DSM Venturing, the corporate venturing unit of Royal DSM N.V., has made an investment in Germany based SkySails GmbH & Co. KG (SkySails).SkySails develops, produces and sells wind propulsion systems for the marine industry which are based on large automated towing kites. Depending on the prevailing wind conditions, a ship's average annual fuel costs and emissions can be reduced by 10% to 35% by using the SkySails Kite System.The venturing participation is a next step in the cooperation between the two companies.
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