Dull, dirty, and dangerous. Those are the tasks robots are best for, but it also describes jobs with General Electric’s Field Services division, inspecting wind turbines and oil pipelines. So today GE Ventures made one of its first major strategic investments in robotics through a new partnership with drone hardware, software, and cloud services platform startup Airware.
GE will provide an undisclosed sum on top of the $40 million Airware’s already raised, assist the startup with technology, and connect it with GE’s huge range of industrial clients. In addition to equity, GE will get to work closely with Airware to “make sure the platform can address a number of their use cases”, Airware CEO Jonathan Downey tells me.