LeakSense SpaceTech Alumni Symposium 2019 Presentation Central Case - - PowerPoint PPT Presentation

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LeakSense SpaceTech Alumni Symposium 2019 Presentation Central Case - - PowerPoint PPT Presentation

Space Tech 2018 M A S T E R S P R O G R A M M E Space Tech 1 Graz University of Technology LeakSense SpaceTech Alumni Symposium 2019 Presentation Central Case Project SpaceTech 2018 Program ESTEC, June 2019 u


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SpaceTech 2018

M A S T E R ‘ S P R O G R A M M E

SpaceTech

Graz University of Technology

u SpaceTech.tugraz.at

SpaceTech 2018 – Program ESTEC, June 2019

LeakSense

SpaceTech Alumni Symposium 2019 Presentation – Central Case Project

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SpaceTech 2018

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SpaceTech 2018 Central Case Project (CCP)--Constraints

TU Graz ESA DLR

  • Maximum spacecraft

weight 500 kg (dry mass)

  • Viable business case
  • Include space

segment

  • Small Satellite(s)
  • Earth Observation

based solution

  • Explore innovative

solutions to real problems

  • Small Satellite(s)
  • Investigate modular

approaches (iBOSS and other)

  • Three organizations provided objectives and

constraints for the CCP effort—DLR, ESA and TU Graz

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SpaceTech 2018

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The team

Abakunda Joseph RWANDA AIR FORCE Bouzekri Oilid AIRBUS Burzykowska Anna ESA Morawitz Bastian RHEA SYSTEM Perczynski Piotr LUX SPACE Rubio-Blanes Alberto ESA Van der Laan Ludger TNO Varewijck George ATG-EUROPE Vogel Torsten AIRBUS Wolf Nadja ARIANEGROUP

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SpaceTech 2018

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February / March 2019 SpaceTech 2018

Credit: Reuters

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SpaceTech 2018

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Credit: SmithsonianMag

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SpaceTech 2018

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Current leak detection fails

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SpaceTech 2018

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Solving real industry problems

Globally oil and gas industry spends 32 B€ a year monitoring millions of kilometers of oil and gas pipelines

Source: Rigzone.com Source: Flowcontrolnetwork.com Source: perthdrone.co.au Source: Appalmad.org

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SpaceTech 2018

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Oil market analysis

Source: PWC, HIS Economics The Economic Impact of Crude Oil Pipeline Construction and Operation

7% a year past 15 years Can optimise O&M costs by as much as 20% Oil Industry Expanding Infrastructure Enhanced Monitoring Operations & Maintenance Stringent Regulations Greater Efficiency & Digitisation Damage & Liability ~3.5 B€ in 2015 in big data- related projects

15% Growth by 2020 !

Average O&M = ~150 k€ per annum per mile Environmental and Safety regulations

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SpaceTech 2018

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“Detect, geo-locate and monitor oil leaks in distribution networks globally”

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Technology gap

New dedicated fast revisit EO systems – such as LeakSense - will be competitive with current methods due to:

  • Payload customized to oil detection
  • Unconstrained global coverage
  • Unrivalled revisit time
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SpaceTech 2018

Customer needs and objectives

Reduce cost of leaks

  • Key performance parameters for pipeline leak detection1:
  • Minimize false positives
  • Accurate localization
  • Short time to detection
  • Sensitive to small leak size
  • Large coverage

1Pipeline leak detection handbook, M Henrie

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SpaceTech 2018

Sensing strategy

1720 nm 1730 nm 1740 nm Band 4

Hyperspectral Analysis of Oil and Oil-Impacted Soils for Remote Sensing Purposes. G. Andreoli et al. European Commission, Joint Research Centre

