Kistos PLC (GB:KIST) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.