Corvus Energy has chosen Kitron as the strategic manufacturing partner for the company’s battery management control systems. The value of the contract is NOK 100 million.
Production will take place at Kitron’s facility in Arendal, Norway. The contract is for deliveries in 2021 and 2022, with an option for extension.
In addition to the manufacturing of electronics modules for Corvus’ Energy Storage Systems, the contract also covers assistance towards Corvus Energy’s product redesign.
“With our expansive growth and the worldwide increasing interest in zero-emission technology, it is important for us to have long-term strategic and trusted suppliers. We are very pleased to sign this contract with Kitron as they are a highly capable and strong sourcing partner for Corvus with a vast global network,” says Nils Valland, Senior Vice President Supply Chain at Corvus Energy.
Kitron (www.kitron.com) is a leading Scandinavian electronics manufacturing services company for the Defence/Aerospace, Energy/Telecoms, Industry, Medical devices and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, Poland, China and the United States. Kitron had revenues of about NOK 4.0 billion in 2020 and has about 1 800 employees.
“We’re excited to be able to support Corvus Energy in its push to transform the maritime industry to an emission-free future, powered by batteries and fuel cells. This fits perfectly with Kitron’s strategy of pursuing growth opportunities within electrification, a megatrend that has just started and will fundamentally alter much of the technology we use for transportation and machinery,” said Peter Nilsson, President and CEO of Kitron ASA.