Kitemill develop and delivers the next generation wind turbines, Airborne Wind Energy (AWE). The airborne wind energy kite is able to generate power exploiting the strong and consistent wind from 300 m. Further: • LCOE from c€4.1/kWh to c€2.8/kWh by 2030 • A high capacity factor of at least 50%. Conventional wind turbines is 32%. • 90% reduction of materials compared to conventional wind turbines • 60% lower CAPEX compared to wind turbines • Stable power production from consistent wind reduces costs for net balancing and energy storage and strengthen delivery security. • Minimal terrestrial footprint due to Vertical take-off and landing (VTOL) system

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Lars Hillesgate 30

5008 Bergen

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