Sep 24 2012

MIF invests in Ampyx Power


The Hague - Ampyx Power, a leading company in the emerging Airborne Wind Energy industry, has secured investment from the Mainport Innovation Fund and the Dutch Greentech Fund.

Ampyx secures investment from the Dutch Greentech Fund and Mainport Innovation Fund.

Ampyx Power, a leading company in the emerging Airborne Wind Energy industry, has secured investments from Mainport Innovation Fund and Dutch Greentech Fund. 

Ampyx Power is developing a novel wind energy technology that is expected to realize a paradigm shift in the electricity generation sector. Its product, the PowerPlane®, is projected to generate electricity at cost levels competitive with fossil fuel alternatives at its initial commercial scale. Further system up-scaling to larger capacities will allow electricity generation at costs well below any other generation technology, especially if PowerPlanes® will be deployed offshore. Ampyx will use the investment to finalize its pre-commercial PowerPlane® system and initiate commercialization of its technology.

Click here to view the press release or watch the video below.

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