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An update from Bergen Carbon Solutions AS ( (DE:7X7) ) is now available.
Bergen Carbon Solutions AS has secured a NOK 30.3 million grant from Innovation Norway to advance its sustainable carbon material technology for the battery industry. This funding will bolster the company’s growth potential and reduce risks associated with technology development, positioning BCS at the forefront of green technology. The project will focus on expanding the carbon powder product portfolio, which is crucial for developing lighter, longer-lasting batteries with higher energy density. BCS’s innovative approach reduces emissions by using CO2 as a feedstock, contributing to a more sustainable battery manufacturing value chain and strengthening Norway’s position in the European battery market. The company is actively seeking strategic partnerships to accelerate market entry and international growth.
More about Bergen Carbon Solutions AS
Bergen Carbon Solutions AS is a Norwegian technology company specializing in carbon utilization. Established in 2016 and listed on Euronext Growth, the company focuses on converting CO2 into valuable solid carbon materials, such as carbon nanotubes and graphite, for the battery industry. Their innovative process aims to provide sustainable alternatives to fossil-based solutions, targeting the global battery market and other carbon-intensive industries.
Average Trading Volume: 37,046
Current Market Cap: NOK167.9M
For an in-depth examination of 7X7 stock, go to TipRanks’ Overview page.