ARV, Aerodyne, and Digital Creation Team Up in ‘AeroSky’ Drone Solutions Joint Venture for Infrastructure Inspection
Bangkok, Thailand – 21 May 2021 –AI and Robotics Ventures Company Limited (ARV), a subsidiary of PTTEP, in partnership with Aerodyne Group, a top-tier global drone services company headquartered in Malaysia, and Digital Creation Co., Ltd. (DC) has announced the launch of a joint venture company ‘AeroSky (Thailand) Company Limited’ which will provide state-of-the-art drone-based enterprise solutions across the Thai market.
AeroSky, a new joint venture for drone solutions, capitalizes on the digital transformation trend and opportunities. To provide unparalleled services to clients in the telecoms, electricity, oil & gas, and other infrastructure-led industries, the business will combine core strengths of ARV's expertise in the provision of drones and sophisticated AI and Robotic solutions, Aerodyne Group's integrated drone and software-as-a-service solutions, and DC's leading-edge machine learning and monitoring technologies.
AeroSky services would allow infrastructure inspection and monitoring to be of better quality, quicker, and at a lower cost. The services would also mitigate the risk of working at heights that usually necessitate scaffolding.
“ARV is thrilled to be a part of this exciting joint venture with Aerodyne and DC. AeroSky will build on the three partners' deep industry and technology expertise, as well as their established track records, to take inspection and monitoring services to the next stage. AeroSky customers would benefit from ARV's ability to develop smart drones and platforms that meet industry-specific needs and have an extensive market network. This joint venture will also serve as a forum to further unlock value in the Thai market,” according to ARV General Manager Dr. Thana Slanvetpan.
“According to recent indicators and a study published by the IMD World Competitiveness Center, Thailand still has an infrastructure deficit, and there is space to improve infrastructure quality. Meanwhile, there is an urgent need for infrastructure owners of aging assets to sustain and ensure that their assets continue to operate at their optimum levels until that gap is closed. And this is where our joint venture, AeroSky, will provide asset management and inspection solutions that are faster, more cost-efficient, and, in many ways, safer,” said Kamarul A Muhamed, Aerodyne's founder and Group CEO.
“AeroSky has many strong sustainable competitive advantages in multiple areas in the unmanned aerial vehicle or UAV industry. There’s a scalable innovation partner in Aerodyne. There’s a partner that can immediately serve the needs, with quantifiable benefits for its own group of companies in ARV. We hope to bring our know-how in both the sales and marketing and product localization into this tri-party venture,” said Thanarat Leetrakul, CEO of Digital Creation.
AeroSky is registered in Thailand. Under this joint venture, Aerodyne holds 34 percent participating interest while ARV and DC equally hold 33 per cent interest. AeroSky services are now available to business customers across industries in Thailand.
About AI and Robotics Ventures Company Limited
AI and Robotics Ventures Company Limited (ARV), is a wholly-owned technology subsidiary of Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) dedicated to providing solutions to complex problems using Artificial Intelligence (AI) and Robotics technology. ARV’s solutions span the range of conventional to innovative and cutting-edge technologies, and its engineers develop bespoke solutions appropriate to the specific business requirements. ARV’s technologies currently serve air, land and sea applications across multiple business sectors including, agriculture, industry, construction, and energy. For more information, visit www.arv.co.th
About Aerodyne Group
Aerodyne Group (https://aerodyne.group), located in Cyberjaya, Malaysia, is a DT3 (Drone Tech, Data Tech, and Digital Transformation) drone-based enterprise solutions provider and a leader in the use of artificial intelligence as an enabling technology for large-scale data operations, analytics, and process optimization.
Aerodyne employs over 500 drone professionals to operate on an unprecedented level in the UAS services sector, having managed more than 320,000 infrastructure assets with 110,000 flight operations and surveyed over 120,000 km of power infrastructure across 35 countries globally.
Drone Industry Insights (DII) rated Aerodyne second in the world in its ‘Drone Service Provider Ranking 2020,' and it was named Frost & Sullivan's ‘Asia Pacific UAV Services Company of 2019,' as well as the Institute of Engineering and Technology (IET) Malaysia's ‘Industry Excellence Gold Award 2019’.
Kamarul A Muhamed, the company's founder and Group CEO, has been named "EY Entrepreneur Of The Year 2020," "EY Technology Entrepreneur Of The Year 2020 Malaysia," and "SEBA Entrepreneur Of The Year 2020."
About Digital Creation Co., Ltd.
Digital Creation's (DC) is a leading technology-based company that specializes in bringing the most innovative global solutions to the Thai market. Our core strength is product localization and using our extensive business relationships to successfully implement large scale projects. We have a diverse mix of clients, from top SET50 (Stock Exchange of Thailand) to emerging companies, from individuals to local and national governments.