Tekfen | June 21, 2022
Tekfen Holding A.S., a leading conglomerate in the engineering, contracting and agriculture industries, announced a partnership and investment in Petra, the first undergrounding company using autonomous systems to bury critical utilities with robots capable of boring the hardest geologies in the world.
Tekfen Construction, the flagship company of Tekfen Holding, is renowned for the construction of large-scale projects—ranging from pipelines, power plants, industrial facilities, highways, railways, oil and gas terminals, tank farms, marine oil platforms, pumping and compressor stations, stadiums and high-rise buildings. Tekfen will implement Petra’s unique undergrounding technology into future construction, as well as grow their utility infrastructure business offerings. Together, they will utilize Petra’s technology in extreme environments where Tekfen Construction operates—European mountains, Middle Eastern deserts, and deep below existing urban infrastructure across EMEA—as well as explore new frontiers where Petra now makes undergrounding projects possible.
Petra’s undergrounding technology bores utility-sized tunnels through previously impenetrable geologies, making new projects possible in extreme environments. Petra provides engineers, contractors, and owners peace of mind by arming them with an undergrounding tool that successfully tackles nightmare geologies and changing ground conditions. Petra’s undergrounding machinery is equipped with remote operability, increasing safety measures on the job site.
In phase one of the partnership, Petra and Tekfen Construction will complete a 100-foot pilot tunnel in North American hard rock geologies that are substantially similar to Tekfen Construction’s traditional service area. Tekfen Construction will provide Petra with specifications of their typical pipeline projects and help inform Petra’s development of a trenchless method that can bore through mixed conditions, both hard rock and softer soils. The partnership will focus on developing projects which uniquely showcase the benefits and capabilities of the Petra technology, specifically focusing on opportunities in Europe, the Middle East, Africa, and CIS countries.
Petra’s one-of-a-kind tunnel boring technology will bring multiple benefits for the Company. Time is always a principal component of our responsibilities towards our clients in the projects we undertake. Difficult geographical and geological conditions are critical factors that affect our projects most adversely by interrupting project timelines, thus seriously affecting our costs. Petra will considerably shorten our drilling timelines. In addition to benefiting our future projects we are also excited to collaborate with the company to leverage Petra’s unique competitive advantage to pave the way towards new segments of the business.”
Mustafa Kopuz, President of Tekfen Construction
Petra created the first non-contact, thermal-drilling robot that can uniquely bore trenchless utility installations less than 72 inches in diameter through hard rocks. This makes it possible for Petra to bore utility tunnels through previously impenetrable geologies. Petra’s customers can rapidly bury critical utilities for a fraction of the cost of legacy techniques. Conventional microtunneling machines are purpose-built for a single diameter. By contrast, Petra is capable of boring a range of diameters between 18-72 inches, dramatically reducing the costs of tunneling and is designed to minimize downtime. The boring unit can be completely reversed, through the carrier pipe, to the inlet at any time during the operation, enabling system maintenance and cutterhead rescue.
“The world needs new undergrounding tools that are smart enough to handle changing ground conditions at various diameters through a variety of geologies,” said Petra CEO Kim Abrams. “Partnering with Tekfen Holding on some of the largest utility projects around the world will ensure communities have access to quality infrastructure that can be delivered economically to more places throughout the world.”
“Tekfen Construction’s success requires staying ahead of construction innovation—both in technology and new project opportunities—and Petra represents a novel way to innovate in both domains,” said Sinan Uzan, Tekfen Ventures’ President. “With more infrastructure safely underground, we can now envision new uses for the reclaimed above-ground land, including preserving biodiversity along with rights of way. Petra’s non-contact technology promises to lead the next wave of innovation for infrastructure construction at Tekfen and beyond. This kind of direct investment in a complementary US-based technology that is scalable worldwide represents a new path for the investment arm and we look forward to what’s possible working together.”
Petra is the first robotics company solely focused on undergrounding utilities. Petra is solving one of the biggest problems in utility infrastructure today: how to inexpensively underground utilities and enable trenchless installations in the most difficult geologies on earth. Petra changes the economics of undergrounding to make it more accessible for all communities. Underground your utilities with Petra to affordably safeguard your critical infrastructure.
Tekfen Holding is a publicly traded industrial conglomerate based in Istanbul, Turkey. The company conducts its operations in multiple countries with a workforce of 18000 employees through thirty-nine companies and thirteen subsidiaries, each of which is a leading name in its respective industries. The company’s five main areas are: Engineering and Contracting, Chemical Industry, Agricultural Production, Services and Investment. Tekfen Holding’s shares are traded on the Borsa İstanbul and are quoted in that exchange’s BIST 30 Index.
Oceaneering Space Systems | June 13, 2022
Oceaneering International announces that Oceaneering Space Systems (OSS), a division of the Aerospace and Defense Technologies segment, will serve on a team led by Collins Aerospace (Collins), a Raytheon Technologies business selected by the National Aeronautics and Space Administration (NASA) to develop next-generation extravehicular spacesuits.
