Seatower AS offers turnkey foundation solutions to wind farm developers, being a first mover foundation design company marketing the game-changing Cranefree Gravity®. This solution enables the transportation and installation of deepwater offshore wind foundations without the usage of offshore cranes and jack-up vessels, ultimately aiming to drive the cost of energy down. The company's technology and installation methods have been verified and certified by DNV and are protected by numerous international patents.
Founded in 2007, Seatower operates in the Energy and Renewable Energy industries, targeting the European market for deep-water foundations. With an estimated 7000 to 8000 foundations set to be installed in water depths of over 35 meters in projects currently planned in the UK and Germany alone, Seatower has positioned itself in a promising market. The company's last investment was a Venture Round investment on 05 October 2012, with the investor being Electranova Capital.
