We are really happy to announce that we have created our own spin off called Octoteq who will be fully responsible for the new development of the offshore platforms. New company is established in CZ and is fully owned by the founders (for now) with the capital of 120.000 EUR.
The mission of the company is promote, design, deploy and run the platforms. Together with the Universities from across the Europe (Germany, Czech Republic and Poland) and several business partners from various countries we have already submitted proposal to European Commission for funding worth of 23.000.000 EUR to support the research and development.
Octoteq is progressing on the rising further funds to build the full scale platform by end of the 2021 with full support from BSG and all our resources the company is growing every day.