eologix-ping strengthens ties with wind industry operators
eologix-ping, a leading provider of innovative sensor solutions for continuous wind turbine blade health monitoring, announces a significant strategic investment, marking a new era of collaboration with wind turbine operators. The investment round is led by Emerald Technology Ventures, with participation from Nabtesco Technology Ventures, Phoenix Contact Innovation Ventures, and newcomers Helen Ventures, Beraunberri and VERBUND X.
This investment underscores confidence in eologix-ping's vision and technology, enabling the company to scale its operations, enhance product development, and accelerate market penetration.
"We are delighted to have wind industry operators Helen and VERBUND onboard as partners. Their participation highlights the growing recognition of proactive blade health monitoring in maximizing turbine performance and ensuring operational efficiency. VERBUND and Helen, as experienced wind operators, are convinced that our technology will significantly improve their operations. This extension not only validates our approach but also empowers us to further innovate and deliver value to the wind energy sector," said Thomas Schlegl, Co-founder and CEO of eologix-ping.
"Wind power generation has seen a large build out across the world for all the right reasons. With this increased energy production comes also the increased importance of making sure turbines are operating efficiently”, says Mikael Myllymäki, Vice President and Head of Helen Ventures. “eologix-ping’s suite of sensor solutions enables operating this huge and growing asset base efficiently and safely. We are impressed by the sense-making offering the company has developed and the robust value created for its global customer base.”
Blade health monitoring plays a crucial role in minimizing downtime, reducing maintenance costs, and optimizing wind turbine performance. eologix-ping's advanced sensor technology and data analytics provide real-time insights into blade condition, enabling operators to identify and address issues before they escalate, maximizing energy production and extending asset lifespan.
Formed through the successful merger of startups eologix and Ping in 2023, eologix-ping offers a comprehensive suite of sensor solutions and analysis software tailored for continuous blade health monitoring. Designed for icing detection (DNV certified), damage assessment, and lightning strike identification, eologix-ping's technology ensures improved and cost-effective operations for wind farms.
"Our collaboration with eologix-ping aims to enhance wind turbine monitoring capabilities and drive innovation within the wind industry. This investment aligns with our commitment to sustainable energy production and reflects our confidence in eologix-ping's solutions.", commented Franz Zöchbauer, Managing Director of VERBUND X Ventures.
"We are excited to leverage our expertise and resources to drive innovation in wind turbine monitoring. Our collaboration aims to accelerate the adoption of renewable energy by making it more affordable, reliable and safe," added Thomas Schlegl.