Ping Services
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Ping Services (Ping Monitor) was an Adelaide-based climate-tech startup founded by Matthew Stead and Jon Cooper. After about six years of R&D, it launched a world-first aero-acoustic monitoring system: a conical listening device attached to wind-turbine towers that continuously assesses blade health from the blades' acoustic signature, rating damage on a 1-to-5 scale and detecting faults such as lightning/hail pitting or cracks. Remote data was transmitted via Myriota nanosatellite connectivity. By 2023 it had installed over 800 Ping Monitors on turbines in 23 countries.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Grant and seed raise
Ping wins a A$170,000 Accelerating Commercialisation grant and closes a A$650,000 seed round, launching the solar-powered, satellite-connected Ping Monitor 2.0.
- Merger with eologix
In May 2023 Ping Services merges with Austrian rotor-blade sensor company eologix sensor technology, forming eologix-ping — combining Ping's acoustic monitoring with eologix's on-blade sensors into a single dashboard. Ping retains operations in Australia.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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