Onboard Dynamics

Advancing Cleaner Energy For Our Environment

Jason Vosburgh

Onboard Dynamics Signs Investment Agreement with BP Energy Partners

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Investment provides growth capital to accelerate market-leading technology for methane reductions from pipelines while lowering greenhouse gas (GHG) emissions.

BEND, Ore., Oct. 5, 2021 /PRNewswire/ — Onboard Dynamics, Inc. (“Onboard Dynamics” or the “Company”), a leading climate-tech provider of unique, patented, mobile natural gas pipeline evacuation and vehicle refueling compression technology and equipment, today announced the signing of an investment agreement between Onboard Dynamics and BP Energy Partners, LLC (“BPEP”). The equity investment from BPEP provides Onboard Dynamics capital to scale its products and service offerings.

Across its series of patented products, Onboard Dynamics manufactures, sells, leases, and provides turnkey service to utilities, local distribution companies (LDCs) and natural gas pipeline operators for blowdown, evacuation, and routine maintenance. Onboard Dynamics’ products allow customers to conduct best practices during natural gas pipeline operations, recovery of stranded natural gas from various sources, and natural gas vehicle fleet refueling.

Increased demand for reliable and cost-effective solutions to combat methane leaks from pipelines led to the launch of Onboard Dynamics latest product, the GoVAC™ Flex.

The GoVAC™ Flex is a pipeline evacuation system that provides natural gas pipeline operators a tool to minimize and mitigate methane and greenhouse gas (GHG) emissions during pipeline maintenance, repair, and replacement. Due to its self-contained design, the GoVAC Flex has lower full-cycle emissions than competing evacuation equipment since it is fueled by pipeline natural gas recovered during the evacuation process, eliminating the need for external fuel (e.g., diesel) or electrical power. The GoVAC™ Flex can draw pipeline pressures down to near zero pounds per square inch (psig) and can evacuate natural gas into an adjoining pipeline or compress it into a tube trailer or storage tank for injection or use elsewhere. The system is mobile, flexible in siting, and in addition to pipeline gas, can also utilize, or transport stranded natural gas, responsibly sourced gas (RSG), biomethane or renewable (RNG) for best use.

“This new exciting partnership with BPEP and the synergies with its portfolio companies will allow us to meet the demand of this rapidly growing market”, says Rita Hansen, CEO of Onboard Dynamics, “our new product will help customers receive economic value while achieving their environmental and sustainability goals through reduced diesel consumption and the elimination of venting and flaring practices.”

“We are pleased to partner with Rita and the Onboard Dynamics’ team to aid the natural gas industry in decarbonization and demethanization” states Cole Robertson, Managing Director at BPEP. “The technology allows pipeline operators to reduce methane and GHG emissions during routine operations.”

The transaction is expected to close in October 2021.

About Onboard Dynamics, Inc.: Founded in 2013, Onboard Dynamics is leading the climate-tech transition with its unique, patented, mobile, and modular technology platform to responsibly use natural gas. The innovative products based on this platform enable customers to achieve economic value and environmental benefits by simplifying the capture, compression, and transfer of natural gas. Whether deployed at a remote pipeline job site, in an oil or gas production field, at a dairy renewable methane recovery project, or at a fleet yard hosting clean natural gas vehicles, its products can compress natural gas or renewable natural gas from any source for convenient transfer via pipeline or high-pressure tanks for environmentally effective use. For more information, visit Onboard Dynamics’ media coverage or connect on Twitter (@OnboardDynamics), Facebook, and LinkedIn. More information can be found at https://onboarddynamics.com/.

About BP Energy Partners, LLC:
BP Energy Partners, LLC (BPEP), is a Dallas, Texas-based growth-oriented private equity firm. Since its inception, BPEP has focused on a lower carbon future by establishing and growing sustainable and responsible companies in the natural gas value chain including infrastructure, power, logistics, transportation, environmental services, renewable natural gas, midstream, and distribution. BPEP will also invest in low-carbon energy solutions and renewables. BPEP collaborates with entrepreneurs, family-owned businesses, project developers, and experienced management teams to provide patient capital, financial and operating expertise, and deep industry relationships. BPEP currently manages over $550 million in committed capital and is actively investing in new opportunities. More information can be found at https://www.bpenergypartners.com/.

