IST History

History

  • IST’s core technology of Once Through Heat Recovery Steam Generators (OTSGs) was developed by a researcher from Solar Turbines in the late 80s named Tom Duffy.
  • Tom believed that there was a better way to make steam than using conventional boiler technology which was largely unchanged for 100 years. This provided the start for IST.
  • In 1992, two Ontario entrepreneurs, Nichols and Radtke entered into a deal to acquire the technology.
    IST’s current president, Bob Dautovich was hired as engineering manager to transfer technology and start building a team. Key members of the current management team joined shortly after.
  • In 2000, IST established a European sales office and booked its first European order.
  • In 2009, IST expanded its product line to include Enhanced Oil Recovery (EOR) OTSGs and filed for a patent
 on an improvement to existing technology to produce 90% quality steam (SQ90™).
  • In 2011, IST designs and manufacturers their 1st EOR 25 MMBtu trailer units and the 70th LM6000 application is completed.
  • To date (2012), IST has sold over 190 units in 19 countries around the world.