DTE receives European Innovation Council (EIC) award of €2.4 million with up to €7 million equity investment

REYKJAVIK, ICELAND – Jun 20, 2022

DTE (www.dte.ai), a leader in real-time and AI-based predictive metals analytics and intelligence for industry, announced today that it is the recipient of a €2.4 million grant award from the European Innovation Council, with a recommended further equity investment of up to €7 million that can be applied for through the EIC Fund. The fund, created by the European Commission in 2020, aims to provide direct equity investments in breakthrough innovation companies and offer the opportunity for other private investors to co-fund such highly innovative companies. The EIC award builds on a prior EU funding of €1.4 Million as a Horizon 2020 award received by DTE in 2018.

“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 Today, producers and manufacturers are stuck with outdated methods for measuring and incorporating analysis of metals which hinders their process control and ultimately, ability to innovate.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.”

IREAS™, DTE’s Intelligent Real-Time Elemental Analysis System is the first on-market solution replacing manual sampling of cooled solid samples with autonomous reference grade composi-tional analytics in real time from high temperature metal. Based on DTE’s proprietary LB-LIBS™ technology, IREAS uses laser induced breakdown spectroscopy to reads the precise composition of the liquid metal surface. It reduces the wait time for compositional data from hours to seconds, enabling this data to be incorporated in real time and predictive process control, while improving the safety of human operators by distancing them from the hot metal.

Find out more about DTE’s metals intelligence solutions at www.dte.ai

###

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 its 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.

About the European Innovation Council (EIC)

The EIC is Europe’s flagship innovation programme to identify, develop and scale up break-through technologies and game changing innovations. The European Innovation Council (EIC) has been established under the EU Horizon Europe programme. It has a budget of €10.1 billion to support game changing innovations throughout the lifecycle, from early-stage research to proof of concept, technology transfer, and the financing and scale up of start-ups and SMEs. The strategy and implementation of the EIC is steered by the EIC Board, which has independent members appointed from the world of innovation (entrepreneurs, researchers, investors, corporates and others from the innovation ecosystem). The EIC takes a proactive approach to managing funding under the leadership of EIC Programme Managers who develop visions for innovation and technology breakthroughs and steer portfolios of projects to achieve these goals.

A unique feature of the EIC is that it provides funding for individual companies through both grants and investments, which currently take the form of direct equity or quasi-equity investments and are managed by the EIC Fund.

For more information, please visit eic.ec.europa.eu

Contact Information

DTE ehf.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

DTE is a Winner of Tech Tour Future22 in the Digital Tech Category

REYKJAVIK, ICELAND – Mar 30, 2022

DTE (www.dte.ai), a leader in metals analytics and intelligence, is proud to have been chosen as a winner of the Tech Tour Future22 Digital Tech Category, one of just 38 companies selected out of 1000.

Every year Tech Tour meets with more than 2000 innovative companies in Europe which apply for our 20+ programmes in the sectors of digital, health tech and sustainability. From them, around 1000 take part in the programmes to meet with investors and peers and grow to reach their bold ambition.

From the 1000 selected companies committees of active investors in each sector picked the best 250 and Tech Tour challenged them to take part in Future22 – the gathering of tech companies, investors, corporations and professionals and a must for every tech entrepreneur. The online event took place on 23 – 25 March and the top 38 emerging (seed and Series A) companies were divided into 3 sectors – digital, health tech and sustainability.

DTE is focused on the multi-trillion-dollar metals production and manufacturing value chain, which is vital to our society and key to its decarbonization. Our unique, fully automated solution integrates proprietary elemental analyzers with our AI platform, generating predictive process intelligence to improve product quality, increase throughput, cut emissions, and improve profitability.

Find out more by contacting us at contact@dte.ai

#techtour #future22 #dtemetalsintelligence #metalsintelligence

Find out more about Tech Tour

###

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 its 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More
TMS 2022

Meet DTE at TMS 2022!

REYKJAVIK, ICELAND – Feb 27, 2022

DTE (www.dte.ai), a leader in metals analytics and intelligence, will attend TMS 2022. We invite customers, partners and collaborators to meet with us at the Anaheim Convention Center, Anaheim, California. We are in Booth 616, from Monday, February 28th to Wednesday, March 2nd.

