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Green Rebel to invest up to €20 million in smart-buoy project | Business Post

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Green Rebel to invest up to €20 million in smart-buoy project, lorcanallen reports.

Pearse Flynn, founder of Green Rebel: investment of €20 million in the pipeline. Picture: Clare Keogh

Green Rebel, the Cork-based marine technology company, is set to invest up to €20 million in its business over the coming years as it seeks to increase production capacity for a new data-gathering offshore buoy it has developed. The company is launching its new IDS Floating Lidar Buoy Mk-II, which is designed to operate autonomously at sea and uses laser technology to measure the speed of winds at heights of up to 300 metres. The...

 

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