QED Naval raised over GBP 795,000 from 900 investors

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QED has announced that it has smashed its expectations and is 160% ahead of its funding target already, beyond expectation.𝗡𝗲𝘄 £ðŸ­ð—º 𝗧𝗮𝗿𝗴𝗲ð˜Â!

We have raised over £795,000 from 900 investors, with 16 days left. With so many re-investing as well, we again would just like to say a BIG THANKS for all the support.

We also delight in welcoming you onboard and on our mission to make a difference in this world - growing our business into the global market - to the benefit of our shareholders.

We have decided to continue this incredible momentum and use it to help our growth. With an incredible focus on energy security and predictability, this timing and investment is well placed. Accordingly, as we look to close our funding round soon, we have decided to extend our invitation to further new investors and are delighted to announce that we are setting a new target of £1m.

This additional investment will really make a difference and help us maximise what we see as a great market opportunity and timing. It will facilitate us pushing further forwards with the development of our ‘off-grid energy solution’. This includes integrating battery energy storage and power control systems to our Subhub tidal platform at our Yarmouth Tidal Test Site – another big step towards our goal of providing 100% energy capacity - 24/7.

As we continue to make progress and change, almost on a weekly basis, I would strongly suggest following us on LinkedIn, Twitter, and or Facebook where we publish a lot of good information, live updates, and blogs. Recently this has included items such as the EU Energy Commissioner, Kadri Simson’s visit and day on our OTP project, and an upcoming meeting with Richard Graham MP; all of which are important as we try and help steer the UK and Government.

 

Photo: Subhub ready to go to the deployment yard

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