Gateway performs traditional substation automation functions data acquisition and concentration, protocol conversion, sequence of events recording (SOE), annunciation, and more as well as advanced substation and distribution automation applications. RESTORE acquires and analyzes fault data at the substation or feeder level, and then automatically isolates the affected, , rerouting working sections to restore power to as many customers as possible within seconds of an outage. Further, its a great match in terms of culture and purpose. "Having C.IQ as part of our solution allows us to help public power and electric cooperative utilities prepare for the impact that an increasing number of EVs and roof-top solar panels will have on the reliability of their distribution grids. Learn a new word every day. Contact Tantalus: Taulia was able to help Fibrewave address their cash flow challenges and automate their invoice processing. This acquisition serves as a further demonstration of Tantalus purpose-driven mission to help utilities become sustainable from an enhanced financial, operational and environmental perspective, said Tantalus President and CEO, Peter Londa. Congruitive | 1,170 followers on LinkedIn. LCRA Configuration is simple and intuitive. While Tantalus considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. For nearly three decades we have focused on building technology and shaping solutions to meet the ever-changing needs of our customers. The purchase price was comprised of US$8 million of closing consideration in the form of approximately US$3.5 million in cash, 869,565 common shares of Tantalus based on a share price of CDN$1.76 (US$1.38) (calculated with reference to the volume weighted average trading price of Tantalus' common shares on the TSX over the last five trading days ended January 28, 2022 and exchange rates over the same period) and the assumption of certain debt on Congruitive's balance sheet at the time of closing. C.IQ is a brilliant addition to Tantalus existing portfolio of solutions and is core to our mission to help utilities become truly sustainable financially, operationally and environmentally. Tallahassee, Florida, Deputy Electrical Safety Officer Guided troubleshooting via HMI Built in debugger for internal communications engines Built in Protocol Analyzer for incoming and outgoing communications channels Automatic configuration and HMI building via IEC-61850 Easily manage large point configurations using Microsoft Excel Use an extensive set of predefined templates to easily create and maintain the substation configuration, views, and symbols Reconfigure the system as business requirements change. There's an ocean of difference between the way people speak English in the US vs. the UK. As part of the terms of the transaction, Congruitive shareholders agreed to a one-year lock-up for the common shares being issued by Tantalus at closing. Congruene.IQ CONTROL provides utilities and large energy producers with the technology they need to automate the control of renewable energy generation sources as well as utility-scale energy storage systems. from the recent acquisition of Congruitive. DC Public Service Commission Test your vocabulary with our fun image quizzes, Clear explanations of natural written and spoken English. Previous studies found that running also stimulates fat cells and muscle to benefit the brains regenerative and cognitive functionswith each organ using their own molecular phone lines.. Accept operational parameters from the system level and coordinate and prioritize feeder response. An auto-inhibit feature prevents malfunctioning inputs from clogging the display. conjecture: [noun] inference formed without proof or sufficient evidence. Aggregate data from the edge and community levels to provide improved situational awareness to system operators. Tantalus agreed to acquire 100% of the issued and outstanding common shares of Congruitive pursuant to the terms of a stock purchase agreement. Both our respective teams are purpose-driven, have long-standing customer relationships, and are completely committed to helping utilities thrive in this brave new world. The system has built-in protocol conversion, supporting industry-standards such as DNP3, Modbus and IEC-61850. MITIGATE enables utilities to manage their. Congruence.IQ is built on the Microsoft operating system and database technologies found in most utilities. Making that real-time and historic data available in forms that can be displayed readily and are easily consumed, our VISUALIZE product allows utility personnel to see trends and key operational details in clear and instantly actionable ways. The C.IQ Substation Gateway is available with a full-graphic HMI, allowing simultaneous display of multiple windows to give a complete overview of substation operations. consecutive: [adjective] following one after the other in order : successive. Congruitive has been a trusted partner to utilities, EPCs, large power producers and energy users since 1990 and has more than 100 utility customers and 400 projects worldwide. The Company will hold a conference call and webcast to discuss the financial results on Wednesday, March 15, 2022, at 11:00 am Eastern Time. "This acquisition is an important milestone and will provide value to our customer base," said Congruitive CEO, Kenneth Munson. Congruitive translates data across multiple . Utilities are also expected to reliably deliver additional power to support EVs even as theyre asked call to decarbonize their business. RESTORE brings those customers back online rapidly, safely, and securely. "This acquisition serves as a further demonstration of Tantalus' purpose-driven mission to help utilities become sustainable from an enhanced financial, operational and environmental perspective," said