DTE announces Karl Matthiasson as CEO of DTE
REYKJAVIK, ICELAND – Apr 14, 2023
DTE, a leader in metals intelligence, is pleased to announce the appointment of Karl Matthiasson as CEO of DTE. A key figure within the company since its inception, Karl has served as DTE’s co-founder, former CEO, Chairman, CFO and COO.
“Karl has been instrumental in shaping the company into an industry leader in its field,” commented Arni Blöndal, Chairman of DTE, “He succeeds Diego Areces who will remain a consultant to the Board of DTE. On behalf of the Board, I would like to express our gratitude to Diego for his leadership and invaluable contributions, leveraging his vast industry experience during the transition period of DTE.”
About DTE
DTE, Unlocking the Future of Metals™, is the leading innovator in real-time intelligence from liquid metals, serving customers across the metals production and manufacturing value chain through maximizing value, sustainability, safety, and efficiency for all stakeholders.
Our purpose is advancing human progress with greener, safer, more efficient, and more valuable metals, contributing to the 1.5-degree challenge while driving digital transformation towards Industry 4.0 with the next generation of IIoT analysis technology. DTE provides tangible financial and environmental business outcomes from the plant floor to the business levels through valuable intelligence and predictive insights from liquid metals.
IREAS™, DTE’s unique, connected, real-time intelligence from liquid metals solution seamlessly integrates IT and OT, combining chemical composition analysis from molten metals based on liquid-phase laser-induced breakdown spectroscopy (LP-LIBS™) with an artificial intelligence-based analytics platform and digital metals intelligence services.
For more information, please visit www.dte.ai
Contact Information
DTE ehf.
Karl Matthiasson, CEO
karl@dte.ai
Tel: (+354) 617 1326
Nordural’s decision was driven by a similar solution under testing in the existing casthouse. Olafur Arnar Fridriksson, Project Manager of the new billet casthouse at Nordural, commented, “We are very pleased to continue working with DTE. We see great potential in the equipment under testing in our current casthouse, so selecting DTE for this project was a straightforward decision. DTE is a strategic partner for Nordural, with their solution being gradually implemented throughout the production process”.
Traditionally, chemical composition analysis is performed at regular intervals by human intervention; DTE’s solution eliminates waiting times for test results and make the overall analysis process safer by removing the associated risks with human sampling. Continuous checks also increase precision and enable recycled materials to be incorporated as a larger part of the smelt. For the first time, EIT Manufacturing’s support will contribute to serving the customers that DTE has and to expanding IREAS, DTE’s metals intelligence solution, into new metals and materials.
“We are delighted to have been selected to receive this award from the European Innovation Council,” commented Diego Areces, CEO of DTE, “The EIC’s expert assessment process further validates and endorses the huge potential of IREAS, our metals analytics and intelligence solution both to add value and improve the sustainability of the metals industry. Today, producers and manufacturers are stuck with outdated methods for measuring and incorporating analysis of metals which hinders their process control and ultimately, ability to innovate. Our first-in-industry solution generates real time compositional data and intelligent process decision support from liquid metals, contributing to EU competitiveness, accelerating materials innovation, and helping energy intensive industries to decarbonize. This grant will enable us to advance our solution for aluminium smelter potrooms where we have already demonstrated the ability enhance predictive maintenance, with the potential to save billions of dollars per year in avoidable costs.”
