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Volatus Aerospace Completes Large Drone Solar Farm Inspection Contract

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Volatus Aerospace has successfully completed a major drone solar farm inspection project covering 2,250 acres and over 762,750 solar panels across 16 solar fields and 1 large substation. The company employed RGB and infrared drones alongside handheld thermal cameras, utilizing AI-powered software for data analysis and anomaly detection. The project represents a significant opportunity in the solar energy market, which is projected to reach $300 billion USD by 2032 with a 17.3% CAGR from 2023-2032. The inspection was conducted as a final phase before transferring the solar fields to their owners.

Volatus Aerospace ha completato con successo un importante progetto di ispezione di un parco solare con droni, coprendo 2.250 acri e oltre 762.750 pannelli solari attraverso 16 campi solari e 1 grande sottostazione. L'azienda ha utilizzato droni RGB e infrared insieme a telecamere termiche portatili, sfruttando un software alimentato da intelligenza artificiale per l'analisi dei dati e il rilevamento delle anomalie. Il progetto rappresenta un'opportunità significativa nel mercato dell'energia solare, che si prevede raggiungerà 300 miliardi di USD entro il 2032 con un CAGR del 17,3% dal 2023 al 2032. L'ispezione è stata condotta come fase finale prima del trasferimento dei campi solari ai loro proprietari.

Volatus Aerospace ha completado con éxito un importante proyecto de inspección de un parque solar utilizando drones, que abarcó 2,250 acres y más de 762,750 paneles solares a través de 16 campos solares y 1 gran subestación. La empresa empleó drones RGB e infrarrojos junto con cámaras térmicas portátiles, utilizando un software impulsado por inteligencia artificial para el análisis de datos y la detección de anomalías. El proyecto representa una oportunidad significativa en el mercado de la energía solar, que se proyecta alcanzará $300 mil millones USD para 2032 con un CAGR del 17.3% desde 2023 hasta 2032. La inspección se realizó como fase final antes de transferir los campos solares a sus propietarios.

Volatus Aerospace2,250 에이커에 걸쳐 16개의 태양광 발전소와 1개의 대형 변전소의 762,750개의 태양광 패널을 점검하는 대규모 드론 태양광 농장 점검 프로젝트를 성공적으로 완료했습니다. 이 회사는 데이터 분석 및 이상 탐지를 위해 AI 기반 소프트웨어를 활용하여 RGB 드론과 적외선 드론, 휴대형 열 카메라를 함께 사용했습니다. 이 프로젝트는 2032년까지 3천억 달러에 이를 것으로 예상되는 태양광 에너지 시장에서 중요한 기회를 나타내며, 2023년부터 2032년까지 17.3% CAGR 성장이 예측됩니다. 이 점검은 태양광 발전소를 소유자에게 이관하기 전의 최종 단계로 수행되었습니다.

Volatus Aerospace a réussi à mener à bien un projet majeur d'inspection de parc solaire par drone, couvrant 2.250 acres et plus de 762.750 panneaux solaires à travers 16 champs solaires et 1 grande sous-station. L'entreprise a utilisé des drones RGB et infrarouges, ainsi que des caméras thermiques portatives, en utilisant un logiciel alimenté par l'IA pour l'analyse des données et la détection des anomalies. Ce projet représente une opportunité significative sur le marché de l'énergie solaire, qui devrait atteindre 300 milliards USD d'ici 2032, avec un TACG de 17,3% de 2023 à 2032. L'inspection a été réalisée comme phase finale avant le transfert des champs solaires à leurs propriétaires.

Volatus Aerospace hat ein bedeutendes Drohnenprojekt zur Inspektion eines Solarparks erfolgreich abgeschlossen, das 2.250 Acres und über 762.750 Solarpanels über 16 Solarfelder und 1 große Umspannstation umfasst. Das Unternehmen setzte RGB- und Infrarotdrohnen sowie tragbare Wärmebildkameras ein und nutzte KI-basierte Software zur Datenanalyse und Anomalieerkennung. Das Projekt stellt eine bedeutende Gelegenheit auf dem Solarmarkt dar, der voraussichtlich bis 2032 300 Milliarden USD erreichen wird, mit einer CAGR von 17,3% von 2023 bis 2032. Die Inspektion wurde als letzte Phase vor der Übergabe der Solarfelder an die Eigentümer durchgeführt.

