Sistema Finance, a subsidiary of the Russian conglomerate AFK Sistema, has paid €2.6 million to acquire a 50% stake in a Lithuanian drone operator.
Laserpas provides surveillance and high-precision monitoring solutions for large power line operators worldwide. The company employs electric- and petrol-powered long-range unmanned aerial vehicles (UAV) to gather considerable volumes of data “at an unprecedented frequency.”
Thus, energy network operators may “shift from expert-based decisions to data-driven ones, significantly reducing power line inspection costs.”
Laserpas is affiliated to the Avia Solutions Group, a publicly traded aviation holding company based in Lithuania with over 20 subsidiaries worldwide.
Sistema Finance, which is now a co-owner of Laserpas, considers its investment as being a purely financial one.
Source: RBC