SOURCE BP Energy Partners

Onboard Dynamics Presentation at Enercom’s Oil and Gas Conference

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Rita Hansen, CEO, and Co-founder of Onboard Dynamics gives a presentation about the unique, mobile, modular products that Onboard Dynamics offers. Whether they are deployed at a remote pipeline job site, in the field, or at a fleet yard, the product solutions can accept any low-pressure natural gas or a renewable natural gas source and then compress or move this natural gas for responsible use. And, there is no need for any external power source to operate.

goVAC evacuating a pipeline

The presentation focuses on the recently launched pipeline evacuation unit, the GoVAC™ Flex, and the continued progress the company has made driving down emissions in the cleantech industry.

 

There are challenges facing the natural gas industry and Onboard Dynamics provides solutions that simplify the capture, compression, and movement of natural gas. This enables customers to receive economic value while achieving environmental goals.

This video covers the results of natural gas vessel-to-vessel transfer, results of pipe-to-pipe transfer abilities, and pipe-to-tube trailer transfer abilities of the GoVAC Flex. 

Watch the full presentation here to learn more:  

Download the presentation: 

About the Enercom Oil and Gas Conference

EnerCom’s The Oil & Gas Conference® offers investment professionals the opportunity to listen to the world’s key senior management teams present their growth plans and provides industry professionals a venue to learn about important energy topics affecting the global oil and gas industry. The 2018 edition of EnerCom’s The Oil & Gas Conference® hosted 100+ presenting companies with operations spanning more than 40 countries and six continents. Enterprise Values of the 2019 presenters will range from approximately $9 million to $150 billion

More than 2,000 institutional and hedge fund investors, energy research analysts, retail brokers, trust officers, high net worth investors, investment bankers, and energy industry professionals gather in Denver each year for the unique opportunity to meet and discuss future industry plans, growth opportunities, and economic trends that are impacting the exploration and production of oil and natural gas. EnerCom works with presenting company management teams arranging one-on-one meetings with the attending institutional investors and research analysts during the Conference.

Onboard Dynamics Launches the GoVAC™ Flex to Reduce Fugitive Methane Releases

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BEND, OR June 15, 2021 – Onboard Dynamics has responded to the critical need to reduce methane releases into the atmosphere with their latest product launch of the GoVAC™ Flex. This simple, mobile, fully integrated solution will provide operators of natural gas pipelines a tool to safely minimize their greenhouse gas (GHG) emissions during routine pipeline maintenance.

As part of the product validation process with actual pipeline operators, successful pipeline evacuation projects have been held at utility companies in Oregon, California, and Nevada. The GoVAC Flex will be a key contributor to the mission of these companies in finding innovative clean natural gas solutions that are crucial to reducing GHG emissions while providing an affordable and sustainable energy future.

The GoVAC Flex is self-contained and fueled solely by a small amount of the natural gas that is being recovered during the evacuation process. It can draw a pipeline down to near zero psig and transfer the gas into an adjoining line at any pressure or compress the gas up to 3600 psi into a tube trailer for transport to another pipeline or end use location.

“We developed the GoVAC Flex to help our customers reach their critical goal of reducing greenhouse gas emissions,” said Rita Hansen, CEO of Onboard Dynamics. “We’re excited to launch this new product and demonstrate our leadership in the clean energy technology marketplace.”

The GoVAC Flex is small enough to be pulled by a half-ton pickup making it easy to transport to and maneuver around a job site. Despite its small size, it can evacuate a pipeline in less time than other approaches that require multiple pieces of equipment. Because it operates on clean natural gas, a pipeline evacuation operation utilizing the GoVAC Flex emits less GHG emissions than products that use a diesel-powered air compressor.

Founded in 2013, Onboard Dynamics is leading the climate-tech revolution with its unique, patented, mobile, and modular technology platform to responsibly manage and use natural gas. The innovative products based on this platform enable customers to achieve economic value and environmental benefits by simplifying the compression and transfer of natural gas. Whether deployed at a remote pipeline job site, in an oil or gas production field, at a dairy renewable methane recovery project, or at a fleet yard hosting clean natural gas vehicles, its products can compress natural gas or renewable natural gas from any source for convenient transfer via pipeline or high-pressure tanks for environmentally effective use. And there is never a need for an external electrical power source or diesel for operation. For more information, visit ObDI media coverage or connect on Twitter (@OnboardDynamics), Facebook, and LinkedIn.

