Bladeranger (TASE: BLRN), which develops drone-based cleaning technologies and software and hardware solutions for monitoring and analysis of solar energy fields, reports that Propellor Drones has entered into a framework agreement with Electra ( TASE: ELTR). Under the new service agreement, the first of its kind, Propellor Drones will use Bladeranger’s unique cleaning technology to clean Electra’s solar energy fields.
Bladeranger estimates that revenues from the framework agreement will amount to around NIS 1 million and could increase significantly depending on the number of solar energy fields that are added to the agreement. The current agreement concerns the provision of services for solar energy fields, which produce 30 megawatts across Electra’s portfolio, estimated at hundreds of megawatts.
Bladeranger has an exclusive distribution and cooperation agreement with Propellor Drones in Israel, for marketing and deployment as a unique cleaning payload designed for use to assist commercial drones, under Bladeranger’s 30% right of Propellor Drones’ revenues from the deployment of the cleaning system.
Bladeranger President Hagay Climor said: “This agreement comes after a significant period of field testing and joint work by both companies. Cooperation with Propellor Drones has proven itself and creates significant business opportunities with leading organizations in Israel for the production and maintenance of solar energy. The latest agreement has very broad potential for additional areas and is of strategic importance to realize the growth potential under the agreement between the two companies. In addition, the agreement allows each of the companies to bring their strengths to the customer – technologies from Bladeranger and Propellor. Drones from a commercial, marketing and operational perspective.
Itamar Kohali, CEO of Propellor Drones, added: “The strategic cooperation between Propellor Drones and Bladeranger continues to advance at the expected pace, to deliver results and create value. I welcome the signing of the service agreement with Electra, which is one of several that we are currently promoting and we see this as another important step in the revolution that Propeller Drones is leading in the drone services industry in general and in the solar energy industry in particular, through the integration of autonomous aircraft with advanced technological capabilities, which bring high efficiency, significant resource savings and real economic value for our customers. »
Kohali continued: “Along with providing services, Propellor Drones and Bladeranger are examining other countries for joint work and continue to constantly strive to upgrade their respective operational and technological capabilities, to enable continuous improvement of the quality and rate of supply of panels. cleaning services using drones, thereby establishing the necessary infrastructure for further significant expansion of the business.
Published by Globes, Israel Business News – fr.globes.co.il – November 18, 2024.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.
