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Norhard AS logo — Cost Efficient and Environmentally Friendly Directional On-s...

Norhard AS

Cost Efficient and Environmentally Friendly Directional On-shore Drilling Solutions

Founded 2007 18 employees Venture round Total: $1.97M ESG, Renewable Energy +1

General Information

Company Name Norhard AS
Founded Year 2007
Employees 18
Industries ESG, Renewable Energy, Construction
Funding Stage Venture round
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About Norhard AS

Norhard AS is a full-service provider for directional drilling and lining of penstocks for hydropower plants. Established in 2007, the company is based in Tonstad, Norway. The area, known for its expertise in hydropower, is home to the Tonstad Hydropower Plant with an impressive 1000 MW capacity. Norhard's innovative drilling technology is fully electric-operated, remotely controlled, and has integrated systems for navigation and steering, enabling drilling along predefined curves. These unique features make it an environmentally friendly and efficient solution for underground infrastructure projects. The company's latest €1.97M investment came from the EASME - EU Executive Agency for SMEs in a Venture Round in January 2017. With a total production capacity of about 250 GWh of clean renewable energy, Norhard has successfully implemented its solutions in numerous hydropower plants across Norway.

Taxonomy: Directional drilling, Hydropower technology, Renewable energy solutions, Environmental friendly drilling, Energy infrastructure, Electric operated equipment, Remote control technology, Penstock lining, Hydropower plant construction, Norwegian energy sector, Pressure shaft drilling, Infrastructure solutions, HVDC connection technology, Clean energy production, Silent operation technology

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round €1.97M 1
EASME - EU Executive Agency for SMEs
09 Jan 2017

Norhard AS Alternatives & Competitors

Norhard AS vs
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FAQ About Norhard AS

Cost Efficient and Environmentally Friendly Directional On-shore Drilling Solutions
Norhard AS was founded in 2007.
Norhard AS operates in ESG, Renewable Energy and Construction. Its work centres on Directional drilling, Hydropower technology, Renewable energy solutions and Environmental friendly drilling.
Norhard AS has approximately 18 employees.
Norhard AS has completed 1 funding round, raising a total of $1.97M. The latest funding stage is Venture round.
Top alternatives and competitors to Norhard AS include NOVELAN, Eversun. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Norhard AS and NOVELAN are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Norhard AS, https://bouncewatch.com/company/norhard-as, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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