SkySpecs Raises $20M for Renewable Energy Innovation

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SkySpecs, a global leader in renewable energy asset health management, autonomous drone inspections, and tech-enabled software solutions, has secured $20 million in strategic growth capital. The investment round, led by Goldman Sachs Alternatives, also included participation from key renewable energy investors such as Statkraft and Equinor Ventures. This funding highlights strong market confidence in SkySpecs’ leadership, innovation, and ability to scale operations worldwide.

“SkySpecs is at the forefront of transforming renewable energy asset management, and our momentum has never been stronger,” said Dave Roberts, CEO of SkySpecs. “After an outstanding year of growth and innovation in 2024, we are scaling even further in 2025. Our unwavering focus remains on delivering powerful, data-driven insights that help owner-operators optimize performance, reduce risk, and maximize profitability. With the backing of gold star powerhouse Goldman Sachs, this investment enables us to accelerate the development of cutting-edge technologies and expand our impact on the renewable energy industry.”

A growing network of 125 global customers and over 270,000 inspected turbines has built the largest blade data repository in the industry. This dataset, coupled with deep domain expertise and a fleet of autonomous drones, enhances decision-making processes that improve asset performance and profitability.

This funding follows major milestones achieved in 2024:

  • Highest-ever volume of onshore and offshore drone inspections
  • Launch of advanced autonomous drone technology for both internal and external blade inspections
  • Strong growth in adoption of blade and drivetrain software, along with expanded service offerings

Strategic acquisitions in performance monitoring, condition monitoring, and financial analytics have strengthened SkySpecs’ capabilities. By integrating diverse data streams with global inspection operations and blade services, the company delivers comprehensive asset health insights. These solutions drive predictive maintenance, optimize operational efficiency, and generate significant cost savings for renewable energy stakeholders.

“SkySpecs has consistently demonstrated its ability to solve complex challenges in wind energy,” said Tanner Mahoney, Vice President at Goldman Sachs. “We believe that by integrating multiple data sources including inspection, SCADA, CMS and financial data, SkySpecs is uniquely positioned to offer attractive ROI solutions by reducing overall maintenance costs and optimizing performance. We are proud to support SkySpecs’ continued leadership and expansion.”

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