Business
Spectacular Solar and SkyVue, LLC Combine Forces for Joint Venture
Spectacular Solar and SkyVue, LLC Combine Forces for Joint Venture.
About this update from Spectacular Solar Inc.
[{"type":"text","content":"\nRAHWAY, NJ, May 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Spectacular Solar, Inc. (a Nevada Corporation) (OTCPK: SPSO) is pleased to announce that the company has agreed to terms and has entered into a joint venture with SkyVue, LLC.\n Reflecting its strategy of being fully integrated and utilizing the latest in scientific/high technology, Spectacular Solar has formed a joint venture with SkyVue, an established drone operations and aerial production company based in New Jersey. The partnership will return immediate dividends for Spectacular Solar as SkyVue will aid in solar system maintenance by combining thermal imaging technology and drone technology, which can detect dead modules and panels on the cell level and can determine the degradation level of each module. “There is tremendous synergy between our two companies as both Greg (Gomes) are I clearly ‘out-of-the-box’ thinkers and doers,” said Doug Heck, CEO of Spectacular Solar. “This joint venture is going to produce valuable contracts that will have a strong positive effect on SPSO’s net revenue and will benefit SkyVue financially as well.” Additionally, SkyVue offers a wide variety of commercial and consumer aerial production services, ranging from to real estate inspections to sports coverage to producing stock footage. Gomes and his partner Josh Spooner have over 50 years of remote-controlled aerial platform flying and photography experience. With state-of-the-art aerial platforms in their arsenal, SkyVue has the wherewithal to get that perfect aerial still shot, film the unbelievable action shots or inspect the exterior of a 20-story commercial building. The goal of the JV is to apply Spectacular Solar’s science-based approach to the ongoing development of drone-based applications, which includes residential and commercial heat mapping, airport designs, construction siting and other innovations. “We are committed to pushing the edge of the envelope with technologies that have a primary or secondary place in the development of alternative energy sources,” Heck said. “This reflects our emerging goal to serve as a laboratory for innovation in a variety of technology sectors.” Although Spectacular Solar and SkyVue will remain fully independent, both companies are committed working togethe...