SkyX develops autonomous drone to Oil and Gas Industry
24 April, 2017
SkyX drone monitor 100km of pipeline, than autonomously goes to a charging station before continuing the mission. The company prepares a Round A financing
The Israeli-Canadian aerospace startup SkyX has emerged this month from its stealth mode and announced the revolutionary SkyOne, a fully Autonomous drone to the Oil and Gas Industries, and the preparations to secure its Round A financing. SkyX was founded by a former Captain in the Israeli Air Force and a Drone Pilot, Didi Horn, and has developed Unmanned Aerial Vehicles (drones) to inspect pipelines for damage, as well as for mapping and security surveillance.
SkyOne drone offer Vertical Take-Off and Landing (VTOL), autonomous flight and recharging and can travel at 150km/h for 70 min. It detects leaks, vandalism, vegetation encroachment and more. SkyOne is able to recharge itself in the field with no need to return to home base: It flies to the nearest available xStation, where it recharges in a weather-shielded dome before continuing its mission. The company is able to control either an individual UAV or an entire fleet and can monitor events through real-time video.
“We are en route for significant expansion,” said Didi Horn, SkyX Founder and CEO. We have built not only a fantastic, game-changing product for the oil and gas industry, but have also built a fantastic team of experts ready to get it out there. The oil and gas sector currently relies heavily on road vehicles and manned aircraft (i.e helicopters) to detect any damage or threat. These methods are expensive and less efficient than the SkyX solution.”
SkyOne targets a major market, since pipeline leaks are a massive global concern. Statistics suggest that globally, the market spends $37bn a year just in monitoring. With one patent filed in North America and a couple more on the way, and more than 10,000,000 km of oil and gas pipelines worldwide, the market and growth potential is huge.