Aerodyne expands to Thailand with AeroSky to deliver infrastructure inspection services
By Digital News Asia May 21, 2021
- Forms JV with Thai companies, AI and Robotics Ventures & Digital Creation
- Aims to unlock value in Thai market that has an infra deficit says IMD study
Aerodyne Group, a top-tier global drone services company headquartered in Malaysia, AI and Robotics Ventures Company Limited (ARV), a subsidiary of Thailand's national oil company PTTEP, and Digital Creation Co Ltd (DC) announced the launch of a joint venture company ‘AeroSky (Thailand) Company Limited’ which will provide state-of-the-art drone-based enterprise solutions across the Thai market. This makes Thailand the 35th country Aerodyne has expanded to.
Under this joint venture, Aerodyne holds 34% participating interest while ARV and DC equally hold 33%.
AeroSky will capitalize on the digital transformation trend and opportunities for drone services. To provide services in the telecoms, electricity, oil & gas, and other infrastructure-led industries, the business will combine core strengths of ARV's expertise in the provision of drones and sophisticated AI and Robotic solutions, Aerodyne Group's integrated drone and software-as-a-service solutions, and DC's leading-edge machine learning and monitoring technologies.
AeroSky services would allow infrastructure inspection and monitoring to be of better quality, quicker, and at a lower cost. The services would also mitigate the risk of working at heights which usually necessitate scaffolding.
“ARV is thrilled to be a part of this exciting joint venture with Aerodyne and DC. AeroSky will build on the three partners' deep industry and technology expertise, as well as their established track records, to take inspection and monitoring services to the next stage. AeroSky customers would benefit from ARV's ability to develop smart drones and platforms that meet industry-specific needs and have an extensive market network. This joint venture will also serve as a forum to further unlock value in the Thai market,” according to ARV general manager Dr Thana Slanvetpan.
“According to recent indicators and a study published by the IMD World Competitiveness Center, Thailand still has an infrastructure deficit, and there is space to improve infrastructure quality. Meanwhile, there is an urgent need for infrastructure owners of aging assets to sustain and ensure that their assets continue to operate at their optimum levels until that gap is closed. And this is where our joint venture, AeroSky, will provide asset management and inspection solutions that are faster, more cost efficient, and, in many ways, safer,” said Kamarul A Muhamed, Aerodyne's founder and Group CEO.
“AeroSky has many strong sustainable competitive advantages in multiple areas in the unmanned aerial vehicle or UAV industry. We hope to bring our knowhow in both the sales and marketing, and product localization into this tri-party venture,” said Thanarat Leetrakul, CEO of Digital Creation.
AeroSky services are now available to business customers across industries in Thailand.