Albatross Technology raises ¥250 million in pre-Series B financing
The company is developing a floating vertical-axis wind turbine designed for offshore deployment in deep water.
Testing a different offshore turbine design
Albatross Technology's floating vertical-axis design aims to lower the center of gravity and simplify structures needed for deep-water wind projects. The company is testing a small offshore unit in Nagasaki with industrial partners; its next step is a larger sea-going test machine. The approach targets utilities and manufacturers involved in building a domestic floating-wind supply chain.
Use of funds
Prepare a large-scale offshore test turbine following the small offshore experiment