Betolar and ScaleWolf Deepen Strategic Partnership

Betolar Plc and the US-based investment and industrial development firm ScaleWolf are deepening their strategic partnership. ScaleWolf plans a direct investment in Betolar's newly established subsidiaries, Metal Extraction Technology (MET) Oy and Critical Infrastructure Protection (CIP) Oy.

The investment aims to support Betolar's objectives in scaling technologies and infrastructure that strengthen critical supply chains, energy security, and defense capabilities. ScaleWolf specializes in developing these specific sectors.

This deepening of the partnership builds on a prior agreement made in June, the details of which have not been disclosed in this announcement. The investment is expected to enhance Betolar's capacity for global expansion.

Betolar develops and licenses technology for concrete production. The formation of these subsidiaries and ScaleWolf's investment are intended to facilitate the commercialization and market launch of new technologies.