To be considered for the Spotlight on New Technology program, technology must meet four key criteria. Winning technologies must be new and innovative; specifically, they must be less than two years old and be original and ground-breaking. The technology must also be proven either through full-scale application or successful prototype testing. It must further have broad interest, applicable to a wide segment of the industry. Finally, a Spotlight award winner must represent significant impact, providing significant benefits beyond existing technologies.
Torden has been acknowledged to excel in all criteria; WiSub receives further distinction as a Small Business competing for the award against other worthy innovations developed by large international enterprises.
– We are delighted to win this award. Two years ago, WiSub’s first product Maelstrom took home its own Spotlight award. Torden disproves the theory that lightning can’t strike twice, states Mark Bokenfohr, CEO of WiSub.
– WiSub intends to disseminate its innovative solutions faster and further by raising investment capital for accelerated growth, supporting increased sales activity both at home and abroad. The right strategic investor would join existing shareholders based in Norway, the UK, USA and Brazil, Bokenfohr adds.
Houston-based Offshore Technology Conference (OTC) is the offshore energy industry’s premier, global event where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters. Each year, OTC recognizes innovative technologies with the Spotlight on New Technology® Award.
Torden™ High Power Pinless Subsea Connector is developed in collaboration with National Oilwell Varco (NOV) and with support from Innovation Norway.
The company is an earlier member of BTO’s incubator Nyskapingsparken, and we hold an ownership share in the company.