No photo available

Details - Information last confirmed on July 5, 2021

Two-staged investment with 2-3 year time frame to full monetization.
Stage 1: completed
Stage 2: Scale model testing €5Million requirement (12 months)
Stage 3: Pilot "in field" testing. Year 2 onwards (12-24 months) €30M total including any debt component.
Stage 4: Monetization.
The technology allows the investor to explore opportunities in Deep water offshore which is typically acreage most companies consider not viable.
The solution offered can deliver a higher harvesting capacity due to improved "siting" - up to 500 metres depth, lower costs to deploy and higher speed of deployment.
Subject to NDA the requirement could be discussed in detail.
The design has been formulated by a company with over 20 years experience designing and building offshore floating infrastructure with several patents to their name.
The market size is potentially around €30Billion and upwards up to 2035.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.