Ground-based wind technology today has limitations. Kitemill was founded on the idea that by harvesting wind power at altitude, where the wind is stronger and more consistent, a solution could be found that reduces these limitations. Kitemill has developed a fully-autonomous kite turbine prototype and has scaled up its design towards a pre-commercial solution. Autonomous operation including; take off and landing, production and return (all phases of flight for a Kitemill) was successfully tested in 2016. Kitemill harvests wind energy above 500 meters altitude. Our current operation altitude is 2-300 m and our new demo scale kite is to work at 3-500 m. Later, the utility scales are supposed to harvest energy up to 1500 m. We have optimal test facilities at Lista airport, Norway, with a license to operate from Norwegian CAA (Civil Aviation Authority - Luftfartstilsynet) which makes life a lot easier. Our workshop is located right next to the test field. First kitepark in the world to be installed at Lista during 2017, with 5 units of 30 kW. Furthermore, Kitemill has secured its customer for the park already. R&D program based on ”best practice” from DNV GL. Kitemill was established in 2008 and tested the forces on 35 and 50m2 large soft kites. We measured more energy output then expected. Our R&D program was improved in 2012, as Kongsberg Innovasjon entered as shareholders in Kitemill, and assisted strongly on the development of our control system. The main objective with the upcoming funds is to complete the 30 kW project towards a full autonomous protoype. All the components have been produced so what remains is the setup and tuning in an operational environment which can be completed with least needed resources. In conjunction with the capital we need, we also hope to build a network of shareholders from around the world who can help us in the next steps of our development, acting as ambassadors to bring us into new markets and conversations!
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Invesdor operates an online investment platform that connects ambitious European growth companies with investors worldwide. Invesdor has helped raise more than 17 million euros and hosted more than 66 successful equity crowdfunding campaigns. A financial technology (fintech) company founded in Finland in 2012, Invesdor is the Nordic market leader in equity crowdfunding measured in invested capital and revenue in 2015. Invesdor's clients include private and publicly traded companies from Finland, the UK, Norway and Denmark as well as investors from more than 50 countries. Invesdor has offices in London and Helsinki. We have a 'MIFID' licence issued by the Finnish Financial Authority which allows us to passport our licence across all EEA countries. We have a campaign success rate over 60% in the last 12 months, have received over 12,000 individual investments and our crowd size is over 50,000 (including all registered users, newsletter subscribers and social media followers.
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