Spectaire Announces Strategic Distribution Partnership with a Fortune 1000 Energy Company [Yahoo! Finance]
BP p.l.c. (BP)
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Source: Yahoo! Finance
WATERTOWN, Mass., April 17, 2024 (GLOBE NEWSWIRE) -- Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire” or the “Company”), a pioneer in environmental measurement technology, signed a distribution partnership agreement with a Fortune 1000 Energy Company (the “Strategic Partner”). The Strategic Partner has been granted global distribution rights for the Company's AireCore units for the oil and gas industry. AireCore, a patented technology developed at MIT, provides a solution for oil and gas companies to quickly understand the effects of their efforts to lower emissions and enables real-time visualization of the outcomes from environmental initiatives. By measuring and quantifying emissions during drilling operations, AireCore helps oil and gas companies identify pollutants, assess emission reduction technologies, and optimize processes to minimize environmental impact. Brian Semkiw, CEO of Spectaire, stated, "This collaboration with our Strategic Partner is a transformative step
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