Airtouch Solar

Autonomous Robotic Solar Panel Cleaning

Energy Tech
Public on TASE on Mar, 2021<br>
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Company Overview

Snapshot

Founded in August 2016 by Yanir Allouche, Airtouch Solar has 51–200 employees and has raised $25 million across three funding rounds from three investors. The company completed its Initial Public Offering on the TASE in March 2021, targeting international expansion.

Business overview

Airtouch Solar develops autonomous robotic solutions for cleaning utility-scale photovoltaic panels. The company's core technology utilizes water-less cleaning robots equipped with microfiber wipes and wind-blowing technology to remove soiling particles. Airtouch Solar's dedicated control system, combined with deep-learning software, enables smooth robot movement, senses environmental changes, and predicts potential problems to reduce failure rates. The robots also feature a sub-giga long-range communication system for seamless interaction with a central control system. The company operates in the Energy Tech sector, specifically focusing on renewable energy systems and solar within the Energy, Utilities & Waste Management market, aiming to improve solar energy output and minimize water waste.

Strategic signal

In May 2023, Airtouch Solar secured a multimillion-dollar deal to deploy its Israeli-made robots for cleaning solar panels in India. This strategic move highlights the company's successful international expansion and the growing demand for its water-less, autonomous cleaning technology in key solar markets, signaling strong commercial traction and global scalability to investors.

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Company Intelligence Q&A

When did Airtouch Solar complete its Initial Public Offering?
Airtouch Solar completed its Initial Public Offering on TASE in March 2021, targeting international expansion.
What significant deals did Airtouch Solar sign in March 2023?
In March 2023, Airtouch Solar signed a $4 million cleaning robot deal with Acme and a $3 million cleaning robot deal with ReNew.
What was the value of the cleaning robot contract Airtouch Solar signed with ReNew in August 2023?
In August 2023, Airtouch Solar signed an $8.5 million cleaning robot contract with ReNew.
Which investor participated in Airtouch Solar's January 2018 funding round?
In January 2018, The Yozma Group invested in Airtouch Solar, as part of an A Round funding event.
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