UK drone firm Sky-Futures to receive $4m investment from Japan’s Mitsui

Aug 31, 2017 · uktech.news

Sky futures teams up with keppel 898x505

Sky-Futures, a UK provider of drone-based industrial inspection technology, is to receive $4m (£3.1m) from Mitsui & Co Ltd of Japan.

The two firms have entered into a partnership which will see Sky-Futures provide drone inspection capabilities to Mitsui’s companies and customers in the energy, marine and infrastructure sectors.

As part of the partnership, which was launched during a UK government trade mission to Japan, Mitsui is investing $4m in Sky-Futures to support continued expansion and product development.

"This partnership with Mitsui brings industrial drone inspection into the mainstream. Demand for drone survey software is rocketing as a result of the shift to AI and machine learning that is fundamentally changing the way inspection is done," said James Harrison, CEO of Sky-Futures.

Read Complete Article

RT @RussShaw1: Nominations open for @ComputerWeekly Most Influential Women in Tech 2018: https://t.co/1uNwZT618w @TechLondonAdv @TLAWomenin…

RT @LDN_gov: Moderate air pollution forecast Sunday 24th and Monday 25th June. Sign up to @Airtext to stay informed. https://t.co/UBR9RgtfQ9

RT @InnFin: Musings from London Tech Week: FinTech, Policy and Government Affairs - see the latest blog from the @innfin Policy Team which…

'Heathrow must expand, for the sake of the country,' Chris Grayling writes https://t.co/lrsYsvU4jD

From 358 Area Switch applications, NBN has upgraded two MDUs so far https://t.co/bXMxlmgoS8