TeleVenture Management

Norsk Innovasjonskapital AS

Rune Rinnan

ITS Konferansen

Rica Nidelven, Trondheim

29 – 30 mars 2011

Bakgrunn

• TeleVenture Management (TVM)

etablerte Telenor Venture i 1993.

• TVM satser på nye muligheter fra

Campus Kjeller og har full fokus på

Norsk Innovasjonskapital AS (NIK).

• Ønsker å bygge NIK II med Trondheim

og Bergensmiljøet som

samarbeidspartnere

• Aktivt eierskap i bedrifter med betydelig

vekst og verdi potensial.

• + 5 000 ansatte

• Forskning og utvikling basert på

industri og krav

• Offentlige og idustri finansiering

• Kommersialisering hub eid av

FoU-institusjoner, blant andre

• Inkubasjon og foreløpig

finansiering, tidlig

forretningsutvikling

7 R&D Institutions 1 Commercial hub Value creation & realisation

• «Hånd-plukkede» selskaper i

porteføljen

• Administrert av TeleVenture

Management

Odin Aero ASHelix Technologies AS

Hepmarin AS

Genetic Analysis AS

Franatech AS

Nicarnica Aviation AS

Wavetrain Systems AS

Hybrid Energy AS

Clarity WTS AS

Lenco Systems AS

Light Structures

AS

Norwegian Defence Research

Establishment (FFI)

Norwegian Institute for Air Research

(NILU)

Institute for Energy Technology (IFE)

Norwegian Geotechnical Institute

(NGI)

Geo-Science Research Foundation

(NORSAR)

Bio Sciences, Ås

(Bioparken)

Norwegian Metrology Services

(JV)

Campus

Kjeller

AS

Sikret prosjekt tilgang ved avtale CK og NIK

Anvendt teknologi – en forutsetning

” Prospects for economic growth now depend importantly on a

country's capacity to develop and apply new technologies.”

Alan Greenspan, tidl. amerikansk sentralbanksjef

Innovators don’t

change the

world.

The users of

their

innovations do.

(Michael Schrage, MIT Media Lab)

* Includes option to acquire an additional 9,40%

Description

• Safety solution for railway crossings

• Can be fitted to existing solutions

• Based on seismology and sound detection

technology from NORSAR, Kjeller

• Wireless

WAVETRAIN SYSTEMS AS

Market

• Railway crossings in US = +130,000

• Railway crossings in Europe = +121,000

• Railway crossings in Norway = + 3,000

Positioning

• No competitors within the wireless solution market

• 60 – 80 % cheaper than existing solutions

• Can also work as a mobile solution

• JBV Norway accepted pilot test Sept. 2010

- Potential order of minimum 20 systems in 1H 2011

• Strong interest from Portugal, Sweden, UK, Romania,

Czecho Rep., and Germany

Vibration sensorsVibration sensors

Warning system (lights,

sounds, etc.)

Warning system (lights,

sounds, etc.)The WaveTrain

Controller

Selected customers

Update:

-) Certified supplier to all Scandinavian countries

-) Test installations planned for USA, Portugal, Spain

and Romania

-) Partner agreement with Relacom, AZD Praha,

Cotronic S.A

-) Awaiting signing from JBV Norway for 20 installations

Description

• Developed leading underwater sensors for

measurement and discovery of environmental gases

FRANATECH AS

Market

• Discovery of explosive gases and leaks of hazardous

gases

• Mexican Gulf platform leakage could have been

discovered pre-explosion

• Subsea production systems / offshore / onshore drilling

• Methane measurement in drinking water reservoirs

• World market for “Environmental Sensing” US$ 4.2 billion

• Growing at 22% p.aPositioning

• Unique membrane technology

• High sensitivity and response on existing sensors

• New generation of long lived and stable laser based

sensors under development and in customer testingMethane Sensor

Selected customers

Update:

-) A 150 m² increase in production facilities ongoing

-) Verification program for CO2 sensors started

-) Sensor testing in US, Canada, Malaysia and Brazil for

the environmental market

Description

• IR based camera technology for identification of ash

and turbulence in the air

• Either ground or airplane installations

• Developed by NILU

NICARNICA AVIATION AS

Market

• Aviation industry including airports

• Commercial airlines and private planes

• Contract with METS (UK)

