Founder Group Enters the US$180 Billion AI Market With AI-Powered Drone Technology for Solar Farm Inspections
Founder Group (NASDAQ: FGL) has announced a strategic partnership with VC AI to develop AI-powered drones for solar farm inspections. The drones will feature VC.AI's proprietary generative AI software and deep learning algorithms, enabling autonomous identification of anomalies and defects in solar panels without human intervention.
The initiative targets the US$180 billion AI market and aims to enhance FGL's solar operations and maintenance services. The global drone-based solar inspection market is projected to reach US$3.8 billion by 2032 with a 16.5% CAGR, while the solar O&M market is expected to grow to US$16.4 billion by 2034 with a 10.1% CAGR.
Founder Group (NASDAQ: FGL) ha annunciato una partnership strategica con VC AI per sviluppare droni a energia solare per ispezioni di impianti fotovoltaici. I droni utilizzeranno il software generativo proprietario e gli algoritmi di deep learning di VC.AI, consentendo l'identificazione autonoma di anomalie e difetti nei pannelli solari senza intervento umano.
L'iniziativa si rivolge al mercato dell'IA da 180 miliardi di dollari statunitensi e mira a migliorare i servizi di operazione e manutenzione solare di FGL. Si prevede che il mercato globale delle ispezioni solari tramite droni raggiunga 3.8 miliardi di dollari statunitensi entro il 2032 con un CAGR del 16,5%, mentre il mercato O&M solare è previsto crescere fino a 16.4 miliardi di dollari statunitensi entro il 2034 con un CAGR del 10,1%.
Founder Group (NASDAQ: FGL) ha anunciado una asociación estratégica con VC AI para desarrollar drones alimentados por IA para inspecciones de granjas solares. Los drones contarán con el software generativo propietario de VC.AI y algoritmos de aprendizaje profundo, que permitirán la identificación autónoma de anomalías y defectos en los paneles solares sin intervención humana.
La iniciativa apunta al mercado de IA de 180 mil millones de dólares y busca mejorar los servicios de operación y mantenimiento solar de FGL. Se proyecta que el mercado global de inspección solar basado en drones alcance 3.8 mil millones de dólares para 2032 con un CAGR del 16.5%, mientras que se espera que el mercado de O&M solar crezca hasta 16.4 mil millones de dólares para 2034 con un CAGR del 10.1%.
파운더 그룹 (NASDAQ: FGL)가 VC AI와 전략적 파트너십을 체결하여 태양광 발전소 점검을 위한 AI 기반 드론을 개발한다고 발표했습니다. 이 드론은 VC.AI의 독자적인 생성 AI 소프트웨어와 딥 러닝 알고리즘을 사용하여 인력 개입 없이 태양광 패널의 이상 및 결함을 자율적으로 식별할 수 있습니다.
이 이니셔티브는 1800억 달러 규모의 AI 시장을 목표로 하며 FGL의 태양광 운영 및 유지보수 서비스를 향상시키는 것을 목표로 하고 있습니다. 전 세계 드론 기반 태양광 점검 시장은 2032년까지 38억 달러에 이를 것으로 예상되며 CAGR은 16.5%에 이를 것으로 보이고, 태양광 O&M 시장은 2034년까지 164억 달러로 성장할 것으로 예상되며 CAGR은 10.1%입니다.
Founder Group (NASDAQ: FGL) a annoncé un partenariat stratégique avec VC AI pour développer des drones alimentés par IA pour les inspections de fermes solaires. Les drones utiliseront le logiciel génératif propriétaire de VC.AI et des algorithmes d'apprentissage profond, permettant l'identification autonome des anomalies et défauts dans les panneaux solaires sans intervention humaine.
Cette initiative vise le marché de l'IA de 180 milliards de dollars et a pour but d'améliorer les services d'exploitation et de maintenance solaire de FGL. Le marché mondial des inspections solaires par drone devrait atteindre 3,8 milliards de dollars d'ici 2032 avec un taux de croissance annuel composé (CAGR) de 16,5 %, tandis que le marché O&M solaire devrait croître pour atteindre 16,4 milliards de dollars d'ici 2034 avec un CAGR de 10,1 %.
