Tugdock Submersible Platform (TSP) Asset Co

Tugdock is working on several opportunities with clients and partners across the globe that will see early deployment of the TSP technology on a FOW demonstration project before 2026. Tugdock is seeking investors to discuss Asset Co commercial arrnagments, developer led supply chain support, and asset sharing models. The TSP is currently at TRL 6-7, having been successfully demonstrated in an operational environment, particularly through the floating wind demonstration project Provenance Grand Large (PGL) Floating Offshore Wind Demonstration Project 3 x 8MW turbines in France. The full-scale design has now been verified by DNV through a technology qualification and a Statement of Feasibility (SoF) process. The next phase of work is expected to advance the TSP to TRL 8 and ultimately to TRL 9, confirming its readiness for full-scale commercial deployment in floating offshore wind projects.