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Automation Asset Inspection Startup Thread Announces Expansion Into Canada

March 30, 2023 by Robert Lewis

North Dakota’s Thread, a leader of enterprise-scale autonomous data collection for delivering precise inspection insights, have announced that they are expanding to Calgary to support the growing renewable energy industry.

Thread’s first of its kind technology, UNITI, enables customers to automate inspections of critical infrastructure such as wind turbines through a cloud-based data and asset management platform.

Thread’s SaaS platform allows customers to consistently compare inspection data, analyze trends, and assess overall asset health and performance across multiple disciplines in one single digital asset catalog for the first time ever. 

Thread’s formal expansion into Canada is a major milestone for the company; having previously established long-standing customers in the United States and Europe.

Additionally, this further strengthens Thread’s ability to attract and retain top engineering talent in Canada. Thread will be looking to hire up to 40 additional staff in the next 12 months, including senior programmers and engineers across a variety of disciplines to help meet its growth goals.

“Thread’s decision to set up its Canadian Headquarters in Calgary is another testament to our city’s connectivity to global markets, competitive business environment and highly skilled talent,” said Brad Parry, President & CEO, Calgary Economic Development.

“Companies embracing technology is driving digital transformation across Calgary’s economy and Thread is the latest game-changing company coming to our city with the aim of solving some of the world’s biggest challenges.”

Headquartered in Grand Forks and formerly known as Airtonomy, Thread recently raised a USD $15 million Series A financing round to expand its technology, continuing to expand the breadth of digitization of critical infrastructure assets through push-button robotic inspections.

Filed Under: News Tagged With: Calgary Economic Development, Thread

 
 
 

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