TMS 2022

For the TMS 2022 exhibit directory, check here: https://lnkd.in/gsAMXu2S

In addition, DTE’s CSO Kristjan Leosson will present the research paper “Continuous Chemical Analysis of Molten Aluminum”, on Wednesday, March 2nd, 2022, at 9:45 AM in room 209A and DTE’s Chief Metallurgist Rauan Meirbekova will chair the session “Recycling and Sustainability in Cast Shop Technology”, on Tuesday, March 1st, 2022, at 2:30PM in room 209A.

DTE will also be present through the collaboration in two other research papers. They are:

“Direct Production of Aluminum Manganese and Silicon Alloys in Aluminum Reduction Cells, A Laboratory Test” to be presented by Gudrun Saevarsdottir on Thursday, March 3, 2022, at 9:00AM in room 209B

and

“Direct Production of Aluminum Titanium Alloys in Aluminum Reduction Cells, A Laboratory Test”, to be presented by Geir-Martin Haarberg, on Monday, March 14, 2022, at 8:00 AM through an on-demand room.

For the TMS 2022 conference guide, check here: https://lnkd.in/gRhVBCtE

Looking forward to meeting you all!

#IIoT #sustainability #fasterbettermetals #dtemetalsintelligence

###

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 its 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

DTE announced as a Winner of Tech Tour, Deep Tech 2021

REYKJAVIK, ICELAND – November 21, 2021

DTE (www.dte.ai), a leader in metals intelligence, is proud to have been chosen as a winner in the Hardware category of the 2021 Tech Tour, Deep Tech.

DTE was selected as one of only 12 winners within the Hardware category from an initial pool of more than 300 candidates.

For more information, see: https://www.linkedin.com/posts/tech-tour_dts21-deeptech-investing-activity-6867743561677467648-Buwj/

The Tech Tour Community started as two separate organisations 20 years ago – Europe Unlimited, founded in 1998 by William Stevens in Brussels, and Tech Tour, founded in 1998 by Venture Capitalist Sven Lingjaerde in Geneva. Both realised the need for a trustworthy and transparent environment, in which experts could share best practices and transfer knowledge across a network to identify and support the best emergent technologies in Europe.

Throughout the years Tech Tour and Europe Unlimited have been bringing together the most active corporates and investors in Europe and connecting them with the most promising entrepreneurs to establish smart partnerships and drive innovation. In 2013, Europe Unlimited and Tech Tour joined their efforts and now help entrepreneurs and investors realise their full journey of innovation, from the initial concept all the way through to valuation.

Operating under the name Tech Tour, we have since then become one of the largest investor-oriented communities in Europe connecting entrepreneurs, investors and corporate partners from across the world. Over 2000 high-tech companies apply and 750 investors take part in our 25 leading tech events held each year.

###

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 its 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

Join DTE at 2021 Tech Tour, Deep Tech on 17/18 November

REYKJAVIK, ICELAND – November 10, 2021

DTE (www.dte.ai), a leader in metals intelligence, is proud to be selected as one of 200+ game-changers in Deep Tech for the 2021 Tech Tour, Deep Tech and will present in the Hardware stream.

For more information, see: https://techtour.com/events/2021/11/event-deep-tech-2021.html?pageId=5496504

The Tech Tour Community started as two separate organisations 20 years ago – Europe Unlimited, founded in 1998 by William Stevens in Brussels, and Tech Tour, founded in 1998 by Venture Capitalist Sven Lingjaerde in Geneva. Both realised the need for a trustworthy and transparent environment, in which experts could share best practices and transfer knowledge across a network to identify and support the best emergent technologies in Europe.

Throughout the years Tech Tour and Europe Unlimited have been bringing together the most active corporates and investors in Europe and connecting them with the most promising entrepreneurs to establish smart partnerships and drive innovation. In 2013, Europe Unlimited and Tech Tour joined their efforts and now help entrepreneurs and investors realise their full journey of innovation, from the initial concept all the way through to valuation.

Operating under the name Tech Tour, we have since then become one of the largest investor-oriented communities in Europe connecting entrepreneurs, investors and corporate partners from across the world. Over 2000 high-tech companies apply and 750 investors take part in our 25 leading tech events held each year.

