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Stock impact report

Brazil State Signs MOU For Smart Tailings Dam Monitoring [Forbes]

INMARSAT PLC ADR (IMASY) 
NASDAQ:AMEX Investor Relations: investors.inmarsat.com
Company Research Source: Forbes
Brazil State Signs MOU For Smart Tailings Dam Monitoring The Brazilian state of Minas Gerais – the site of two recent disastrous tailings dams disasters – has inked a Memorandum of Understanding with technology firm Inmarsat providing to provide smart monitoring for the dams. Inmarsat and the Brazilian state will explore several options to “achieve improved awareness and transparency of the tailings dams in the region,” which may lead to Inmarsat providing Internet of Things technology to the local government for dam monitoring. Minas Gerais was the site of the Mariana dam disaster Brumandinho Another dam in the state, in Barão de Cocais, was on the brink “Our IoT-based monitoring solution leverages advanced connectivity technologies to give mining companies total visibility over the safety and integrity of their dams, and enables them to take action to avert safety issues,” Inmarsat Enterprise President Paul Gudonis said in the statement. Inmarsat’s technology is a pathway to a “glob Show less Read more
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