Onboard Dynamics Presentation at The Energy Venture Investment Summit

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The virtual event was presented by Enercom and Colorado School of Mines and featured an array of emerging energy technologies and alternative energy start-up ventures. It took place on February 10 – 11th, 2020. Our CEO, Rita Hansen, shared our solutions for cutting down emissions for natural gas pipeline operations.

During this presentation, Rita highlighted Onboard Dynamics’ latest product, the GoVac, which provides a unique solution for evacuating natural gas pipelines and compressing the gas into a tube trailer for refueling, or for injecting natural gas into an adjoining pipeline. 

GHG emission reduction has a world focus and Onboard Dynamics offers smart technologies to transition to clean energy through practical, scalable, and economical solutions in the natural gas industry. 

Download the presentation>>

Onboard Dynamics wins the 2020 Luis Villalobos Award

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Onboard Dynamics wins Luis Villalobos Award

2020 Luis Villalobos Award Technology Winner: Onboard Dynamics

Onboard Dynamics has developed innovative natural gas compression technology allowing a low-pressure natural gas source to be compressed up to 3600 psi – all integrated within an engine platform. It runs on natural gas to compress natural gas without the need for electricity. The first product to market is the GoFlo® CNG-80 natural gas compressor launched in 2018.

In addition to “no electricity required”, this product brings many other benefits to their target customers with its mobility, scalability, and ease of installation and deployment. The applications are many within the different verticals in the industry.

And, they are witnessing a significant demand and interest in the international arena. Not only with increased adoption of natural gas as a transportation fuel but also in the transport of natural gas via various methods.

There is also a huge opportunity with tackling flared and/or stranded gas for smaller wells in remote areas. The system can be used to convert conditioned gas into compressed natural gas to fill tube trailers for transport and/or refueling locally.

How Award Winners are Chosen

Companies are nominated by ACA members to participate in this prestigious award.

The Luis Villalobos Award recognizes the most ingenious and innovative ideas recently financed by members of the Angel Capital Association. Two category winners are selected to attend the ACA Summit and honored live and throughout the event. The award is presented to the winning CEOs during the annual awards ceremony at the ACA Summit. Companies in all investment sectors are invited to participate and will be considered for one of two Category Winner opportunities. The categories are:

  • Technology, Services, & Consumer: (Hardware & Software, Social Media, Web 2.0., Fintech, AgTech, etc.)
  • Life Sciences (Pharma, Med devices, HealthCare IT, Digital or Mobile Health, etc.)

The award is open to companies that have received funding from an ACA member / angel group are in operation when the application is submitted. 

Both the ACA member / group and company complete a short nomination form and is complete when both are received by the ACA nomination committee.

Learn more about the award here: https://www.angelcapitalassociation.org/luis-villalobos-award/#LVWinners

Onboard Dynamics at Fuel 2020

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Fuel 2020 Logo

Fuel 2020, hosted by VertueLab, is the Pacific Northwest’s premier cleantech summit. This year’s virtual event took place from September 9th to 25th and featured short daily sessions that attendees could participate in. The sessions ranged from fireside chats, hot-seats, panels, and networking circles.

September 9th, 2020 Rita Hansen, CEO of Onboard Dynamics, shared our story of what an equitable, sustainable future looks like from her perspective, and where Onboard Dynamics products and services fit into that future. 

“This invitation really validates the work we are doing to transition to a cleaner, global energy footprint,” said Rita Hansen, CEO of Onboard Dynamics. “I believe that a solid, reasonable transition plan is what is necessary for society to embrace and fully commit to in order for us to get from here to there.” 

Watch our video from this event to learn about our vision of how Onboard Dynamics is helping to provide a more sustainable future to combat climate change through our CNG and RNG solutions. 

About Fuel 2020

For 11 years VertueLab has brought together a community of future-focused leaders, innovators, entrepreneurs, and investors at an annual summit to fund, fuel, and catalyze solutions for climate change. 

Learn more about the event here >>https://vertuelab.org/fuel-2020/