Wednesday, October 30, 2024

Startup shakes up industry with revolutionary wind turbine design backed by Bill Gates — here's what it's capable of

Jon Turi  www.thecooldown.com

October 27, 2024

A floating offshore wind energy startup called Aikido is preparing to launch its innovative new platform this fall.

The company, which is being funded by Bill Gates' Breakthrough Energy for its pilot project, recently added another $4 million from an investment round, as Windpower Monthly reported.

A recent company news release said the initial funding put the company on track this fall to launch its Aikido One platform, which aims to solve a variety of issues, including assembly and transport, that are common stumbling blocks in the industry.

The company will use the new funding "to advance its technology for offshore deployment, build its team, and develop a commercial pipeline," per the release.

"Floating wind must become commercialized by the end of the decade so that we can meet decarbonization targets set by pioneering offshore wind countries," said Sam Kanner, CEO of Aikido Technologies, per the release.

"We believe that our technology suite represents a step change in reducing costs, simplifying logistics, and increasing throughput of floating wind systems."

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