###

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 its 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More
Margrét Ormslev Ásgeirsdóttir

Margrét Ormslev Ásgeirsdóttir, Partner at Brunnur Ventures and Chairman of Taeknisetur, joins DTE Board of Directors

REYKJAVIK, ICELAND – November 2, 2021

The Board of DTE ehf. (DTE) (www.dte.ai), a leader in metals intelligence, is pleased to announce the appointment of Margrét Ormslev Ásgeirsdóttir to DTE’s board of directors.

Margrét, currently a Partner at Brunnur Ventures, joined as a Director of the Board of DTE, effective from October 22, 2021. She replaces Árni Blöndal, Managing Partner at Brunnur Ventures. She is also Chairman for Taeknisetur, an Icelandic government owned non-profit company providing core infrastructure and technical support to high tech innovation companies.

Margrét Ormslev Ásgeirsdóttir
Margrét Ormslev Ásgeirsdóttir
New Director of the Board of DTE,
Partner at Brunnur Ventures,
Chairman for Taeknisetur

For over six years Margret has held various lead managerial roles at the Icelandic cleantech company Carbon Recycling International, building the company from R&D phase to international growth. She has previously worked in corporate finance and restructuring in the National Bank of Iceland and has held various board and council roles at universities, start-up initiatives and in industry.

Margrét holds degrees in Industrial Engineering and Economics from the University of Iceland, focusing specifically on sustainable energy and energy markets.

Richard MacKellar, Managing Partner at Chrysalix Ventures and Chairman of the Board of DTE, commented, “I’m very pleased to welcome Margrét to the Board. She brings a wealth of experience associated to cleantech, venture investment and successful startup initiatives. Considering her background, she will be major contributor for DTE to realize its purpose and to deliver in one of its major values which is enabling producers and end-user manufacturers to make greener metal products and meet the 1.5-degree challenge”.

###

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 its 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

DTE Presents at Hightech Venture Days 2021 – Oct 26 & 27, Dresden

REYKJAVIK, ICELAND – October 27, 2021

DTE (www.dte.ai), a leader in metals intelligence, is proud to be nominated as one of only 40 companies selected to present at High Tech Ventures Days 2021.

High Tech Venture Days is Europe’s leading match making and funding program for high-tech companies & international investors. The aim is to foster innovation made in Europe by providing access to capital for high-tech startups that deliver patent-based technologies for B2B applications. This year’s event will take place from 26 to 27 October 2021, in Dresden, Germany, and online from 28 to 29 October 2021.

Diego Areces, CEO of DTE, presented to the assembled group of ~180 industry-focused investors and corporates.

 

###

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 its 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

Clemens Blum, former Schneider Electric Industry Business Unit EVP, joins DTE’s Board of Directors

REYKJAVIK, ICELAND – September 25, 2021

The Board of DTE ehf. (DTE) (www.dte.ai), a leader in metals intelligence, is pleased to announce the appointment of Clemens Blum to DTE’s board of directors.

Clemens Blum, currently a Board Director and a Private Equity Advisor, joins as a Director of the Board of DTE, effective from October 22, 2021. He currently serves as Board Member of the Buhler Group, RAFI GmbH & Co. KG and Laird Connectivity. He is also a strategic advisor for Advent International and Oaktree Capital.

Clemens spent over 17 years at Schneider Electric, where he was the Industry Business Unit’s EVP between 2010 and 2016. In this role he led a global organization of over 15,000 people researching, defining, developing, manufacturing, selling and supporting industrial automation products, solutions and services.

Clemens holds a degree in Electrical and Electronics Engineering from Furtwangen University, and a Business, Management and Marketing degree from Pforzheim University.

Richard MacKellar, Managing Partner at Chrysalix Ventures and Chairman of the Board of DTE, commented, “I’m delighted to welcome Clemens to the Board. He not only brings an unparalleled level of experience associated to the development and commercialization of process control, software and digital solutions to industrial customers, but also endorses the unique value that DTE brings to the metals market associated with sustainability, safety and operational efficiency.”

Find out more about DTE’s real-time liquid metals intelligence solutions at www.dte.ai.

