Ping Services
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $170k | Grant | |
N/A | $600k | Seed | |
AUD100k | Grant | ||
$1.3m | Seed | ||
AUD30.0k | Grant | ||
$2.0m | Convertible | ||
AUD270k | Grant | ||
N/A | Acquisition | ||
Total Funding | $4.3m |
Recent News about Ping Services
EditPing Monitor specializes in real-time monitoring of wind turbine blade health, aiming to reduce downtime and enhance performance. The company operates in the renewable energy sector, specifically focusing on wind power generation. Its core product is a monitoring system that uses advanced acoustic analysis to detect blade defects early, thereby preventing costly damage and lowering maintenance costs. The system provides continuous data that can be accessed from any device, allowing for custom notifications and timely interventions. Ping Monitor serves wind farm operators and owners who seek to optimize the efficiency and longevity of their turbines. The business model is based on providing a subscription service for the monitoring system, which includes hardware and software components. Revenue is generated through subscription fees, which cover the cost of the hardware and ongoing data analysis services. The company is co-founded by Jon Cooper, an expert in wind farm aero acoustics, and Matthew Stead, who brings over 25 years of experience in environmental noise monitoring and consultancy.
Keywords: wind turbine, blade health, real-time monitoring, acoustic analysis, renewable energy, wind power, downtime reduction, performance optimization, maintenance cost, early defect detection.