AiDASH

Climate Tech · Grid Resilience · Industrial AI

Acquisition

Schneider Electric buys climate-adaptation startup AiDASH for $350M

Utilities lost record hours to storms last year, pushing grid operators to treat satellite-based vegetation monitoring as core infrastructure, not an add-on.

• Schneider Electric has acquired AiDASH, a climate-adaptation and grid-resilience software startup, for $350 million, a deal confirmed in Schneider's own H1 2026 earnings call.
• AiDASH uses satellite imagery to run vegetation-management (IVMS) and asset-monitoring (AIMS) software for utilities, with customers including Xcel Energy, National Grid, Entergy, Eversource and Avista.
• The deal ranks among the largest exits to date in the climate-adaptation technology sector, according to Tech Funding News.
• US electricity customers averaged 11 hours of outages in 2024, almost double the prior decade's norm, with major storm events driving about 80% of that downtime, per EIA data.
• Schneider Electric's own research estimates $388 billion of global data-center asset value is unpriced climate risk today, potentially rising to $1-3.7 trillion as AI-driven buildout accelerates.
• As AI-era data centers and grids concentrate physical risk, incumbents like Schneider are buying climate-resilience software outright rather than treating it as a bolt-on ESG feature.