Aikido Technologies Full-Scale Floating Wind Demonstrator to Be Tested in Norway
California-based Aikido announces site agreement with METCentre in Norway for a 15MW demo project
SAN FRANCISCO, May 19, 2025--(BUSINESS WIRE)--Aikido Technologies, Inc. (Aikido), a floating offshore wind technology provider, announced today that it has signed an agreement with Marin Energy Test Centre (METCentre) in Haugesund, Norway, to deploy a first-of-its-kind 15MW demo project, called 'AO60.' Once installed in 2027, the platform will be one of the largest floating wind platforms constructed and deployed to date.
The METCentre has a long history of supporting innovative floating wind projects, including the world's first floating wind turbine, deployed by Equinor (then Statoil) in 2009. The AO60 project will showcase how the Aikido Platform technology can lower costs while engaging with local Norwegian supply chain partners to assist in the assembly and deployment of the platform. Due to its compact 'flat-pack configuration,' Aikido's technology can leverage existing maritime infrastructure, ports and vessels already in use in Norway.
The Aikido Platform consists of thirteen modular steel components, including columns and trusses, that can be fabricated at existing offshore wind or steel fabrication sites. For the AO60 project, the components will be transported to a final assembly site near the test center, where the platform can be completed in a matter of days, not months, like traditional construction techniques. The Aikido Platform uses pin joints to complete the assembly of the platform without any major welding or painting work. The pin joints act as hinges and allow the platform to be folded during assembly, taking up just one-third of the space of traditional designs. Once deployed in the water, the platform is able to unfold during a simple ballasting procedure.
Sam Kanner, CEO of Aikido, stated, "We are proud to announce our partnership with the METCentre. As evidenced by the recent Utsira Nord actions, Norway is a key floating wind market. This project will show how Aikido can leverage existing infrastructure and vessels to reduce risks and accelerate the deployment of floating wind in Norway and around the world."
Cecilia Girard-Vika, Director of the METCentre, stated, "This project offers valuable industry experience and supports the development of a full-scale, innovative and cost-effective solution. We are very excited to welcome Aikido to our site in Norway and connect them with Norway's strong floating offshore wind supply chain."
To learn more about Aikido and the work it's doing, visit the website.
ABOUT METCENTRE
The Marin Energy Test Centre - METCentre - provides the opportunity to test and validate floater technologies in full scale.
Founded in 2009, METCentre is recognized as a world-leading North Sea test center for floating offshore renewable energy and new technology. The test center offers infrastructure and services required for testing technologies both in shallow and deep waters (over 200 meters) with varying testing conditions.
ABOUT AIKIDO
Aikido Technologies (Aikido) is a technology provider for the floating wind industry. The company was founded in 2022 with the support of Breakthrough Energy Fellows program. Aikido is developing innovative solutions to drive down the cost and accelerate the deployment of floating wind, worldwide. For more information, visit: www.aikidotechnologies.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250519126324/en/
Contacts
Contact Information Aikido : Sam KannerCEOAikido Technologiesinfo@aikidotechnologies.com
Contact Information METCentre: Cecilia Girard-Vikacgv@norwegianoffshorewind.no
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Yahoo
16 minutes ago
- Yahoo
DOGE can access sensitive Social Security records, Supreme Court rules
The Department of Government Efficiency can have unimpeded access to sensitive Social Security records for millions of people, the Supreme Court ruled Friday. The justices granted the Trump administration's emergency request to lift a lower-court order that had blocked a DOGE team assigned to the Social Security Administration from viewing or obtaining personal information in the agency's systems. The court's majority provided no detailed explanation for its ruling, but in a three-paragraph unsigned order, the majority wrote: 'We conclude that, under the present circumstances, SSA may proceed to afford members of the SSA DOGE Team access to the agency records in question in order for those members to do their work.' The three liberal justices dissented. In a 10-page dissent, Justice Ketanji Brown Jackson wrote that the decision creates 'grave privacy risks for millions of Americans.' Trump administration lawyers claimed the DOGE team members needed unfettered access to Social Security's data in order to detect and halt fraudulent payments, but a federal judge in Maryland ruled that the breadth of DOGE's access violated federal law and put the data at risk of intentional or unintentional disclosure. The legal fight over DOGE's access to Social Security data is one of several that broke out in the early weeks of Trump's second term as the budget-slashing team overseen by Tesla and SpaceX founder Elon Musk fanned out across the federal government. In response to lawsuits, federal judges also limited DOGE access to sensitive databases at the Treasury and Education departments, as well as the Office of Personnel Management. Some of the restrictions have been eased over time as the Trump administration convinced the judges that adequate safeguards were in place to avoid disclosure of personal information. U.S. District Judge Ellen Hollander, a Baltimore-based Obama appointee, blocked DOGE's access to Social Security's databases, which include tax and wage reports as well as retirement and disability payments. In her March ruling, she concluded that the access granted to the cost-cutting team violated the Privacy Act because agency officials did not show that it was necessary to include identifying information in order to carry out the search for fraudulent payments. Justice Department lawyers defending the move offered only 'cursory, circular statements' to justify the DOGE team's access, the judge said. However, Solicitor General John Sauer told the Supreme Court that the limits Hollander imposed interfered with President Donald Trump's ability to carry out his 'critically important' agenda to eliminate wasteful spending and update archaic systems at federal agencies. 