Energy, Oil & Gas Magazine Issue 219 March 2024 | Page 10

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The result is the most accurate subsurface maps in the world .
Data driven
Headquartered in Tel Aviv and the San Francisco Bay area , Exodigo ’ s team brings unparalleled expertise in AI and signal processing from elite Israeli intelligence units and is backed by top industry partners . Jeremy Suard , Chief Executive Officer and Cofounder , brings nearly a decade of experience in signal processing and artificial intelligence from his time with one of Israel ’ s elite army intelligence units . During his service , Jeremy was awarded the three highest Israeli Defense Force honors for technology and leadership excellence , making him the most decorated technology major in the Israeli Army .
“ I was born in France ,” he begins , “ and moved to Israel when I was about 15 years old . I studied physics at the Hebrew University and then , like most young people , went into the army . There are a couple of big tech units in the Israeli Army and the top 0.1 percent of kids in the country are trying to get into these elite units , as most tech startups come from those strong talent pools . I left the army in 2021 and alongside my co-founder and a bunch of other friends , we spent time trying to figure out what we were going to do . Our original idea was to go into the medical arena . We thought about building a machine that could perform an MRI scan , CT scan and ultrasound combined . It bothered us that the current process required duplication and we wanted to tackle the problem with AI . When we started exploring possibilities , we also began looking at other areas where imaging was a problem , and the underground environment came to light .
“ If you consider exploration for oil and gas or construction , there are two underground maps that are very interesting ; one involves geotechnology , which considers sub surfaces and the location and level of the water table , for example . The second shows the location of pipes and cables . Unexpected issues resulting from cable location and having to move cables is one of the major reasons for delays in major transportation and energy projects . So , the more we studied it , the more appealing it was .
“ We built a team and raised one of the biggest seed rounds at that time in Israel that enabled us to build the first product . Our first mapping product looked at manmade subsurface infrastructure , and we commercialized the product specifically for the energy and transportation sectors . Time and budget are always issues in these sectors . Anything that goes wrong can have huge repercussions and delays . Our technology uses the same concepts as MRI scans and ultrasounds . We combine huge amounts of data to create an effective 3D map and we find finer details than the current methods ’ capabilities ,” he enthuses .
Positive impact
As energy and utility firms lead the shift from fossil fuels towards renewable power sources , they are urgently working to upgrade aging infrastructure so that it can support a green future . Access to comprehensive and accurate subsurface information is critical to finishing these upgrades on time and on budget . Exodigo offers energy and utility firms the certainty that they can trust in higher efficiency across portfolios , thereby avoiding costly delays by mitigating underground risk and freeing up capital caught in contingency funding .
“ Let ’ s say you ’ re burying thousands of kilometers of electric power lines or building new substations ,” Jeremy continues . “ If one gas pipe or high-voltage power line that was not on the maps is discovered , the repercussions can be exponential . At worst , it could be extremely dangerous , at best , disruptive . But that ’ s not the only effect . Such a discovery could necessitate halting the project to not only discern which company owns the cable and then acquiring the authority to relocate it but also gaining
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