Josh Riedy Builds Thread To Modernize The Power Grid
Few people understand the challenges America faces in modernizing an outdated power grid like Josh Riedy, the co-founder and CEO of Thread, an asset management platform for the power and utility industries.
Riedy’s grandfather founded an electric utility cooperative in the sparsely populated, unforgiving terrain and weather of North Dakota where an ice storm could take out 95% of the utility polls in a service region, leaving people without power for weeks and sometimes longer.…
The POWER Interview: Diving Into Data With Autonomous Inspection of Utility Assets
Companies offering the ability to collect data for use by electric utilities are finding their services in demand as the power generation sector embraces digitization.
It’s an industry that promotes innovation, as utilities need to track the real-time performance of thermal and renewable energy generation assets, and gain more insight about how their equipment is operating across their service territory.…
Prepare or Face ‘The Perfect Storm for Disruption’
Nevelyn Black | Energy Central
Extreme weather, integrating renewable energy sources and keeping up with regulations and technology is demanding more from utilities. According to industry experts, utilities will have to take a data-driven approach. Data collection started with smart meters but in recent years more avenues have opened to make better use of that data…
The First Step Toward Modernization in the Utility Industry
Every industry faces challenges while working toward modernization, and electric power transmission and distribution companies are working toward a unique set of objectives, with many aiming to advance their network or achieve carbon neutrality. However, the first step in working towards these is understanding what processes and systems need to be updated first.…
Thread, which develops a platform to autonomously inspect utility assets, raises $15M
Thread (not to be confused with Threads), a startup developing a robotics platform to collect inspection data for utilities, today announced that it raised $15 million in a Series A funding round led by Badlands Capital with participation from Minnkota Power Cooperative, Generational Partners, Rosecliff Ventures, Excell Partners, Homegrown Capital and Kevin O’Leary’s Wonder Fund North Dakota.…
Thread Bolsters Leadership Team Adding Renowned Industry Innovator
Thread, the leading technology company in enterprise-scale asset maintenance solutions for the energy and utilities sector, today announced the appointment of Arnaud Thiercelin to the newly created role of Chief Technology and Product Officer. Uptime 162: Volkswagen Flies Kites
Allen with Weather Guard Lightning, Joel with WindPowerLabs & Rosemary with Pardalote Consulting on introduces Thread as "... enabling the asset owners or ISPs or even O&Ms to be able to inspect on their own..." Capturing Tank Inspection Data
Learn how Falcker Innovations is streamlining their industrial inspection workflows using Thread's Software as a Solution (SaaS) asset care platform, UNITI. Thread is latest investment of Kevin O’Leary directed Wonder Fund North Dakota
Wonder Fund North Dakota, a North Dakota Development Fund investment program directed by O’Leary Ventures (OLV) has selected Thread as its latest investment. Thread is the leader in enterprise-scale asset maintenance technology for energy and utilities.…
Thread Collaborates with Microsoft Project AirSim on AI Driven Predictive Data Collection to Bolster Sustainability
Thread, enterprise-scale asset maintenance technology for energy and utilities, showcases its latest artificial intelligence (AI) driven predictive data collection technology, built using Microsoft Project AirSim. 