Minesto AB has successfully completed the installation of a drilled and grouted seabed anchor solution for the Dragon 12, at the company's production site offshore in Vestmannasund, Faroe Islands. The installation was carried out by Minesto's collaboration partner Leask Marine Ltd. The Dragon 12 kite system is assembled, tested and ready for installation, commissioning, and power production. The innovative seabed anchor solution is developed by Leask Marine together with Minesto and has for the first time been installed.

The Dragon 12 system is on the quayside in Vestmanna and is ready for installation and electricity production. Compared to a traditional gravity-based foundation, seabed anchoring reduces costs for tidal energy array buildout and lowers carbon emissions.