Xer Technologies Secures Two-Year Contract for AI-Powered Power line Inspection Software
Xer Tech Holding AB (publ) ("Xer" or "the Company") announces that its subsidiary Xer Technologies AG has signed an agreement with a company within a Hungarian energy group operating electricity distribution networks for a licence to cloud-based data analysis software for inspection of power line infrastructure. The agreement runs for a minimum of two years, with a total value over that period of EUR 119,550.
The software will be used to analyse power line inspection data generated by two X8 drones equipped with an EO/IR camera, a lidar and a corona cam that Xer has delivered to a sister