'Employees charged with modernizing government information systems and routing [sic] out fraud, waste, and abuse in data systems plainly need access to those systems,' Sauer wrote. 'District courts should not be able to wield the Privacy Act to substitute their own view of the government's 'needs' for that of the President and agency heads.' In her dissent Friday, Jackson said the government had presented 'next to nothing' to explain what harm the DOGE operation or the Social Security Administration would suffer if the limits the lower-court ordered remained in place. The Biden-appointed justice also contended that her conservative colleagues were bending the court's usual standards to allow the Trump administration to pursue its favored course of action. 'It seems as if the Court has truly lost its moorings,' Jackson wrote, joined by Justice Sonia Sotomayor. 'The Court is … unfortunately, suggesting that what would be an extraordinary request for everyone else is nothing more than an ordinary day on the docket for this Administration.' Justice Elena Kagan also dissented from the court's order, but did not provide any explanation of her views. Among the projects DOGE staffers were working on at Social Security was one targeting improper payments to dead people. Trump has frequently falsely claimed that large numbers of deceased people receive Social Security checks, including earlier this year during a high-profile address in March to a joint session of Congress. 'One person is listed at 360 years of age … More than 100 years older than our country,' Trump said. 'But we're going to find out where that money is going, and it's not going to be pretty.' Musk also made staggering claims, suggesting in a social media post that 20 million people over 100 years of age were receiving Social Security. However, computer experts said most of the outlandishly implausible ages were the product of a default setting in the 60-year-old COBOL programming language, which interprets incomplete or missing age data as the system's oldest possible date in 1875. Musk's term as a special government employee ended last week with Trump hosting an Oval Office send-off for the tech entrepreneur. While the pair were upbeat and complimentary there, Musk's escalating attacks on Trump's budget bill currently before Congress led to a spectacular flame-out of the relationship in recent days, with Trump threatening to cut government contracts to Musk's businesses and Musk accusing Trump of delaying the release of FBI records that could be embarrassing to him.


TechCrunch
26 minutes ago
- TechCrunch
Why investing in growth-stage AI startups is getting riskier and more complicated
Making a bet on AI startups has never been so exciting — or more risky. Incumbents like OpenAI, Microsoft, and Google are scaling their capabilities fast to swallow many of the offerings of smaller companies. At the same time, new startups are reaching the growth stage much faster than they historically have. But defining 'growth stage' in AI startups is not so cut-and-dried today. Jill Chase, partner at CapitalG, said on stage at TechCrunch AI Sessions that she's seeing more companies that are only a year old, yet have already reached tens of millions in annual recurring revenue and more than $1 billion in valuation. While those companies might be defined as mature due to their valuation and revenue generation, they often lack much of the necessary safety, hiring, and executive infrastructure. 'On one hand, that's really exciting. It represents this brand new trend of extremely fast growth, which is awesome,' Chase said. 'On the other hand, it's a little bit scary because I'm gonna pay at an $X billion valuation for this company that didn't exist 12 months ago, and things are changing so quickly.' 'Who knows who is in a garage somewhere, maybe in this audience somewhere, starting a company that in 12 months will be a lot better than this one I'm investing in that's at $50 million ARR today?,' Chase continued. 'So it's made growth investing a little confusing.' To cut through the noise, Chase said it's important for investors to feel good about the category and the 'ability of the founder to very quickly adapt and see around corners.' She noted that AI coding startup Cursor is a great example of a company that 'jumped on the exact right use case of AI code generation that was available and possible given the technology at the time.' Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW However, Cursor will need to work to maintain its edge. 'There will be, by the end of this year, AI software engineers,' Chase said. 'In that scenario, what Cursor has today is going to be a little less relevant. It is incumbent on the Cursor team to see that future and to think, okay, how do I start building my product so that when those models come out and are much more powerful, the product surface represents those and I can very quickly plug those in and switch into that state of code generation?'


San Francisco Chronicle
36 minutes ago
- San Francisco Chronicle
The Children's Place: Fiscal Q1 Earnings Snapshot
SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — The Children's Place Retail Stores Inc. (PLCE) on Friday reported a loss of $34 million in its fiscal first quarter. The Secaucus, New Jersey-based company said it had a loss of $1.57 per share. Losses, adjusted for non-recurring costs, came to $1.52 per share. The children's clothing and accessories chain posted revenue of $242.1 million in the period. _____