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 - Last Updated
 - 52 min ago
 - Bias Distribution
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Infravision Raises $91M Series B to Scale Transmission-Stringing Drones Globally
Infravision, an Austin-based startup specializing in aerial robotics for power grid construction and maintenance, raised $91 million in Series B funding led by Singapore's GIC to expand its innovative drone-based power line stringing system globally. The company's TX System, which integrates drones, intelligent ground equipment, and stringing hardware, offers a faster, safer, and more cost-effective alternative to traditional methods involving helicopters and ground crews, reducing project delays, costs, and community disruption. Infravision's technology has been proven in major projects worldwide, including emergency response efforts with PG&E in California and large-scale transmission projects in Australia. The funding will accelerate the deployment of this system in markets experiencing rapid grid expansion such as the US, Canada, and India, and support aggressive hiring plans to scale operations. With over 40 projects completed across four countries, Infravision aims to meet the surging global electricity demand while minimizing environmental impact. Utilities like PG&E, BC Hydro, and Hydro One are among its major customers, signaling strong industry adoption of this aerial robotics approach to modernize power infrastructure.

- Total News Sources
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 - 0
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 - Last Updated
 - 52 min ago
 - Bias Distribution
 - 100% Left
 
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28Serious
Neutral
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