Tantalus President and CEO, Peter Londa. Based on the Random House Unabridged Dictionary, Random House, Inc. 2023, Collins English Dictionary - Complete & Unabridged 2012 Digital Edition How to use cognition in a sentence. MITIGATE reads and analyzes environmental and weather data automatically, and then implements appropriate mitigation strategies, replacing time-consuming manual review of reports and potential errors in script execution by operators. LIZE addresses the issues of increased generation and transmission costs at peak load times, as well as the challenges of maintaining feeder stability as increasing levels of DERs are connected to feeders. As consumers and businesses adopt these new devices at a breakneck pace, it puts enormous strains on an already challenged (and often outdated) electric grid. Read More . Previously named DC systems, Congruitive provides utilities, EPCs and dev. As that data volume grows, so does its value in identifying trends and assessing the status of operations if you can see the whole picture. In the U.S. alone, more than 526,000 EVs were sold last year. Has higher retention rate due to the above reasons. 0 && stateHdr.searchDesk ? Congruitive invests significantly in our technical and business infrastructure in support of an accelerated growth path designed to meet the demands of our customers. Orchestrate feeder protection, optimization and control. 2023. COGNITIVE meaning: of, relating to, or involving conscious mental activities (such as thinking, understanding, learning, and remembering) Sonoma wildfires prompt development of Mitigate, Southern California Edison selects DC Systems for Substation HMI using IEC61850, Control system for the 700 MW Tehachapi Wind Project, Delivered CAISO certified Remote Intelligence Gateway, Automated Load Shedding & Restoration at Fort Mead, MD, Distribution SCADA implemented at Chevron and Shell, DC Systems implements its Unix based SCADA system for PG&E, For nearly three decades we have focused on building technology and shaping solutions. Together, we look forward to helping utilities everywhere take full advantage of the data available to them, digitize the electric grid and better serve their communities in a rapidly changing world., About Tantalus Systems Holding Inc. (TSX: GRID). Yuanxin (Amy) Yang Alcocer. These examples are from corpora and from sources on the web. 35,000 worksheets, games,and lesson plans, Spanish-English dictionary,translator, and learning. The point at which autonomy should be handed over to the child is less clear when parenting children with cognitive disabilities. We use cookies to ensure that we give you the best experience on our website. Allegory, which encompasses such forms as fable, parable, and apologue, may have meaning on two or more levels that the reader can understand only through an interpretive process. Conduct data analytics and dispatching for market participation. Solution: In November 2019, Fibrewave decided to start using Taulia, Vodafone's provider of supplier management and financing solutions. Any-to-any protocol conversion is built into the platform and intelligently manages low bandwidth channels, mesh networks, serial communications and IP networking. Role-based access control Supports SSL, TLS 1.2 and TLS 1.3 Integral audit logs for security tracing and forensic review Base hardware and Operating Systems subject to international standards and best practice benchmarking High Availability options available, Deploy on base operating systems or in a virtual machine architecture Choose your own hardware based on use case requirements Options available from Dell, Cisco, ADLINK, Advantech, Crystal and more, Congruence.IQ Substation Gateway supports many use cases, including: Secondary Substations, The substation automation platform of choice for, The C.IQ Substation Gateway performs traditional substation automation functions data acquisition and concentration, protocol conversion, sequence of events recording. Preparing for your Cambridge English exam? The earn-out is tied to Congruitive increasing its annual revenue up to US$6.9 million by 2023. One moose, two moose. Test your vocabulary with our 10-question quiz! Are your language skills up to the task of telling the difference? It means, in short, that he is in an aesthetic attitude of realization rather than in a cognitive attitude. Tantalus is the right fit culturally, technologically, and operationally. Our open enterprise solutions serve as a gateway to acquire and distribute complex operational data across the grid, from substations and control centers to distributed energy resources and electric vehicles. Together, we look forward to helping utilities everywhere take full advantage of the data available to them, digitize the electric grid and better serve their communities in a rapidly changing world.". Additionally, there are known and unknown risk factors which could cause Tantalus actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. We continue to enhance and refine our technology to meet these challenges while also ensuring we remain hardware and protocol agnostic, future-proofing our customers. Uncanny formssemi-organic shapes, with stray kinks and curves hammered flatassumed an unlikely, Women still have to work harder to overcome role-, This should have been an experience of affirmation and tangible progression towards physical, At the time, there werent a ton of slam-dunk options, especially for a league that has historically had a high standard of basketball and values geographic, Maybe that would be its own form of spiritual growth on a micro scale proof of my own, Post the Definition of congruity to Facebook, Share the Definition of congruity on Twitter. Congruitive delivered approximately US$2.5 million in revenue from software and services in 2021. Residential solar installations exceeded 1 GW or the first time ever, with more than 130,000 systems installed in a single quarter. Tantalus' ability to access granular data and deliver next-generation analytics through TUNet coupled with our ability to transport and integrate data from distribution automation equipment and DERs will lead to an even greater range of solutions for the utility industry, and as part of Tantalus, C.IQ will have greater reach into the public power and electric cooperative utility segment.". Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity. We have, in other words, been assuming that language moves entirely in the ideational or cognitive sphere. Forward-looking information is generally identifiable by use of the words believes, may, plans, will, anticipates, intends, could, estimates, expects, forecasts, projects and similar expressions, and the negative of such expressions. Tantalus agreed to acquire 100% of the issued and outstanding common shares of Congruitive pursuant to the terms of a stock purchase agreement. Despite these disruptions, utilities are called upon daily to deliver safe, reliable and affordable services, while relying on legacy distribution grids that are challenged to respond to changing dynamics. Acquisition of Congruitive: The addition of Congruitive places Tantalus at the forefront of helping utilities modernize their systems by seamlessly integrating electric vehicles ("EVs") and distributed energy resources ("DERs") to improve the resiliency and reliability of distribution grids. , annunciation, alarming, communication management and historian functions in one platform. Data concentration with full protocol and data model conversion. Congruitive is leveraging multi-decade relationships with utilities through its substation automation expertise to deliver its signature software solution, Congruence.IQ ("C.IQ"), which is a software platform that enables the interoperability of a wide range of devices through an emerging Institute of Electrical and Electronics Engineers ("IEEE") standard. Tantalus acquired Congruitive, an innovative software company that plays an important role in helping the smart grid operate as one intelligent, interoperable system - and I'd like to take a moment to explain what a significant development this is for the combined company's customers, employees, partners, and shareholders. We are delighted to announce the closing of this acquisition today, and we welcome Congruitive's employees, customers and partners to Tantalus.". Very much focused on the welfare of the employees 3. The system can acquire and transmit time-tagged data and add time tags when needed. On February 1, 2022, Tantalus acquired Congruitive, an innovative software company that plays an important role in helping the smart grid operate as one intelligent, interoperable system and Id like to take a moment to explain what a significant development this is for the combined companys customers, employees, partners, and shareholders. Learn more at www.tantalus.com. Congruence.IQ Developed from the ground up to push the boundaries of what is possible - ensuring security, integrity and resiliency in the ultimate solution. The earn-out is tied to Congruitive increasing its annual revenue up to US$6.9 million by 2023. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'congruity.' Fish Oil, Turmeric, and Ginseng, Oh My! Additionally, there are known and unknown risk factors which could cause Tantalus' actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. But for now, what I can tell you for certain is that the addition of Congruitive to the Tantalus family is a significant win for our customers, our employees, our partners, our shareholders, and the industry at large. Dallas, United States, Secondary Market The Congruence.IQ Substation Gateway from Congruitive enables utilities and large energy users to collect, monitor, display, analyze, and archive data in a modern substation. Pacific Energy Advisors Subscribe today to the Daily Power Industry Newsletter for the most up-to-date and relevant utility industry news. Later, cognitive and behavioral problems can occur; dementia is not uncommon. Curated power industry news from thousands of top sources. Jacquie Hudson Tantalus ability to access granular data and deliver next-generation analytics through TUNet coupled with our ability to transport and integrate data from distribution automation equipment and DERs will lead to an even greater range of solutions for the utility industry, and as part of Tantalus, C.IQ will have greater reach into the public power and electric cooperative utility segment.. Folsom, California, Sr. Electrical Engineer As a recognized leader in grid-edge innovation, Ken is the Chief Executive Officer of Rhythmos. Tantalus Acquires Congruitive to Accelerate the Digitization of the Electric Grid, Congruitive Partners with Cisco for Rule 21 Gateway Solutions, PG&E Using Congruitive to Integrate Microgrid at Blue Lake Rancheria, M&A Trends Shine Spotlight on Data Acquisition, Transport, and Integration via SCADA devices at the Grid Edge, DER Imperative: Data and Control at the Edge, Ubiquitous hardware and operating systems, Intelligent bandwidth and security management, Intuitive and familiar user interfaces and updates. "We are excited to become part of the Tantalus family," said Congruitive Founder and Chairman Douglass Campbell. Fibrewave was onboarded in just minutes, enabling them to accelerate payments to inject much-needed . Tantalus Systems Inc. Actual events or results may differ materially. Congruence.IQ puts intelligence in the field to operate independently of communications networks and data centers with redundancy built in. 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