Norwegian Kitemill AS has acquired the intellectual property assets of Scottish KPS (Kite Power Systems). Kitemill absorb the KPS assets and continue development in Norway where they plan to set up the first airborne wind demonstration park in Lista as early as 2021...
After several years of dialogue about industry consolidation between KPS and Kitemill, Kitemill has purchased the KPS intellectual property. In recent years, the Scottish company KPS has generated significant value in its intellectual property in the form of patents, prototypes, design reports, simulations, technical results, market reports and more.