ANNUAL REPORT 2025
As we close 2025, Bergen Carbon Solutions exits the year in a stronger and more robust position than we entered it, with substantial technological progress and improved financial discipline.
We have established a stable process platform that enables us to reproduce carbon nanotube material at a defined quality with significantly improved consistency.In 2025, our cash burn decreased by 48 percent compared to the previous year.The NOK 30 million grant from Innovation Norway, confirmed in November 2025, provides important support for the next development phase and helps reduce financial risk going forward.
"As we move into 2026, we do so with an established technology platform, improved process control, and a clearer direction for industrial validation. The focus will be on producing larger test volumes with consistent quality, increasing external testing with carefully selected partners, and continuing process optimisation." says Odd Strømsnes, CEO.
The full report is available on this link:
BCS Annual Report 2025.pdfpdf