The precision of the laser, combined with the power of AVA's Artificial Intelligence/Machine Learning software, enables them to identify individual rollers before they become problematic enough to affect performance - ie. allows preventative maintenance. Competing technologies require humans walking the conveyor belt - some of these mining conveyor belts are many kilometers long. Walk along it looking for problems, rather than be directed to the exact roller at the exact location that needs replacement. Track problems in a spreadsheet, instead of having an A.I. system that is constantly identifying them and learning to improve its performance.
The cost to a mine of a conveyor belt being shut down is very high. Preventing shutdowns means greater profits for the miners.
AVA Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
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