Since 2016, Russ McMeekin has served as CEO of San Francisco-based Universal mCloud Corp., a technology company that specializes in organic growth and acquisition-based strategies in the energy assets sector. As part of his work, Russ McMeekin oversees all of the company’s M&A activity, including the recent acquisition of Ascent AeroSystems.
Universal mCloud announced the acquisition in late September 2018, which will allow the company to leverage its proprietary AssetCare remote cloud control technology in an entirely new catalog of assets, including HVAC systems, wind turbines, and transformers for electrical transport systems. Assisted by artificial intelligence, Universal mCloud will be able to monitor the performance and overall condition of these assets in real-time, which will make possible more effective maintenance schedules and avoid lengthy downtime periods.
In his comments, Universal mCloud CEO Russ McMeekin said the addition of Ascent to the company’s portfolio will increase its ability to provide cloud monitoring and maintenance solutions to energy assets in hard-to-reach areas. He also said Ascent’s technology will work hand in hand with damage-assessment provider NGRAIN solutions, another recent Universal mCloud acquisition.
Universal mCloud announced the acquisition in late September 2018, which will allow the company to leverage its proprietary AssetCare remote cloud control technology in an entirely new catalog of assets, including HVAC systems, wind turbines, and transformers for electrical transport systems. Assisted by artificial intelligence, Universal mCloud will be able to monitor the performance and overall condition of these assets in real-time, which will make possible more effective maintenance schedules and avoid lengthy downtime periods.
In his comments, Universal mCloud CEO Russ McMeekin said the addition of Ascent to the company’s portfolio will increase its ability to provide cloud monitoring and maintenance solutions to energy assets in hard-to-reach areas. He also said Ascent’s technology will work hand in hand with damage-assessment provider NGRAIN solutions, another recent Universal mCloud acquisition.
