Here are Tommi’s comments as Betolar and Enersense begin cooperation to protect substations ![]()
Betolar announced on Friday that it has signed a letter of intent (LoI) with Enersense for commercial cooperation to protect substations from external threats, such as drones. We view the partnership as a positive step, as Enersense brings much-needed credibility and delivery capability to the protection solution announced by the company in April. Although the changed security environment may create a rapidly growing niche for the solution, we do not see pressure to change our forecasts based on the announcement, as commercialization is only in its early stages. This is also supported by the significant revenue growth we have forecasted for 2027, which requires success in the commercialization of Betolar’s technology.