September 27, 2022

SkylineWasher400x275Skyline Robotics, which develops the Ozmo high-rise window-cleaning robot, has announced a key investment from commercial and residential real estate company Durst Ventures. The venture company is an affiliate of The Durst Organization, which owns some of New York City’s most notable skyscrapers, including One Bryant Park, One World Trade Center and 151 West 42nd Street. The new investment will further Skyline’s development and deployment of Ozomo, while The Durst Organization plans to utilize Ozmo to enhance the quality of service to its tenants and residents. Financial terms of the investment were not disclosed.

The Ozmo robot combines artificial intelligence, machine learning and computer vision with advanced robotics and sensors to tackle industry challenges such as worker safety and labor shortages. With Ozmo, window washing can be performed up to three times faster than humans, without putting workers at risk. Because Ozmo is operated by humans, it does not replace human window washers, but rather accelerates a future where humans and robots work together, Skyline said. This results in a smarter, faster, safer and more economical alternative to human window washers.

“As the real estate industry evolves, demand is growing for modern solutions that will not only maintain their assets, but will monitor and enhance the underlying asset value,” said Michael Brown, CEO & chairman of Skyline Robotics. “Skyline Robotics is at the forefront of this new direction, and the support from The Durst Organization and the real estate community shows that the need and demand for our technology is necessary and vital.”

“New York City is world-renowned for its skyscrapers and it is imperative that the facades of its iconic skyline be maintained,” said Jonathan (Jody) Durst, president of The Durst Organization. “Skyline Robotics is forging an innovative path forward for facade maintenance, leveraging cutting-edge technology that will transform how we maintain and determine the health of our buildings.”

“Skyline’s transformative approach to property owners’ problems is a perfect fit for Durst Ventures,” Durst added. “As a generational real estate owner, The Durst Organization provides the highest quality of service to its residents and tenants and we are excited to partner with the Skyline team on the future of façade maintenance. With this investment, Durst Ventures will become a steward of innovation within real estate.”

For more details on Skyline Robotics and its technology, visit its website here.

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