SkySpecs, a global leader in renewable energy asset health management, autonomous drone inspections, and tech-enabled software solutions, has raised $20 million in strategic growth capital led by Goldman Sachs Alternatives, with additional participation from key renewable energy investors including Statkraft and Equinor Ventures. This investment underscores the confidence in SkySpecs' market leadership and its ability to drive innovation and scalability worldwide.

"SkySpecs is at the forefront of transforming renewable energy asset management, and our momentum has never been stronger," said Dave Roberts, CEO of SkySpecs. "After an outstanding year of growth and innovation in 2024, we are scaling even further in 2025. Our unwavering focus remains on delivering powerful, data-driven insights that help owner-operators optimize performance, reduce risk, and maximize profitability. With the backing of gold star powerhouse Goldman Sachs, this investment enables us to accelerate the development of cutting-edge technologies and expand our impact on the renewable energy industry."

With 125 global customers and over 270,000 turbines inspected to date, SkySpecs has the largest blade data repository in the industry. This dataset, combined with the company's deep domain expertise, a fleet of cutting-edge autonomous drones, enables customers to make data-backed decisions that enhance asset performance and profitability.

This fundraise follows significant milestones achieved in 2024:

Highest-ever number of onshore and offshore drone inspections
The launch of cutting-edge autonomous drone technology for both internal and external blade inspections
Strong growth and adoption of SkySpecs' blade and drivetrain software as well as new services offerings

With strategic acquisitions in performance monitoring, condition monitoring, and financial analytics, combined with our global inspections business and blade services capabilities, SkySpecs is integrating diverse data streams to deliver unparalleled asset health insights.

These advanced solutions empower owner-operators to enhance predictive maintenance, streamline operations, and drive significant cost savings.

"SkySpecs has consistently demonstrated its ability to solve complex challenges in wind energy," said Tanner Mahoney, Vice President at Goldman Sachs. "We believe that by integrating multiple data sources including inspection, SCADA, CMS and financial data, SkySpecs is uniquely positioned to offer attractive ROI solutions by reducing overall maintenance costs and optimizing performance. We are proud to support SkySpecs' continued leadership and expansion."

With this latest investment, SkySpecs is doubling down on its commitment to innovation, customer success, and global scalability—solidifying its position as a leader in renewable energy asset health management.

About SkySpecs

SkySpecs is simplifying renewable energy asset management by offering purpose-built technologies and services that help our customers deliver industry-leading productivity, efficiency and returns. Every day we help our customers unlock the power of their data so they can make confident, informed decisions. Our team brings deep industry experience and a willingness to get our hands dirty to first understand and then solve customer problems on the ground. Learn more about our best-in-class technologies and how we're helping the renewable energy industry realize its potential at www.skyspecs.com. Follow us on LinkedIn.

About Sustainable Investing at Goldman Sachs Alternatives

Goldman Sachs (NYSE:GS) is one of the leading investors in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.

The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

Sustainable Investing at Goldman Sachs Alternatives seeks invest in thematic climate transition and inclusive growth opportunities by backing companies that have an impact in these two areas. The leadership and broader team bring decades of combined experience, broad investment knowledge across the sustainability landscape and a proprietary corporate network of sustainability leaders from global corporations – all supported by the broader resources of Goldman Sachs.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has more than $3 trillion in assets under supervision globally as of December 31, 2024.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250319813255/en/

Media Contact:

Rachael Parker

Director of Marketing

rachael.parker@skyspecs.com

SkySpecs Raises $20m to Fuel Global Growth and Innovation