Swap Robotics

Robots for Solar Vegetation Cutting & Snow Removal

Swap Robotics is active in the climate tech space based in Canada, founded in 2019.

Profile

Utility-scale solar power is on-track to become the world’s #1 energy source by the 2040’s. SWAP robotics addresses two significant cost challenges to the CapEx and OpEx of solar farms with automated solutions. In the utility-scale solar construction phase, SWAP is focused on the single biggest labor expense: solar panel laying. In the following 30-year Operations & Maintenance phase, they also solve the single biggest expense: cutting the grass & vegetation on 1,000+ acre sites. Each of these activities cost over $10 million throughout the lifetime of a typical utility-scale solar site. Their robots for solar panel laying and vegetation management at large solar farms drastically reduce install costs and continuing O&M. SWAP already has dozens of robots deployed already on half a dozen solar sites, and are on-track for over $3M of revenue in 2024. Solar additions will be 58% of new electricity generation in USA this year, and utility-scale solar is typically a site bigger than 500 acres in size, and 80% of new solar energy in USA coming online is from utility-scale solar. At the same time, solar is now 29% cheaper than any other form of new energy build-out in USA. For these reaso

As a business in climate tech, Swap Robotics is listed here with the public details available about it.

Its base of operations is Canada.

Directory data places it at the SOSV portfolio company stage.

Its team size is recorded as 2-10 employees.

Website: swaprobotics.com