Business
AVSALT: No revenue, increased losses, and focus on pilot projects as Avsalt prepares for global expansion
AVSALT: No revenue, increased losses, and focus on pilot projects as Avsalt prepares for global expansion
About this update from Avsalt Group Ab
Avsalt Group reported no revenue and increased losses in H1 2024 as it focused on technology development and pilot projects. A 3.0 MSEK loan facility was secured to support liquidity, and the company is preparing for global market entry with its patented water purification technology.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.