(Source: UPI)
The French company’s venture capital subsidiary said it invested $2.1 million in Redbird to facilitate drone monitoring of natural gas infrastructure, survey topography and monitor “security for public institutions.”
GDF Suez said the investment builds on its portfolio of emerging technologies with high-resolution imagery needed for preventive maintenance.
Redbird President Emmanuel de Maistre said “exceptional support” from GDF Suez will help his company expand and develop more powerful drone technology.
“Since 2013, we are deeply convinced of the value of civilian drones for infrastructure networks, and this choice is relevant today,” he said in a statement. “Despite technical and regulatory complexities, it is one of the most promising sectors.”
Alan is serial entrepreneur, active angel investor, and a drone enthusiast. He co-founded DRONELIFE.com to address the emerging commercial market for drones and drone technology. Prior to DRONELIFE.com, Alan co-founded Where.com, ThinkingScreen Media, and Nurse.com. Recently, Alan has co-founded Crowditz.com, a leader in Equity Crowdfunding Data, Analytics, and Insights. Alan can be reached at alan(at)dronelife.com