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
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.
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.
Software developer Falcker has partnered with Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights, with the aim of taking automated inspections of industrial assets to the next level
Executives at Thread, formerly Airtonomy, bring their UND experience to bear as they innovate inspections of critical infrastructure.
GRAND FORKS – Grand Forks technology company Thread, formerly known as Airtonomy, has received a $1.2 million award under the Air Force Small Business Innovation Research Program to develop unmanned aerial system software to enhance perimeter security at Grand Forks Air Force Base.
The CEO of Airtonomy was inside a digital replica of a real wind farm at the time, trailing a simulated drone through virtual reality glasses as it inspected towering turbines. His North Dakota-based company has been using these hyper-realistic simulations to train autonomous aerial vehicles that are now inspecting wind farms, surveying wildlife and detecting leaks in oil tanks across the Midwest.
The Tech Tribune staff has compiled the very best tech startups in North Dakota. In doing our research, we considered several factors including but not limited to: Revenue potential, leadership team, brand/product traction, and competitive landscape. Additionally, all companies must be independent (unacquired), privately owned, at most 10 years old, and have received at least one round of funding in order to qualify.
Xcel Energy’s Foxtail Wind Farm in Dickey County, North Dakota, will soon be operational, bringing with it a convergence of technologies that will have far-reaching implications beyond Foxtail’s 75 turbines.
For generations, farmers throughout North Dakota have traditionally hired seasonal farmhands to help with planting, harvesting and other jobs. Digital technologies and big data are transforming agriculture. Today, those same farmers need to hire technologists, programmers and data scientists to improve productivity to meet food demands, boost yields to increase profitability, environmentally sustain the land and improve safety.
Microsoft is headed to the farm.
The Redmond, Wash. tech giant today announced a $1.5 million investment in Grand Farm, a project in North Dakota designed to spur innovation around farming and agriculture. Microsoft will provide its technology such as FarmBeats, as well as its own employees that will help with Grand Farm initiatives
Microsoft has awarded a $100,000 TechSpark grant to support Airtonomy, a startup that’s partnering with the University of North Dakota Aerospace Foundation to blaze a trail for drone applications in North Dakota’s “Silidrone Valley.”
The seed money unlocks nearly $570,000 in additional funding for Airtonomy from local investors, Microsoft said today in a news release
Evolve Analytics and the UND Aerospace Foundation have applied for a $100,000 grant from Microsoft’s TechSpark program, the philanthropic arm of Microsoft. Microsoft TechSpark sponsored Regional Aerial Imagery Grant Competition, which Evolve and the UND Aerospace Foundation have applied to jointly.
Local drone startup Evolve Analytics touted its partnerships with the Grand Forks Region Economic Development Corp. and the UND Aerospace Foundation Monday night, as they sought yet another relationship with the city of Grand Forks