NOSTEC secures a LOI from a Norwegian Customer!

NOSTEC has secured a Letter of Intent from a prominent Norwegian customer to participate in the pilot project to build and verify a 1MW charging soulution with the EZ-technology.

The successful acquisition of a Letter of Intent (LOI) is marking a strategic milestone that exemplifies trust and signifies a commitment to excellence.

In a statement, CEO Lars Brekke expressed enthusiasm about the new venture, saying, "Securing this Letter of Intent from our esteemed Norwegian partners is a thrilling achievement. This collaboration stands as a testament to the trust they place in NOSTEC. We are grateful for the opportunity to partner with this dedicated customer to develop an innovative charging solution - EZconnect, designed for the aggressive climate it will operate in."

The LOI, serving as a precursor to a formal agreement, outlines the mutual intent to design and test a robust, low-maintenance charging solution under the trademark EZconnect.

The collaborative agreement focuses on verifying the EZ technology in a high-energy charging solution, ensuring operational safety without the need for human intervention in the vicinity of the charging system during its operation.

NOSTEC remains steadfast in its dedication to developing safe and effective charging solutions, contributing to a better and cleaner future.