RCS - GETECH Group plc - GTC Expands its Platform for the Energy Transition

GetechAnnouncement

01/04/2022 07:15

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RNS Number : 8532G  GETECH Group plc  01 April 2022

1 April 2022

Getech Group plc

("Getech" or the "Company")

Getech Expands its Platform for the Energy Transition

Getech, the net zero technology provider and data-led energy asset developer,
is pleased to advise that it has expanded its Maptium
(https://getech.com/getech-products/technology/maptium/) platform offering
with further content and analysis for the energy transition.

Maptium provides a secure web-based gateway to Getech's world-class data and
analytics content. It allows users to visualise and analyse energy and mineral
resources information, maximising the value and knowledge of their projects
and operations. The platform can be utilised by customers across a wide range
of energy transition projects, including geothermal, critical minerals and
carbon capture and storage.

The following content is available to license through Maptium now:

·    Maptium Gravity & Magnetic - enhances understanding of the
subsurface, using Getech's world-leading global gravity and magnetic data. The
content is used by customers across the energy transition sectors to de-risk
exploration, improve efficiency and optimise performance in the delivery of
projects;

·    Maptium Sedimentary Copper - provides analysis and insights into the
location and economic concentration of sedimentary copper, a metal key to
almost every renewable energy solution. The content is used by mining
customers to improve prospectivity of their copper exploration projects;

·    Maptium Geodynamics - enables access to Getech's market-leading plate
model and geodynamics expertise to improve understanding of the geologic
evolution for an area of interest. The content is used by customers across the
energy transition sectors to build a better regional understanding of their
projects.

Further information on Maptium can be accessed on Getech's website:
https://getech.com/getech-products/technology/maptium/
(https://getech.com/getech-products/technology/maptium/) .

Getech's Chief Executive Office, Dr Jonathan Copus, commented:

"As energy supply transitions to more localised low carbon solutions, Getech
is reinventing the way we provide access to our global geoscience data and
analytics.

Delivered through our scalable Maptium platform, we are building a range of
modular solutions that target applications in the geothermal, critical
minerals, and carbon/energy storage sectors. These modules provide customers
with cost-effective access to targeted essential data, workflows and analytics
that previously were only available through Getech's global petroleum
solutions.

By investing in our products, technologies, and talent, Getech is
strengthening our market share in the energy transition and increasing revenue
generation. This in turn helps us build strategic relationships, which we can
use to access unique participation opportunities in decarbonisation projects."

 

 

For further information, please contact:

 

 Getech Group plc                                  Tel:  0113 322 2200

 Jonathan Copus, Chief Executive

 Cenkos Securities plc

 Neil McDonald / Pete Lynch (Corporate Finance)

 Michael Johnson / Dale Bellis (Sales)             Tel:  0207 397 8900

 Camarco

 James Crothers / Toby Strong / Charles Dingwall   Tel: 020 3781 8331

 

 

 

Notes to editors:

 

Getech (AIM: GTC) helps countries and companies to manage their natural
resources and energy infrastructure to assist in the delivery of a successful
energy transition to a net zero economy. We use our extensive geoscience and
geospatial technology, data and skills to locate sustainable energy resources,
de-risk and optimise their development, and to ensure long-term economic
production. Our focus is on scalable projects that can deliver meaningful
impact across industries including oil and gas, critical minerals, geothermal,
green hydrogen, and carbon capture and storage.

Getech is also using its data, technology, and skills to build its own
portfolio of low-carbon assets. The Group is developing its first green
hydrogen projects in Inverness and Shoreham, targeting decarbonization of the
commercial transport sector across multiple green hydrogen hubs. UK commercial
fleet fuel demand, which in 2019 totalled GB£12 billion, is set to fully
decarbonise by 2050.

For further information, please visit www.getech.com (http://www.getech.com) .

 

 

 

 

 

 

 

 

 

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