This “new” protection solution sounds a bit funny; a significant portion of substations are already protected by concrete structures (at least when looking around). So, what exactly is the “new thing” in Betolar’s solution that differentiates it from traditional concrete protection? These protections have been and are currently being built quite normally by traditional players. It’s just standard precast concrete technology, meaning competition is fierce. The journey of new innovations to becoming commercial success stories is often long.
(I’ll remain a bystander for now; it is interesting, in itself, if something new and revolutionary has been invented.)