The funding round was led by Midroc New Technology, with additional investment from ALMI Invest Greentech, EIT InnoEnergy, and a group of private investors.
The project team, led by academics from the University of Hull, is working closely with Ørsted to help improve wave forecast modelling with direct industrial impact.
ABS and Samsung Heavy Industries (SHI) are working together to deliver Korea’s first end-to-end 3D model-based Class process, encompassing engineering and survey.