Airtouch Solar

Company Overview

Snapshot

Founded in August 2016 by Yanir Allouche, Airtouch Solar has 51–200 employees. The company has raised $25.67M across 4 funding rounds from 3 investors. In March 2021, Airtouch Solar completed its Initial Public Offering on the TASE, targeting international expansion.

Business overview

Airtouch Solar develops autonomous robotic solutions for cleaning utility-scale photovoltaic panels. Its core technology involves water-less cleaning robots that utilize microfiber wipes and wind-blowing technology to remove soiling particles, aiming to improve cleaning results and reduce water consumption. The company's deep-learning software and dedicated control system enable smooth robot operation, sensing environmental changes and predicting potential problems. Airtouch Solar serves the solar energy industry, particularly in dry and dusty regions, operating within the Energy Tech sector and focusing on renewable energy systems.

Strategic signal

In January 2024, the CEO of Airtouch Solar announced their intention to step down, signaling a potential leadership transition for the company. This development could influence future strategic directions and operational focus as the company continues to expand its robotic solar panel cleaning solutions globally.

Company Intelligence Q&A

When did Airtouch Solar go public?

Airtouch Solar completed its Initial Public Offering on the TASE in March 2021.

What was a significant contract signed by Airtouch Solar in 2023?

In August 2023, Airtouch Solar signed an $8.5 million contract with ReNew for cleaning robots.

What was the nature of Airtouch Solar's deal with ACME in March 2023?

In March 2023, Airtouch Solar signed a $4 million cleaning robot deal with ACME.

Who was an early investor in Airtouch Solar?

In January 2018, The Yozma Group invested in Airtouch Solar during its A Round funding.