The Company has been formed with the purpose of integrating technologies that accelerate the reduction in carbon footprint across a variety of industrial applications. The Company's initial platform is comprised of three divisions: Marine and Defense, Energy, and Power Generation.
Kanaci Technologies has been formed with the purpose of integrating technologies that accelerate the reduction in carbon footprint across a variety of industrial applications.
In a separate transaction consummated today, Kanaci Technologies acquired
BJ Energy Solutions is the energy platform of Kanaci Technologies. The company has developed and deployed a leading next generation completions solution that is powered by a Vericor gas turbine. BJ Energy's first TITAN fracturing fleet was deployed in early 2021 and the eight-pump fleet has now accumulated more than 14,000 combined operating hours. The TITAN technology is designed to significantly reduce greenhouse gas ('GHG') emissions, lower the carbon footprint, and increase reliability over traditional and other competitive offerings.
Kanaci Technologies' power generation platform supplies industrial power generation solutions. With the increasing demands of distributed power generation, Kanaci Technologies will be positioned to provide power generation solutions for baseload, intermittency, peak, and load sharing power.
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