Zeitview, a leading provider of aerial inspections in various industries, including solar, wind, and real estate, has recently announced the acquisition of Heliolytics, a specialized company focused on photovoltaic (PV) system performance through aerial inspection and integrated analytics. Heliolytics, formerly a division of NovaSource Power Services, will leverage its data insights with Zeitview’s expertise in state-of-the-art aerial inspection technologies. The majority of Heliolytics’ talented staff members will join Zeitview, and the company’s presence in Toronto, Canada, will continue, further strengthening Zeitview’s operations. The financial details of the deal have not been disclosed.

The acquisition also brings together Heliolytics’ international operations in Europe, Latin America, and the Asian Pacific with Zeitview’s global footprint in the same regions, expanding their reach and customer solutions worldwide.

Heliolytics’ inspection tools and integrated analytics will now be further bolstered by Zeitview’s advanced AI/ML data processing engine. This addition enables Zeitview to expand its airplane operations twofold, provide topography services, offer EPC solutions, and incorporate drone technology, resulting in faster and more comprehensive customer results.

NovaSource Power Services, in selling Heliolytics to Zeitview, ensures the continued provision of best-in-class aerial inspection software and services to their customers through Zeitview, solidifying their longstanding partnership.

By the end of 2024, a complete integration of Heliolytics’ operations, data capture, and software into Zeitview’s global solar energy solutions is expected to be finalized, further augmenting Zeitview’s capabilities in providing cutting-edge aerial inspections.

This acquisition marks another significant step for Zeitview in its pursuit of excellence in aerial inspections, reinforcing its position as a leader in the industry. With the expertise and shared vision between Zeitview and Heliolytics, clients can expect even greater value and innovation in their renewable energy projects. The future looks promising as these two industry experts come together to shape the next generation of aerial inspection standards.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.