SubSea Craft makes multi-million-euro investment in UK battery specialist LORILLION, acquiring 40% stake
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LORILLION, a Coventry-based engineering and R&D company specialising in bespoke electrification solutions and clean-energy technologies, has secured a multi-million-euro (multi-million-pound) investment from Portsmouth-based maritime technology company SubSea Craft.
With this investment, SubSea Craft has acquired a 40% equity interest in LORILLION. This investment aims to strengthen the UK’s sovereign capability to design, industrialise, and manufacture specialist battery systems for
With this investment, SubSea Craft has acquired a 40% equity interest in LORILLION. This investment aims to strengthen the UK’s sovereign capability to design, industrialise, and manufacture specialist battery systems for
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