• LOI with EasyJet and Airbus

• Negotiations with Boeing

Positioning

• Unique patented technology

• Proven in ground based systems

• Accurate detection from long distances

• High resolution real time 3D images

• Not interrupted by extreme climates

Letter of intent

Update:

-) Production of IR prototype camera for airplanes

started

-) On-plane testing with METS, UK agreed for April 2011

Description

• Systems for surveillance of stress in hulls and

constructions

• Based on fibre optics

• Originates from FFI, Kjeller

LIGHT STRUCTURES AS

Market

• Maritime vessels such as ships and tankers

• Windmills, offshore rigs and pipes, bridges and other

infrastructure

• Used by the Norwegian Navy

Positioning

• 70 systems delivered to the shipping market

• Unique system that enables real time surveillance of

constructions

• Enables extension of maintenance intervals Cost

saving

• Stores data for use in subsequent analysis

• Approved for use in explosive hazardous environments,

for example inside oil and gas tanks (LNG ships)

Hullinfo unit

Junction box

Sensor interface unit

Accelerometer

Short-base strain sensor

Long-base strain sensor

Selected customers

Update:

-) Contract negotiations with Sevan Marine

-) Volume of tenders increasing rapidly

-) New product for the FPSO market delivered

Description

• Central Management Software for connecting and

presenting information from multiple sensor

platforms

• Integration, storage, prediction, visualizing and

notifications

LENCO SYSTEMS AS

Market

• Strong growth in demand for civilian integrated

surveillance systems

• Military installations (Camp Force Protection)

• Industrial installations

Positioning

• Enhances detection and facilitates early warning

• Cost reductions, reduces number of monitoring systems

• Adds value to and increases life-span of existing security

and monitoring infrastructure

Process/analyze

Database

Multiple External systems for

surveillance and monitoring

Sensors Surveillance cameras

Selected customers

Update:

-) Contract awarded for delivery of airport system to

Madagascar

-) Tendering for deliveries to JBV Norway and Oman

-) Partnering with Nio Securities for deliveries to the

middle east

LENCO SYSTEMS WHAT WE DO

SECURITY Reduce false alarms

OPERATIONS

SURVEILLANC

E

Increase operational efficiency

Achieve situational control

LENCO SYSTEMS HOW WE DO IT

SENSORS

• Utilize existing sensors

• Convert specialized sensor

formats

SYSTEMSDATA

• Utilize existing systems

• Extract data from closed

systems

• Utilize external data-feeds

• Access analytical databases

- We integrate and store all data in common format databasesDATA STORAGE

- We combine integrated data and customized logicLOGIC

- We combine integrated data and customized algorithmsPREDICTION

- We include customized automatic response and control algorithmsALARM & CONTROL

SPX

integration

platform

Existing

infrastructure

- We present a clear situational overview including response guidesUSER INTERFACE

LENCO SYSTEMS WHY WE DO IT

SENSORS

• Utilize existing sensors

• Convert specialized sensor

formats

SYSTEMS DATA

• Utilize existing systems

• Extract data from closed

systems

• Utilize external data-feeds

• Access analytical

databases

- We integrate and store all data in common format databasesDATA STORAGE

- We combine integrated data and customized logicLOGIC

- We combine integrated data and customized algorithmsPREDICTION

- We include customized automatic response and control algorithmsALARM &

CONTROL

- We present a clear situational overview including response guidesUSER INTERFACE

Mange selkaper utvikler og produserer sensorer og systemer

•Forsøker å benytte standarder men lenge til standardisering

•Behov for en programvareplatform Sensonr Platform X som samkjører ikke

standardiserte system/produkter I et skjermbilde format

•Ikke bare for fremtidige sensorer men for millioner av eksisterende sensorer som

er i bruk i dag

LENCO SYSTEMS

Lencosystems X

PS

EXAMPLES

TUNNELS

Situation:

• Cracks is a liability risk in

tunnels

• Manual inspections at

intervals only

• Cracks create leakages

Solution:

Use SPX to integrate new

special sensors, existing

control systems and

prediction algorithmes to

detect and predict cracks

Integrate security and fire

system to reduce false alarms

and increase situational control

Challenges:

• Real time monitoring on

crack development missing

• Forecast on crack

development missing

• Forecast on pump control

Lencosystems X

PS

EXAMPLES: SECURITY

POWER NETWORK

Situation:

