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Lighter & less expensive
Lighter & less expensive
Nextcable Life Cycle Concept


Step 1: Establish and plan pre-study
100 000 NOK
- Screen technology of relevance
- Describe a preparation for an innovation project to be supported by Innovation Norway
- Onboard funding partners (1 MNOK)
- File the application to IN for 1 MNOK public funding
Step 2: IP and study to plan the Pilot
2 MNOK
- File patent application and other IPR DNV-workshop (Approved in Principle certification)
- Design as basis for Pilot-project development
- Onboard Funding partners (7 MNOK) for the next step
- Write application to IN for public funding of 10 MNOK for the Innovation Project (Step 3)
- Partner contribution in step 2: (Cash, Competence, Specify site)
- Exit-fee 50% of next step contribution in the event that partner chooses exit from Step 3
Step 3: Pilot – design, test and qualify
17 MNOK
- Pilot design, produce and test in lab
- Install in sea
- Monitor during testing & Decom and analysis of data
- Onboard Funding partners (12 MNOK) for next step
- Partner contribution in step 3: (Cash, Competence, Specify site)
- Write application to Enova for public funding of 10 MNOK for the Demo Pre-Project
Step 4: Pre-Project – design, & plan
22 MNOK
- DNV-workshop no. 2 – key learnings from Pilot
- Plan Demo-project
- Onboard Funding partners (75 MNOK) for the next step
- Apply funding from Enova (25 MNOK)
Step 5: Demo 50-100 MW
100 MNOK
- Produce and install cable at 50-100 MW Offshore Wind Park
This is why Nextcable will succeed!

Bengt Haugland
Chairman CEO/Founder, Nordcable
Bengt Haugland was the first to come up with the idea that has been developed into today's Nextcable concept. At Norcable, Bengt is well-versed in the market and sells cables directly to end customers. In addition, he has first-hand knowledge of several of Nextcable's potential competitors.
Jan Torstensen
CEO/Founder, LOS Cable Solutions AS
Jan Torstensen is the founder and CEO of LOS Cable Solutions. He is technically competent with a broad overview of the Norwegian high-voltage market. Jan and LOS Cable Solutions are potential early investors in Nextcable, providing the company with complementary IP.
Øystein Håvik
CEO/Founder, LOS Cable Solutions AS
Øystein Håvik is a high-voltage installations specialist at LOS Cable Solutions. He is also a project manager who can handle large cable projects. Øystein and LOS Cable Solutions are potential investors and experts in Nextcable and have been a key partner in Nextcable planning.
Loyd Arve Nornes
Inventor in Kapilar AS
Loyd Arve Nornes is a practical engineer who can solve mechanical, hydraulic, pneumatic challenges in a simple and robust way, an at the same time being ingenious and original. Loyd has written and had several patent applications approved.
Thor Valsø-Jørgensen
CEO/Nextcable AS
Thor Valsø-Jørgensen has experience in planning and implementing energy projects and has worked in Semar AS with the establishment of Honeymooring for floating wind. He has written several applications to NFR, IN and Enova and has his network within the energy sector.
Call us:
(+47) 409 09 760