Bladeranger signs solar panel drone cleaning deal with Electra

Blade Ranger (TASE: BLRN), which develops drone-based cleaning technology and software and hardware-based solutions for solar energy field monitoring and analysis, has announced that Propeller Drones has entered into a framework agreement with Electra (TASE: ELTR). It was reported that the agreement had been concluded. As part of a new, first-of-its-kind service agreement, Propeller Drones will use BladeRanger’s proprietary cleaning technology to clean Electra’s solar energy field.

Blade Ranger estimates that the revenue from the framework agreement will amount to approximately NIS 1 million, which could increase significantly depending on the number of solar energy fields added to the agreement. The current contract is for the provision of services to the solar energy sector, which produces 30 megawatts of Electra’s portfolio, which is estimated to be several hundred megawatts.

BladeRanger has an exclusive distribution and collaboration agreement with Israel’s Propeller Drones to market and deploy it as a unique scavenging payload designed for use in commercial drone support. This is part of BladeRanger’s right to receive 30% of the propeller drone’s revenue from the deployment of the cleaning system.

Hagai Krimer, Chairman of Blade Ranger, said: “This agreement comes after a long period of field testing and collaboration by both companies. The cooperation with Propeller Drones is proven and will help Israel in the production and maintenance of solar energy. “We are creating significant business opportunities with leading organizations.” The latest agreement has very extensive potential into additional areas and is of strategic importance in realizing the growth potential as part of the agreement between the two companies. Additionally, the agreement will enable both companies to offer their strengths in BladeRanger technology and propellers to customers. Drones from a commercial, marketing and operational perspective.

Itamar Kohli, CEO of Propeller Drones, said: “The strategic collaboration between Propeller Drones and Bladeranger continues to progress at the expected pace, delivering results and creating value. I welcome the signing of the service agreement with Electra. “This is one of many contracts we offer.” is currently underway, and we believe this is another important step in the revolution that Propeller Drones will take to lead the drone services industry in general and the solar energy industry in particular. This brings greater efficiency through the integration of autonomous aircraft with advanced technological capabilities. Significant resource savings and substantial economic value for customers. ”

Kohli continued, “As well as providing services, Propeller Drone and Blade Ranger are also considering collaborations with other countries, each with a view to enabling continued improvement in panel delivery quality and delivery rate. We are constantly striving to improve our operational and technical capabilities.” Cleaning services using drones will create the infrastructure needed to continue and significantly expand our operations. ”

Published by Globes, Israel Business News – en.globes.co.il – on November 18, 2024.

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