Independent Technologies, Blair, Neb., is acquiring EnerTrac, a fuel delivery and monitoring system, from Senet Inc., Portsmouth, N.H., the companies announced.
The Wesroc division of Independent Technologies will be adding EnerTrac to its portfolio of monitoring solutions for companies that store and distribute propane and refined fuels, with capabilities to measure, monitor, track and report. Further, Wesroc and Senet will work together to extend the reach of the EnerTrac system, which will continue to run on Senet’s low-power, wide-area network, the companies said in a Dec. 11 statement.
Hank Smith, CEO and president of Independent Technologies, said, “We look forward to working with Senet to expand deployments of the EnerTrac solution and to meet the growing demand for automated tank monitoring solutions in North America and around the world.”
EnerTrac is designed to optimize delivery efficiency by using monitors to capture customer fuel tank levels throughout the day. The data are transmitted over the Senet network directly to a fuel marketer’s back-office software. Companies use EnerTrac to help save on fuel delivery costs, more accurately forecast fuel usage, reduce the carbon footprint of their delivery fleet and to improve their overall customer experience.
Senet CEO Bruce Chatterley said, “Following this sale, we look forward to a strong and long-lasting partnership with Wesroc, providing them with LoRaWAN connectivity solutions to help expand and grow their tank monitoring product line.”
Senet is to provide network connectivity and build-out services to Wesroc through LoRaWAN monitors and low-cost, long-range LoRaWAN connectivity. LoRaWAN is a Low Power Wide Area Network (LPWAN) specification intended for wireless battery operated “Things” in a regional, national or global network, according to the Lora Alliance (www.lora-alliance.org/technology). The LoRa Alliance, Beaverton, Ore., is an open, non-profit association that works to advance wide area networks for Internet of Things, machine-to-machine (M2M), smart city, and industrial applications, its website says.