Performance Rotors Pte Ltd.
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Performance Rotors Pte Ltd. - overview
Established
2016
Location
Singapore, -, Singapore
Primary Industry
Aerospace
About
Based in Singapore, Performance Rotors Pte Ltd. develops innovative drone and robotics solutions for data acquisition in challenging environments, primarily serving the Oil and Gas sector with advanced inspection technology. Performance Rotors Pte Ltd. is a Singapore-based company founded in 2016 by Keith Ng, who serves as both the CEO and Founder.
The company focuses on providing drone solutions tailored to environments lacking GPS or requiring confined space operations. It has successfully completed six deals, raising a total of USD 1. 590 mn in its latest funding round, Series A, with investors such as Bond, Schulte Group Innoport, and Vopak Ventures. The company is headquartered in Singapore.
Performance Rotors specializes in advanced drone and robotics solutions designed for data acquisition in environments where GPS is unavailable or confined, particularly within the Oil and Gas sector. Their offerings include drone technology that encompasses Non-Destructive Testing (NDT) for safety and efficiency in maritime inspections. The company serves clients across North America, Europe, and Asia, providing customized inspection solutions that integrate seamlessly with digital asset management systems for effective data tracking and analysis. In the most recent fiscal year of 2023, Performance Rotors reported a revenue of USD 1,345,615.
20, alongside an EBITDA of USD -994,122. 60. Their revenue model is centered around partnerships and B2B transactions in the maritime and industrial sectors, offering service packages that include drone inspections and data analysis tailored to client needs. Performance Rotors Pte Ltd.
plans to leverage its recent funding from August One to design and launch new products, enhancing its service offerings in the drone inspection space. The company aims to expand its market reach into new geographic regions, targeting additional sectors within the Oil and Gas industry. The funding will support the development of new technologies and the enhancement of existing products, positioning the company for sustained growth in both current and emerging markets.
Current Investors
Schulte Group Innoport, She1K, lool ventures
Primary Industry
Aerospace
Sub Industries
Aerospace, Industrial Machinery, Hardware, Analytics & Performance Software
Website
www.performance-rotors.com
Verticals
Robotics
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Performance Rotors Pte Ltd. - timeline of key events
Performance Rotors Pte Ltd. - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 391,483 | 232,928 | - | - | - | - |
| % Revenue Growth (YoY) | - | (40.5%) | - | - | - | - |
| EBITDA (USD) | (592,382) | (618,451) | - | - | - | - |
| Operating Income (USD) | (633,229) | (693,144) | - | - | - | - |
| Operating Margin | (161.8%) | (297.6%) | - | - | - | - |
| % EBITDA Margin | (151.3%) | (265.5%) | - | - | - | - |
| NET Income (USD) | (637,191) | (700,639) | - | - | - | - |
| % Net Margin | (162.8%) | (300.8%) | - | - | - | - |
Performance Rotors Pte Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Performance Rotors Pte Ltd. | - |
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Performance Rotors Pte Ltd. - employee data
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