Equinor Deal With 3D Print Start-Up

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  • Equinor signed a letter of interest (LOI) with Koral Engineering in Bergen, Norway. A 3D print company 
  • A result of this year Equinor and Techstars Energy accelerator program.

A digital inventory reduces the need for physical inventory said in an article on site equinor.

Equinor and Koral relationship

Equinor believes the developments proposed by koral engineering are needed for the changes in industry. In digital supply networks 3D printing and digital inventories are important for better development.

A devital inventory saves time, money and physical energy. The main areas to reduce maintenance, reduce physical inventories, reduce lead time, reduce physical inventory, reduce waste and increase functionality.

Equinor finds Korall Engineering’s technology and competence interesting, and it is Equinor’s intention to continue the collaboration started during the Equinor & Techstars Energy.

Equinor Ventures has also awarded two Accelerator Prizes to the start-ups Sol Clarity from USA, both companies receive USD 50,000.

Equinor & Techstars Energy Accelerator was hosted by Equinor at the offices in Oslo, Norway with eight start-ups from around the world. Almost 100 workers assisted startups and worked in them. The program has provided a unique opportunity for the best ideas in the energy sector. start-ups will play an important role in developing new technologies.

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Source: equinor.com