28 February 2019
Ping Services team Matthew Stead, Naja Dohm, Jon Cooper, Jake Bott and York Possemiers
Venture Catalyst Space company Ping has secured a $170,000 grant as part of the Department of Industry and Skill’s Entrepreneurs’ Programme.
The Accelerating Commercialisation grants will help businesses turn great ideas into marketable products.
Based in Adelaide, Ping secured the grant to assist in the commercialisation of its aero-acoustic device which continuously monitors wind turbines for blade damage, significantly reducing detection times and reducing repair costs.
The device relies on satellite communication as wind farms are generally located in areas with limited mobile phone reception. Currently turbine monitoring is performed periodically using photography, manual inspection or drone inspection as infrequently as every 18 months.
Ping are one of five companies participating in the State’s first space incubator program Venture Catalyst Space, a six-month incubator program to develop and grow innovative ideas in the space sector.
Applications are now open for the 2019 incubator program.
So far 375 Australian businesses have benefitted from commercialisation funding through the Entrepreneurs’ Programme.
Find out more about the Accelerating Commercialisation grants.
Find out more about the Venture Catalyst Space program.
Media contact: Georgia Minarelli email: Georgia.Minarelli@unisa.edu.au phone: 08 8302 7620 mobile: 0413 314 726
The Ping Monitor.