TwingTec
Developing the next generation of wind energy technology.
- horizon europe
- sustainable development goals
- dt and ls
- climate tech
- spinout
- space tech
- esa
- eit ecosystem
- industrial technology
- renewable energy
- esa bic
- space downstream
- nif defense security and resilience
- wind energy
- nif energy security and climate change
- novel energy
- space tech for energy
- energy tech
- nif energy
- space tech for aviation
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
$60.0k | Grant | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 1 % | (8 %) | 4 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
TwingTec is a pioneering startup in the renewable energy sector, focusing on innovative wind energy solutions through the use of drones. The company aims to significantly reduce global carbon emissions by harnessing stronger and more consistent winds at altitudes up to 300 meters. This technology has the potential to cut yearly CO2 equivalent emissions by an additional 10%, on top of the 33% reduction projected from existing renewable technologies like conventional wind turbines, hydroelectric power, and photovoltaic (solar) systems.
TwingTec primarily serves clients in industries that require decentralized power solutions, such as mining, desalination plants, food processing, and off-grid communities. These sectors often rely on diesel generators, which are costly and environmentally damaging. By replacing these generators with its wind energy drones, TwingTec helps clients save on electricity costs while contributing to a greener planet.
The company operates in the renewable energy market, which is rapidly growing due to increasing global awareness of climate change and the need for sustainable energy solutions. TwingTec's business model revolves around the development, deployment, and maintenance of its wind energy drones. The company generates revenue by selling these drones and offering related services, including installation, maintenance, and possibly energy-as-a-service (EaaS) contracts, where clients pay for the energy produced rather than the equipment itself.
TwingTec's leadership team includes experienced professionals like Marie Pierre Dhers, Reyad Fezzani, Dr. Tommaso Ghidini, and Marco Arcelli, who bring a wealth of knowledge in renewable energy and technology. Their expertise positions the company well to capitalize on the growing demand for sustainable energy solutions.
In summary, TwingTec is at the forefront of renewable energy innovation, offering a unique solution to reduce carbon emissions and provide cost-effective, decentralized power. The company is well-positioned to make a significant impact in the renewable energy market.
Keywords: Wind Energy Drones, Renewable Energy, Carbon Reduction, Decentralized Power, Cost Savings, Sustainable Solutions, Mining, Desalination, Off-Grid, Innovation.