Acquit Business Development BV secured funding for its next growth stage. With a private placement by Ponooc Earth BV the new company “Akiet” is incorporated in The Netherlands.
On the bases of manufacturing technology developed by Acquit Business Development a manufacturing facility will be constructed to start the production of High Strength Composite Tubulars for down hole applications. The R&D activity will be intensified to ensure that Akiet has the ability to further its technological advantage and develop products for the future requirements of the drilling industry.
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