Founder Group (NASDAQ: FGL) hat eine strategische Partnerschaft mit VC AI angekündigt, um KI-gestützte Drohnen für die Inspektion von Solarfarmen zu entwickeln. Die Drohnen werden über die proprietäre generative KI-Software und Deep-Learning-Algorithmen von VC.AI verfügen, die eine autonome Identifikation von Anomalien und Defekten in Solarpanels ohne menschliches Eingreifen ermöglichen.
Die Initiative zielt auf den 180 Milliarden US-Dollar schweren KI-Markt und soll die Solarbetriebs- und Wartungsdienste von FGL verbessern. Der globale Markt für drohnenbasierte Solarinspektionen wird voraussichtlich bis 2032 3,8 Milliarden US-Dollar erreichen, mit einer CAGR von 16,5%, während der Solar-O&M-Markt bis 2034 auf 16,4 Milliarden US-Dollar wachsen soll, mit einer CAGR von 10,1%.
- Entry into the rapidly growing US$180 billion AI market
- Partnership with VC.AI for advanced drone technology development
- Potential for new revenue streams through enhanced O&M services
- Improved operational efficiency through autonomous inspection capabilities
- None.
Insights
The AI-powered drone integration marks a significant technological advancement in solar farm maintenance. The combination of thermal imaging, generative AI and deep learning algorithms creates an autonomous inspection system that could revolutionize solar panel monitoring. The technology's ability to detect anomalies without human intervention represents a substantial efficiency improvement over traditional methods. With the global AI market at
The drone technology's autonomous capabilities and integration with VC.AI's proprietary software creates a compelling competitive advantage. The market for drone-based solar inspection services, growing at
This strategic partnership positions FGL at the intersection of three high-growth markets: AI, drone services and solar O&M. The solar O&M market's projected growth to
The market dynamics support long-term growth potential, with the convergence of renewable energy adoption and technological advancement creating favorable conditions. For a company with a market cap of
KUALA LUMPUR, Malaysia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, is proud to announce its strategic partnership with VC AI Limited (“VC.AI”) to co-develop advanced AI-powered Unmanned Aerial Vehicle (UAV) for solar farm inspections, ensuring the optimal performance of solar farms.
Beyond standard terrain mapping capabilities, thermal imaging cameras, and lightweight construction, the UAVs incorporate VC.AI’s proprietary generative AI software and advanced deep learning algorithms. These technologies enable the UAVs to autonomously identify anomalies and detect defects or malfunctions in the solar panels during inspections, eliminating the need for human intervention. This significantly enhances the efficiency of solar farm inspections compared to traditional manual methods. By deploying AI-powered UAVs on both FGL’s own solar farms and those of its clients, the company improves operational efficiency and optimizes its solar operations and maintenance (O&M) processes.
According to Statista, the global artificial intelligence (AI) market exceeded US
“This partnership represents a transformative step in solar farm management, combining our expertise in solar EPCC solutions with VC.AI’s cutting-edge AI technology. By integrating UAVs, we believe this will enhance our solar farm inspections, optimize solar O&M services, as well as unlock new opportunities for additional revenue streams,” said Lee Seng Chi, Chief Executive Officer of Founder Group Limited.
About Founder Group Limited
Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The company’s primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The company’s mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon-neutrality.
For more information on the Company, please visit https://www.founderenergy.com.my/.
About VC AI Limited.
VC.AI is a one-stop AI solution that supports businesses in their AI adoption by providing advanced hardware, real estate for GPUs, AI large language model (LLM) development, and AI cybersecurity.
Safe Harbor Statement
This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission, may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.
CONTACT INFORMATION:
For media queries, please contact:
Founder Group Limited
info@founderenergy.com.my
FAQ
What is the value of the AI market that FGL is entering through its drone technology?
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How will FGL's partnership with VC.AI enhance solar farm inspections?
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