Portfolio Company Nightingale Security, listed on the Australian Stock exchange on the 15th November.

This innovative ‘robot-as-a-service’ technology has applications across solar farms, ports, O&G facilities, critical infrastructure like dams and power stations, in construction, border patrol, securing pipelines, fire and oil spills along with search and rescue, crowd control and for prisons. 

In its simplest form, the drones respond to a threat: when a security alarm is triggered the system automatically dispatches a drone to the alarm location and streams live video to the security team.

They can also be scheduled for autonomous patrol missions based on day, time, path, altitude, hover duration, camera direction, and other mission details.

During a major event like an oil spill, chemical leak, or fire, the drones can be manually dispatched to monitor events as they unfold on the ground. Plus, they can autonomously patrol areas of interest around the facility and send out alerts only when human and vehicle intruders are detected.

With a presence in 14 countries to date, Nightingale has experienced rapid financial growth, with the latest sales contracts adding millions of dollars in recurring fees to the bottom line.

Nightingale develops and sells Unmanned Aerial Vehicles (UAVs) or drones for commercial applications.

Nightingale Intelligent Systems (ASX:NGL)

Listing: 15 November 

IPO: $6m at $0.22

This company develops and sells Unmanned Aerial Vehicles (UAVs) or drones for commercial applications – and there’s a bunch of them.

NGL says its tech has applications across solar farms, ports, O&G facilities, critical infrastructure like dams and power stations, in construction, border patrol, securing pipelines, fire and oil spills along with search and rescue, crowd control and for prisons.

Basically, the drones can respond to a threat; when a security alarm is triggered the system automatically dispatches a drone to the alarm location and streams live video to the security team.