9 years ago

Sky-Futures Raises $5.7 Million for Drone-Based Oil & Gas Inspections

  • Sky-Futures, a drone startup that uses drones to inspect oil rigs and gas pipelines, has raised an additional $5.7 million in funding

  • This follows an earlier $3.8 million Series A round back in May

  • The latest funding comes from Bristow Group, a helicopter service provider to the energy industry, who have invested $4.2 million, while existing investor MMC Ventures followed on with $1.5 million in funding

  • Sky-Futures operates in the Gulf of Mexico, North Sea, the Middle East, South East Asia and North Africa, and works with more than 35 of the biggest oil and gas companies.

      • ProblemEnergy

      "Oil and gas companies are struggling to keep their rigs and pipelines safe and efficient. Current inspection methods are expensive, time-consuming, and dangerous, leading to costly downtime and potential environmental damage. "

      Solution

      "Sky-Futures uses drones to fly around oil rigs and gas pipelines, capturing high-definition video and imagery. The data is then analyzed by our software platform to identify potential problems, such as corrosion, before they become a serious issue, saving money, time, and lives. "

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