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Stock impact report

Rockwell Automation technology and expertise help Drillmec develop innovative carbon-storage technology

Rockwell Automation, Inc. (ROK) 
Last rockwell automation, inc. earnings: 4/28 07:02 am Check Earnings Report
Company Research Source: PR Newswire
Italian drilling rig specialist uses data-driven intelligence and precision automation for maximum efficiency and minimum emissionsMILAN, June 27, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, is collaborating with Drillmec, a global on- and offshore drilling specialist based in Italy that is developing new, innovative storage technologies.Drillmec's advanced technology uses data-driven intelligence and precision automation to make drilling ingress points for new carbon storage facilities faster, easier, safer and more cost effective. This initiative underpins Drillmec's drive to develop solutions that draw on its drilling and rig expertise to reduce emissions and achieve environmental goals.Carbon capture and storage initiatives involve trapping carbon at the point of emission – for example, in a factory – and then pumping it to a suitable underground storage facility where it is Show less Read more
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