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Bergen Carbon Solutions cuts cash burn by 33% and accelerates battery testing
Bergen Carbon Solutions reduced cash burn in the first half by 33% to a quarterly rate of NOK 11.6m and considers this outflow rate sustainable going forward. Liquid funds amounted to NOK 122m. At the same time, the company is expanding battery testing from button cells to pouch cells with industrial partners in Europe and Asia; initial feedback is reported as positive and additional samples have been requested. BCS also received notification of an intention to patent a CO2 capture and purification technology. Revenue figures and EPS were not disclosed, so commercialization remains uncertain. » Más en de.investing.com
Bergen Carbon Solutions reports technological breakthrough and receives NOK 30m funding commitment
Bergen Carbon Solutions reports a breakthrough in its MSCC-ET technology for CO2 capture and conversion and has established a stable, repeatable process platform for producing highly conductive carbon materials. The process yields 1 kg of carbon powder while capturing 3.6 kg of CO2 and is intended to enable local, scalable supply chains for battery materials. The company reported a net loss of NOK 9.6m in Q3 2025, reduced its burn rate by 52% since the start of the year, and closed the quarter with NOK 140.9m in cash, supported by a NOK 30m grant from Innovation Norway for a three-year project. Bergen Carbon Solutions is preparing to produce larger material volumes and conduct tests with external battery labs but remains in the pre-commercial development phase prior to generating revenue. » Más en de.investing.com
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