AVESTEC

Intelligent Aerial Robotics

General Information
Company Name
AVESTEC
Founded Year
2016
Location (Offices)
Canada +2
Founders / Decision Makers
Number of Employees
12
Industries
Robotics
Funding Stage
Grant
Social Media

AVESTEC - Company Profile

Avestec is a Canadian company founded in 2016 with a focus on the robotics industry. The company's slogan, "Intelligent Robotic Solutions for industrial asset inspection," encapsulates their offerings perfectly. Avestec Technologies Inc. specializes in providing intelligent robotic solutions for remote non-destructive testing (NDT) for industrial asset owners and partner inspection service providers. Their flagship innovations include Skyron, a tethered, intelligent flying robot capable of performing visual inspections and ultrasonic thickness measurements in elevated and confined spaces. Additionally, they offer Avesoft™, a proprietary cloud-based reporting software utilizing artificial intelligence for data analysis and report generation. Avestec's solutions are applicable to diverse industries such as oil & gas, nuclear, petrochemical, wind power, marine, and construction. Their offerings provide a safe, quick, and cost-effective alternative to traditional inspection methods that often require scaffolding or rope access. This positions the company as a valuable partner in enhancing industrial asset inspection processes. In terms of investments, Avestec recently secured a significant $4.00M grant investment on 21 April 2023 from Canada's Ocean Supercluster. This injection of funding highlights the growing interest and support for Avestec's innovative robotic solutions, particularly in the industrial inspection sector. Avestec's continuous innovation and strategic partnerships make it a promising player in the robotics and industrial inspection landscapes.

Taxonomy: Intelligent Robotic Solutions, Industrial Asset Inspection, Non-Destructive Testing, Remote Inspection, Ultrasonic Thickness Measurements, Cloud-based Reporting Software, Oil & Gas Industry, Nuclear Industry, Petrochemical Industry, Wind Power Industry, Marine Industry, Construction Industry, Safety Inspections, Cost-Effective Solutions

Funding Rounds & Investors of AVESTEC (4)

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Funding Stage Amount No. Investors Investors Date
Grant $4.00M 1 Canada's Ocean Supercluster 21 Apr 2023
Seed Round $100.00K 1 30 Jun 2020
Seed Round Unknown 1 01 Jan 2019
Pre Seed Round Unknown - 01 Jan 2018

Latest News of AVESTEC

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