SuperNode shareholders AKER Horizons and Dr. Eddie O’Connor’s Volnay have injected €14 million of additional funding into SuperNode Ltd. This funding will be used for the further development of innovative superconducting transmission technology.
SuperNode CEO John Fitzgerald said:
“We are grateful to have the support and confidence of big picture investors of the caliber of AKER Horizons and our founder Dr. Eddie O’Connor. This funding will enable us to further develop our technology in our own purpose-built European Cryogenic Centre for Superconductors. We are confident in our ability to produce game changing innovative superconducting technology that can transform energy and accelerate the deployment of indigenous renewable energy such as solar and wind power.”
SuperNode is a cutting-edge global technology company based in Dublin, Ireland that designs superconducting systems to integrate renewable energy and properly connect markets. Superconducting technology requires less materials, is more efficient and environmentally friendly and importantly is lower in cost than any other viable alternative.
SuperNode is co-owned by founder Dr. Eddie O’Connor and Norwegian green investment group AKER Horizons.