Business
Micromem Update on Projects in Romania
Toronto, Ontario and New York, New York--(Newsfile Corp. - June 5, 2023) - Micromem Technologies ...
About this update from Micromem Technologies Inc.
[{"type":"text","content":"Micromem Update on Projects in RomaniaToronto, Ontario and New York, New York--(Newsfile Corp. - June 5, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) (\"Micromem\") (\"the Company\") has been advised that the work plan being developed by our team in Romania is expected to be completed mid-June. The work plan incorporates all the requirements for the ARTRA system and a schedule for the roll out of each phase. The team that Micromem and its partners have assembled to complete this work will be Chaired by Professor Dan Ioan Gheorghiu, and co-chaired by Professor Alin Dinita and Professor Karl Cosmin Banica. Professors Gheorghiu, Dinita and Banica will head up a group of senior professors, experts and engineers in their respective fields from both University of Oil & Gas of Ploiesti (https://www.upg-ploiesti.ro/en) and the University of Polytechnics of Bucharest (https://upb.ro/en/), working together to deliver on the Company's plan to interconnect the gas wells with our ARTRA technology and the electrical grid system with a newly developed powerline monitoring system, in Romania. The project teams have substantial depth not just in their respective professional areas but access to both public and private assistance in the planning and execution of the project. Professor Gheorghiu will also be Lead Project Manager of the joint venture that will oversee the ARTRA deployment, the powerline monitoring deployment, and the analytics deployment across both the projects.The credentials for our team leaders are as follows:Professor Dan Ioan Gheorghiu, Ph.D. in Engineering, President of the World Energy Council, Romanian Chapter since 2022; Chairman of the Supervisory Board and CEO of the Institute for Studies and Power engineering (ISPE) since 1992. Professor Gheorghiu graduated Magna Cum Laude, Ph.D. (Engineering) in Management and Financial engineering in the energy field. Professor Alin Dinita, Ph.D. in Engineering, the President (Rector) and Head of Development Strategies and Faculty of Mechanical and Electrical Engineering of University of Oil & Gas of Ploiesti, România (UPG). Professor Karl Cosmin Banica, Ph.D. in Engineering, pro-Dean of the Faculty of Electrical Engineering, Professor of Measurement System Department with the Polytechnics University of Bucharest (UPB). Professor Banica is the acting CEO ...