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Kistos Invests in Pioneering Tidal Energy Technology

Kistos Invests in Pioneering Tidal Energy Technology

Kistos PLC (GB:KIST) has released an update.

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Kistos Holdings PLC has announced a strategic investment in Spiralis Energy Ltd, a company specializing in innovative tidal energy technology. This investment aligns with Kistos’ commitment to the energy transition and sustainability, offering up to 20% equity interest in Spiralis for £800,000. The partnership aims to advance the Axial Skelter tidal power solution, which could significantly impact sustainable energy generation.

For further insights into GB:KIST stock, check out TipRanks’ Stock Analysis page.

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