Michigan’s SkySpecs gets $80M funding to expand drone software offering
SkySpecs, a Michigan-based company whose drone software is used to monitor about 45% of all wind turbine blades in North America, has scooped up a cool $80 million in strategic funding to grow its product portfolio as well as geographic footprint. The funding round was led by Goldman Sachs with participation from NextEra Energy Resources and existing investors.
SkySpecs provides wind farms with valuable data on the health of their wind turbine blades through autonomous drone inspections. In addition, the company leverages AI-based fault detection technology and diagnostic solutions to enable early and robust fault detection so customers can maximize uptime and asset lifetime. Overall, SkySpecs manages approximately 118 gigawatts of renewable energy assets across over 30 countries.
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Stressing that renewable energy is fast becoming a viable, attractive, and profitable energy…