Business update q2 2024
We are pleased to present our Business update for the second quarter of 2024.
Highlights from the period:
- Developed a modular concept for point source carbon capture from flue gas
- Strengthen the organization with the start of three new team members within operations, sales and technology
- Strong financial results for first half of 2024. Earnings before tax of 6,2 MNOK and equity share of 42%
- Norwegian approval of our patent no5 “Method and system for direct air capture of Co2 utilizing a physical sorbent”