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Sep 5, 2022
Reliance Industries to Invest $32M USD And Become A Majority Stakeholder In SenseHawk Inc
San Francisco, CA — September 9, 2022 — Reliance Industries Limited (RIL) has acquired a majority stake in SenseHawk through an investment of $32 million USD. The investment will be used towards future growth, the commercial rollout of products, and R&D. RIL plans to use the SenseHawk Digitization Platform (SDP) to roll out its plan for 100 GW of solar assets by 2030.ting in robust savings and higher return on their investment.