PORTEFEUILLE

Whether it’s from solar, wind, or fossil fuels, energy is needed for nearly every aspect of our life. We’re depend- ent on our resources and the power grid for a reliable stream of power. And yet, around US$143b is lost globally every year due to power grid failures. To reduce the risk of power grids going down, the infrastructure needs to be inspected and monitored on a regular basis – this currently costs billions each year.
When it comes to inspecting and monitoring their power infrastructure, companies need a solution that’s quick, thorough, low-cost, and, most importantly, safe. While the work was done manually in the past, more recently,
companies have moved towards using fixed-wing drones or multicopters. Copters are highly precise but have a
very limited range and need regular charging. On the other end of the spectrum, fixed-wing drones can travel a long way, but they don't allow close inspection because of how they’re built.
Elythor’s pioneering drone technology combines the best of both systems, creating a low-cost, high-precision option for energy infrastructure inspection.
Elythor’s technology combines the precision of multicopters and the durability of fixed-wing drones with in- flight shapeshifting to create an agile, accurate, and robust robot. Our drone can conduct inspections in con- fined and complex spaces and travel the long distances required for power infrastructure. With Elythor, power infrastructure managers can benefit from up to a 40% reduction in cost and up to a 35% reduction in the time their inspectors spend out in the field.

The InnoBooster program's funding support will help us further develop our prototype, conduct field trials, and
refine our business strategy toward industrialization. The mentorship and network offered by the program will also provide us with valuable insights, expertise, and connections to industry partners, investors, and potential customers, which will significantly boost our chances for success.