Bristow Group Inc. has invested $4.2 million in Sky-Futures, which provides drone inspection data services for the oil and gas industry. This investment gives Bristow immediate entry to the UAV services business and bolsters its offerings to include drone inspection services.
The investment, which also includes an exclusive partnership agreement, gives Bristow access to Sky-Futures UAV or drone inspection operational expertise, data capturing and analysis technology, and training capabilities. Bristow will have one representative on Sky-Futures’ board.
Formed in 2009 with offices in Houston, London, Kuala Lumpur, Abu Dhabi, and Aberdeen, Sky-Futures operates in 16 countries and works with more than 30 oil and gas companies around the world, many of which are Bristow’s global clients. In January, Sky-Futures completed its first drone inspection in the Gulf of Mexico, having obtained the 46th Section 333 Federal Aviation Authority (FAA) Exemption Certificate to operate drones in the US.