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COINTURK FINANCE > Business > GBM Works Secures Funding to Advance Vibrojet Technology
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GBM Works Secures Funding to Advance Vibrojet Technology

Overview

  • GBM Works secured €6 million to develop Vibrojet technology.

  • Vibrojet reduces underwater noise in offshore wind projects.

  • First commercial deployment planned for Hollandse Kust West VI.

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In a significant move towards addressing environmental challenges in offshore wind energy, GBM Works, based in Amsterdam, has announced the initial close of a €6 million seed funding round to advance its Vibrojet technology. The Vibrojet technique offers a quieter method for installing wind turbine foundations, which helps mitigate marine noise pollution. This funding is seen as a crucial step in accelerating the development of eco-friendly solutions within the renewable energy sector. With the growing scale of offshore projects, the demand for sustainable practices has never been more critical, and GBM Works aims to lead the charge in this field.

Contents
What Makes Vibrojet Different?How Will the New Funding Be Utilized?

In the past, traditional pile-driving techniques in offshore wind projects have been criticized for their detrimental impact on marine life due to noise pollution. These conventional methods have faced increasing scrutiny from environmental groups and regulatory bodies. In response, GBM Works’ Vibrojet technology has been gaining attention for its potential to address these concerns by offering a less invasive alternative. The company is advancing its solution to meet stricter environmental standards and increase the sustainability of offshore wind installations.

What Makes Vibrojet Different?

Vibrojet sets itself apart by significantly reducing underwater noise, an aspect that traditional methods have struggled with. By tackling this issue, GBM Works not only meets environmental regulations but also promotes sustainable practices within the renewable energy industry. The technique has applications beyond offshore wind, covering decommissioning, jacket piling, and more, reflecting its versatility and potential contribution to global climate objectives.

How Will the New Funding Be Utilized?

The €6 million funding, which could increase to €7.5 million with further co-investor contributions, will be used to finalize the Vibrojet development and conduct an offshore test in March 2025. The test, supported by 13 industry partners, including Shell and Eneco, aims to validate the technology’s feasibility for large-scale projects. Additionally, the company plans its first commercial deployment at the Hollandse Kust West VI wind farm in 2026.

“Our intrinsically silent installation technology is set to transform the way offshore wind farms are built, significantly reducing underwater noise to protect marine ecosystems,” said Govert Meijer, CEO of GBM Works.

The backing from prominent investors like the EIC Fund and Katapult Ocean emphasizes the industry’s confidence in GBM Works’ capabilities to lead in sustainable offshore energy solutions. This funding also highlights the growing market for technologies that align with environmental and economic sustainability goals.

As the offshore wind sector continues to expand, innovations like Vibrojet are necessary to balance energy development with environmental conservation. By providing a quieter installation method, Vibrojet helps ensure the growth of renewable energy projects without compromising marine life. The company’s progress will be closely monitored as it moves towards commercial deployment and further testing, marking a crucial phase in its journey.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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