Positive
  • Successfully completed large-scale inspection of 762,750 solar panels across 2,250 acres
  • Implemented AI-powered software for efficient data analysis and anomaly detection
  • Targeting expanding market with over 5,000 solar farms in the US
  • Operating in growing solar energy sector with projected $300B market by 2032 (17.3% CAGR)
Negative
  • None.

767,750 solar panels and 1 large substation, spanning across 2,250 acres Inspected

TORONTO, ON / ACCESSWIRE / October 28, 2024 / Volatus Aerospace Inc. (TSXV:FLTV)(OTCQX:TAKOF)(Frankfurt:A3DP5Y/ABBA.F) is pleased to announce the successful completion of a large drone solar farm inspection project. The inspection spanned 2,250 acres, covering over 400MW of solar power capacity and 762,750 solar panels across 16 solar fields and 1 large substation. This milestone highlights Volatus' expertise in providing innovative aerial solutions for critical infrastructure sectors, including renewable energy, oil and gas, and energy utilities.

Volatus utilized RGB and infrared (IR) drones in combination with handheld thermal cameras to collect comprehensive data, ensuring the solar farm's operational readiness. This post-commissioning inspection represents the final phase before the solar fields are handed over to their owners. Volatus applied AI-powered software to process and analyze the data, enabling precise identification of potential anomalies and defects. By georeferencing issues directly to specific panels or equipment,Volatus enabled efficient inspections and interventions, which will help support long-term operational health.

"Through this process we've learned a lot that will help us create more automated and efficient solutions for this growing sector," Rob Walker, Chief Commercial Officer of Volatus Aerospace, stated. "This project demonstrates how scalable drone technology can economically assist large-scale infrastructure inspections. By delivering comprehensive and efficient solutions, we help our clients make informed and improved operational decisions more efficiently. This supports their long-term performance, while reducing maintenance costs and minimizing downtime or inefficiencies."

Volatus sees this as a high-opportunity market, with more than 5,000 solar farms across the United States according to CBS News. The solar energy industry is expected to reach nearly $300 billion USD by 2032, growing at a compound annual growth rate (CAGR) of 17.3% from 2023 to 2032, as reported by Precedence Research. Leveraging its expertise in infrared (IR) technology, Volatus has supported critical applications including search and rescue, thermal leak detection in roofs and building envelopes, optical gas imaging along pipelines, and hotspot mapping in wildfires.

For more information about Volatus Aerospace and our services, visit: www.volatusaerospace.com.

About Volatus Aerospace:

Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With a strong foundation of over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems (RPAS). We serve industries such as oil and gas, utilities, healthcare, and public safety. Our mission is to enhance operational efficiency, safety, and sustainability through cutting-edge, real-world solutions.

Explore our services and connect with us at http://www.volatusaerospace.com or https://dronedeliverycanada.com.

Forward-Looking Information

This news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section "Risk Factors". Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

TSXV: FLT.V

Contact Details

Rob Walker
CCO, Volatus Aerospace
+1 833-865-2887
Rob.Walker@volatusaerospace.com

SOURCE: Volatus Aerospace Inc.



View the original press release on accesswire.com

FAQ

What was the scope of Volatus Aerospace's (TAKOF) recent solar farm inspection project?

The project covered 2,250 acres, inspecting 762,750 solar panels across 16 solar fields and 1 large substation, representing over 400MW of solar power capacity.

What technology did Volatus Aerospace (TAKOF) use for the solar farm inspection?

Volatus used RGB and infrared (IR) drones combined with handheld thermal cameras, plus AI-powered software for data analysis and anomaly detection.

What is the market potential for Volatus Aerospace (TAKOF) in the solar energy sector?

The solar energy industry is expected to reach nearly $300 billion USD by 2032, growing at 17.3% CAGR from 2023 to 2032, with over 5,000 solar farms in the United States.

VOLATUS AEROSPACE INC

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