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SpaceTech 2018

Sensing strategy

Selected bands for LeakSense space segment payload

Band 1 Band 2 Band 3 Band 4 Band 5 Band 6 Near infrared Short wave and mid wave infrared Spectral range [nm] 850 - 880 945 -975 1635 – 1665 1715 - 1745 2335 - 2365 3395 - 3425 Spectral resolution [nm] 10 10 10 10 10 10 Use Normalized vegetation index (NDVI) and vapour correction Hydrocarbon (HC) detection

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SpaceTech 2018

Concept of operations

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SpaceTech 2018

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Top level design features (orbit and ground stations)

Sun Synchronous Orbit (SSO) 97.5° Altitude 523 km Local Time Ascending Node (LTAN) 14:00 Period 95 min 2-week ground track repeat time KSAT stations at Svalbard Launcher availibility

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SpaceTech 2018

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System performance

3.5 days 500 m external data 8 years 6 liters/min 4 satellites Φ=90°

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Payload

  • Key characteristics
  • Near Infrared, Short Wavelength Infrared and Mid Wavelength Infrared
  • Aperture: ~ 240 mm
  • Focal length: ~ 520 mm
  • Pixel resolution: 20 m for a

Ground Sample Distance of 40 m

  • Detector: Indium antimonide

photodiode (cryogenically cooled)

  • Compact design based on 3 mirrors

Mass: 105 kg Power: 165 W Volume: 260 liters

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SpaceTech 2018

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Subsystem Mass [kg] Payload 100 AOCS 44 Command and Data Handling 19 Power 111 Propulsion 34 Structure 69 Platform thermal heater 10 Communications 11 Preliminary mass 398 Subsystem maturity margin 5% Design mass 418 System margin 30% Dry Mass 543 Propellant 86 Wet mass 629

Mass budget

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SpaceTech 2018

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Satellite validation plan

Qualification Production

2021 2022 2023 2024 2025 2020

Launch LeakSense 1 Launch LeakSense 2 Launch LeakSense 3 and 4 Phase 1 System deployment and validation Phase 2 System deployment and validation

Phase 3 Full operations and Expansion

First View Insight

Development

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Delivering the solution

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Business model

Source: www.flaticon.com

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Product offering

Coverage Predefined geographical coverage Predefined geographical coverage Entire network Revisit period single scan 2 – 4 weeks less than 3.5 days Primary data source Commercially available or LeakSense data Commercially available data LeakSense data Price (oil) 500k€ single payment (Freemium for first time users) 800k€ per month 800k€ to 1,600k€ per month, depending on revisit requested

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Revenues distribution

Oil Water Revisit time Price per customer Customer Share Revenue Price per customer Customer Share Revenue [days] [€ p.a.] [%] [€ p.a.] [€ p.a.] [%] [€ p.a.] 0.5 M€ 2% 0.6 M€ 0.05 M€ 1% 0.83 M€ 14.00 10.6 M€ 3% 18.4 M€ 0.05 M€ 2% 1.7 M€ 7.00 12.7 M€ 5% 36.8 M€ 0.05 M€ 2% 1.7 M€ 3.50 19.0 M€ 10% 105.5 M€ 0.05 M€ 5% 4.2 M€ 1.75 25.3 M€ 15% 214.2 M€ 1.17 29.0 M€ 25% 421.2 M€ 0.88 31.7 M€ 40% 735.0 M€

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Investor value proposition

  • Proposed Exit Strategy: Initial Public Offering in 2030
  • Incremental funding based on delivery milestones
  • Maturity gates for further investment
  • Limited up-front commitment
  • Sensitivity assessment for market growth performed
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Time-to-market and first revenue

  • 50 M€

0 M€ 50 M€ 100 M€ 150 M€ 200 M€ 250 M€ 2020 2021 2022 2023 2024 2025 2026

Fast growth and return Growth and scaling

  • pportunities
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  • End-to-end solution
  • Unique global coverage for

complete pipeline networks

  • High revisit time
  • Cost effective
  • Continuous leak detection

Value Added Service for leak detection in oil pipelines

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SpaceTech 2018

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LeakSense makes sense