• Critical part of the network is

monitored by several camera

systems

• Several different sensors for

security also in place

Solution:

Use SPX to integrate camera

system, external sensors and

programmable logics and

analytics to verify alarms and

present key information

Integrate existing camera-

systems with existing and new

sensors to reduce false alarms

Challenges:

• Majority of alarms are false

• Different user interface for

each system

FACILITIES

Situation:

• Several independent systems

• Many locations and facilities

• Difference in response-guides

Solution:

Use SPX to integrate existing

fire and intruision systems

into a single, customized user

interface to present key data

in real-time

Integrate security and fire

system to reduce false alarms

and increase situational control

Challenges:

• No common user

• Information overflow

• Exiting top system not able

to integrate new sensors and

systems

ROV

Situation:

• Remote Operated Vehicles

(ROV`s) require real time data

control.

• ROW are equipped with

advances sensor systems

Solution:

Use SPX to integrate

onboard system and remote

control system for effective

control and operation of

ROV’s

Integrate onboard system and

remote control system for real-

time control and operation

Challenges:

• No common data format

• Integration of onboard system

and remote control system

• Integrate advanced sensors

EXAMPLES: OPERATION

WIND PARK

Situation:

• Parks are operated from

control centers

• Turbines are equipped with

sensors

Solution:

Use SPX to integration of

sensors, control system, data

feeds and analytics to achieve

real time overview, forecast

and optimize operation.

Integrate existing camera-

systems with existing and new

sensors to reduce false alarms

Challenges:

• Limited situational overview

of production and situation in

real time

• Optimize service intervals

• Forecast on production

RAILWAY

Situation:

• Several independent systems

for control and monitoring

• Critical infrastructure

• Manual inspection and control

Solution:

Use SPX to integrate data

from existing systems, sensor

data and logics to achieve

pre-alarms and automatic

response guides in operation

Integrate data from surveillance

and control systems to increase

operational efficiency

Challenges:

• Low efficiency in operation

• Pre-alarms and automatic

response guides often missing

Lencosystems X

PS

COMMAND CENTER

Situation:

• A military command center is

coordinating air, ground and

sea operation in parallel and in

real time.

Solution:

Use SPX to integrate critical

data from air, ground and

sea operation to provide real

time situational overview

and decision support

Integrate data from air, ground

and air operation systems to

provide decision support

Challenges:

• Large amount of real time

information from different

systems and data sources

• Real time decision support is

critical

EXAMPLES: SURVEILLANCE

ENVIRONMENT

Situation:

• Several independent facilities

for dismantling of oil rigs and

outdated manufacturing

equipment

• Strict requirements on

emissions

Solution:

Use SPX as a platform for a

mobile emission measurement

unit for integration of sensors

and existing systems to provide

situational control

Platform for a mobile emission

measurement unit to provide

situational control

Challenges:

• Activities varies strongly

over time in type and set up

• Dismantling include

environmental waste

RESTICTED AREA

Situation:

• Critical parts of the perimeter

and area are monitored a

camera systems

• Several different sensors for

security also in place

Solution:

Use SPX to integrate camera

system, external sensors and

programmable logics and

analytics to verify alarms and

present key information

Integrate camera system and

external sensors to reduce false

alarms and increase security

Challenges:

• Majority of alarms are false

• Lack of situational control

• Increase of security level

required in part of the area

Lencosystems X

PS

- We present a clear situational overview including response guidesUSER INTERFACE

EXAMPLE: SURVEILLANCE USER INTERFACE Lenco

systems X

PS

SECURITY CONVERGENCE C MAINTAINING A CAGR OF 20%+

OVER THE NEXT 3 YEARS

The integration of the building security

and automation systems allows

automation of building management

and processes in case of emergencies.

In order to achieve this, security system

integrators and manufacturers need to

bridge the gap between the security

and the IT world (and vice versa),

adopt open standards, move away

from proprietary solutions and adopt

a best of breed one. However,

achieving this scale of integration

involves adhering to different national

and regional regulations and at the

same time has a standardised platform

able to speak with the different

systems in a scalable, reliable and

secure way.

Frost & Sullivan

CONVERGENCE OF INFRASTRUCTURE

Source:Miami Herald, cartoon by Jeff MacNelly

LECO SYSTEMS

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