NASA is enlisting commercial partners to develop, build, and maintain new spacesuit technology. The Collins team, which also includes ILC Dover, has decades of experience supplying spacesuits to NASA. Collins is one of two companies that received access to a NASA contract for Extravehicular Activity Services (“xEVAS”) worth up to $3.5 billion over 12 years to supply spacesuits for future missions.
Next-generation spacesuits require new technologies for missions targeted to begin as early as 2025 through 2034. These new suits are expected to allow astronauts to work outside the International Space Station, explore the lunar surface on Artemis missions, and prepare for human missions to Mars. Additionally, the suits are expected to accommodate nearly every astronaut body type, provide added flexibility to allow for increased mission times, and be adaptable to evolving technology enhancements as required.
“These suits will provide a better fit and comfort for the astronauts, increasing their mobility to safely operate on the surface of the moon,” said Carl Walz, former NASA astronaut and longtime Director of Business Development for OSS.
We are thrilled to work alongside teammates Collins and ILC Dover on this xEVAS contract to deliver the most capable spacesuit systems possible to get NASA astronauts to the moon and beyond. This award builds upon Oceaneering’s longstanding relationships with Collins, ILC Dover and NASA and its experience in prior spacesuit programs. Oceaneering has proudly enabled successful space missions for NASA alongside our industry partners for over 40 years, delivering thousands of products and mission support for the Space Shuttle, the International Space Station, and its international partners’ extravehicular activity.”
Rod Larson, President and Chief Executive Officer
About Oceaneering Space Systems
Oceaneering Space Systems is a leader in specialized engineering for harsh environments from sea to space. We complete turnkey design, development, manufacturing, certification, maintenance, testing and sustaining engineering for space-based robotics and automation, satellite servicing tools and equipment, human space flight systems and thermal protection systems. Our diverse engineering experience and precision manufacturing capabilities enable us to deliver product quality and mission assurance while maintaining an uncompromised focus on safety.
Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries.
Prophecy | June 23, 2022
Prophecy, the leading low-code platform for data engineering, announced the launch of Prophecy for Databricks, a powerful new offering that makes it easier and faster to build data pipelines that deliver the data for business intelligence and machine learning. This platform, with a visual drag-and-drop canvas, enables anyone that wants to do data engineering to visually and interactively develop, deploy and monitor data pipelines on Apache Spark.
Built for use by both seasoned data engineering teams and non-programmer data citizens alike, Prophecy for Databricks enables many more users to build pipelines easily, move them to production and accelerate the transition of companies being data driven. With 10x users enabled, data teams experience a radical increase in operational excellence and data quality enabling them to manage more pipelines than ever before.
IDC has forecasted that data is being created at an annual growth rate of 23%, which mans 181 zettabytes of data will have been created by 2025. With data growing so quickly, corporations are struggling to keep up with processing the data at this pace. According to Gartner, the DBMS market is nearly $80B and grew 22% in just the last year, with the share of cloud DBMS growing even faster than the overall DBMS market.
Existing data engineering products do not meet the needs of companies and have proven to be unnecessarily complex and inefficient. With Prophecy for Databricks, companies can 10x data engineering with dramatic increases in data practitioners doing data engineering, individual productivity, reliability of data pipelines, and data quality.
The industry need for data & analytics far outstrips what can be produced by data engineers programming in notebooks. With this release of Prophecy for Databricks, we're providing powerful, visual tools that enable an order of magnitude more data users to quickly develop data pipelines, at the same level as programmers. This expansion of data engineering to non-programmers is the only way to realize the potential of data at scale."
Raj Bains, CEO and co-founder of Prophecy
With Prophecy for Databricks, companies can modernize their data pipelines on Spark through the platform's core features, which include:
A Visual Development Environment - An intuitive, low-code, drag-and-drop IDE enables all data practitioners, from non-programmer to expert, to develop data pipelines on Spark quickly and easily. The platform turns the visual data pipeline into 100% open-source Spark code (PySpark or Scala), with interactive development and execution to verify that pipeline works correctly every step of the way.
Productivity Enhancement - The ability to build and extend custom data frameworks in the visual elements, standardizes and reuses components, leading to improved efficiency, better collaboration, and reduces risk. GIT integration allows for tracking and versioning of changes, test coverage ensures all changes are unit tested, CI/CD moves changes from development to production with high confidence, and metadata search and lineage ensures data can be tracked all the way back to the source.
Seamless Integration - Prophecy for Databricks integrates smoothly with existing Databricks data stack utilized by enterprises. The technology is deployed within a company's existing Virtual Private Cloud (VPC) and integrates with all major data products and is extensible to support additional tools, including Delta Lake.
Through Databricks Partner Connect, users can start using Prophecy directly within the Databricks User Interface (UI).
The Prophecy for Databricks platform utilizes Databricks Workflows to simplify the orchestration and management of production workflows on any cloud, allowing for the running of code reliably in a Databricks cluster.
Prophecy is the low-code data engineering company. Prophecy provides an easy-to-use visual interface to interactively build, deploy, execute, and manage data processing. Using software engineering best practices with GIT, CI/CD, unit tests, and column-level lineage, Prophecy is trusted by enterprises including multiple companies in the Fortune 50 running thousands of data pipelines every day.