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 its 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

DTE announces appointment of Diego Areces as CEO

Leadership changes to accelerate DTE’s expansion as a provider of unique real-time and predictive metals intelligence solutions

REYKJAVIK, ICELAND – September 16, 2021

The Board of DTE ehf. (DTE) (www.dte.ai), a leader in metals intelligence, is pleased to announce the appointment of Diego Areces as Chief Executive Officer.

Diego Areces, who joined DTE in 2020 after a long tenure at Schneider Electric, succeeds Karl Matthiasson, one of the Company’s two founders, who steps into the role of Chief Financial Officer.

The changes reflect DTE’s increased commercial focus and reorganization to accelerate its market expansion, as it continues to innovate around its unique elemental analysis LP-LIBS™ technology, advances its real-time and predictive metals intelligence platform to the next level, and launches its forthcoming Series B financing round. Diego Areces’ mission will be to lead DTE through its growth phase, while Karl Matthiasson, in his new role as CFO, will focus on solidifying DTE’s financial foundation, expanding its global presence and leading the next funding round.

“I’m very pleased to take on the CEO role to continue building on the success of DTE’s technological accomplishments,” commented Mr. Areces, “Our disruptive technology is poised to transform the metals market and the team has developed solid relationships with strategic customers, which collectively form the launch pad of DTE’s market expansion. Our metals intelligence platform enabled by our unique elemental analysis technology allows us to deliver beneficial financial and environmental business outcomes to our customers. We see ourselves as significant contributors to a carbon-neutral future and digital transformation towards Industry 4.0 for the industries we serve. I want to thank both Karl and Sveinn, the co-founders and prior CEOs, for their achievements and the support that they have provided to my appointment.”

“We’re delighted to announce Diego’s leadership and are convinced that he is the right person to drive DTE going forward,” commented DTE co-founder and former CEO Karl Matthiasson, “We look forward to the next phase of the Company’s evolution and will continue to build a larger, stronger team to deliver the value that we can achieve through unlocking the future of metals.”

Richard MacKellar, Managing Partner at Chrysalix Ventures and Chairman of the Board of DTE, commented, “Chrysalix is excited and supportive of the nomination of Diego Areces as DTE’s CEO. We welcome Diego to this new role in the Company as we continue to drive DTE’s growth to fulfill its potential in leading a market of new and better, greener, safer, more efficient metals through technological innovation and value-added solutions. I would also like to thank and acknowledge Karl for his outstanding leadership up to this point, which continues with the challenge of leading DTE’s financing and next funding rounds.”

Find out more about DTE’s real-time liquid metals intelligence solutions at www.dte.ai.

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 its 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 seamless integrated 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More

Former Alcoa EVP and COO, Tomas Sigurdsson joins DTE Board of Directors

REYKJAVIK, ICELAND – May 1, 2021

The Board of DTE (www.dte.ai), a leader in metals intelligence, is pleased to announce the appointment of Tomas Sigurdsson to DTE’s Board of Directors.

Tomas Sigurdsson joins as a Board Director of DTE from 14 April 2021, after having served as an advisor to the Company for the past year. He currently serves as the CEO of HS Orka, Iceland’s leading private renewable energy company. He was formerly Chief Operating Officer and President of Alcoa, responsible for the daily operations of global assets of the Company’s Bauxite, Alumina and Aluminium segments and a member of the Alcoa Executive Team, setting strategic direction for the Company. He co-ordinated the activities of nearly 50 locations across Europe and was accountable for Alcoa’s smelters and refinery in Iceland, Italy, Norway and Spain. Prior to this he was Managing Director of Alcoa Iceland.

Tomas was the Chairman of the Chamber of Commerce in Iceland, has served on the board of Federation of Industries and was also a member of the Executive Committees of the European Aluminium Association, Eurometaux, and the American Chamber of Commerce to the European Union.

A graduate of the University of Iceland, Tomas has a bachelor’s degree in civil and environmental engineering and a master’s degree in planning from Cornell University,

Richard MacKellar, Managing Partner at Chrysalix Ventures and Chairman of the Board of DTE, commented, “I’m delighted to welcome Tomas to the Board — he brings a wealth of operating industry experience to the Company.”

Find out more about DTE’s real-time liquid metals intelligence solutions at www.dte.ai.

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 its 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 seamless integrated 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.
Diego Areces, CEO
diego.areces@dte.ai
Tel: (+354) 698 0173

Read More
  • 1
  • 2