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Fast-growing drone technology firm chosen as one of the most promising startups to watch out for in 2023

June 5, 2023 – Nearthlab, a leading provider of autonomous drone solutions, announced that it had been selected as a finalist for the annual startup pitching competition hosted by InnoVEX. Of the 80 companies that vied for a spot on the roster this year, Nearthlab was among the ten startups that made it to the final list.

“Making it to the finalist stage at a well-established pitching competition as that of InnoVEX is a feat worth celebrating,” said Jay Choi, co-founder and CEO. “Being vetted as one of the next billion-dollar startups, particularly under the scrutiny of judges comprised of proven investors and leading entrepreneurs, gives us a sense of confidence as to where we stand and are headed.”

To top off the streak, Nearthlab successfully showcased its solutions at Computex 2023, where the company was invited as a co-exhibitor alongside Garage+.

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About Nearthlab

Nearthlab is an AI-powered autonomous inspection platform for infrastructure inspection facilities. Since its launch in 2015, the company has helped wind farms around the world automate and optimize blade inspections.

Nearthlab leverages cutting-edge technologies to bypass inefficiencies at inspection sites and streamline the digital transformation of industrial asset management. With extensive experience in blade inspections, Nearthlab's autonomous drone takes no more than fifteen minutes to carry out an out-and-out inspection.

The data collected from the inspection is uploaded onto Zoomable - Nearthlab's cloud-based analytics platform - to be remolded into jewels of insights needed to optimize O&M procedures.

Leading energy corporations have selected Nearthlab as their autonomous drone solution provider. Make inspection easy with drone-driven data.

For more information, visit https://www.nearthlab.com/ and follow us on LinkedIn.

About InnoVEX

Started in 2016, InnoVEX is a startup focused exhibit under COMPUTEX organized by Taiwan External Trade Development Council (TAITRA) and Taipei Computer Association (TCA). Positioned as the innovation hub of Asia, InnoVEX is held alongside Asia’s leading ICT B2B Tradeshow, COMPUTEX; to connect startups and their innovations to global VCs, CVCs, manufacturing partners, buyers, and media.

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