Desert Control posts annual report presentation highlighting US Southwest, Middle East growth focus
- Desert Control outlined a tighter commercial focus on American Southwest and Middle East, with direct expansion centered on California and Arizona while relying on licensed operators in Gulf region.
- FY2025 revenue totaled NOK 2.6 million, with EBITDA at NOK -67.2 million.
- Cash at year-end was NOK 62.5 million with no interest-bearing debt, supported by a NOK 75 million fully subscribed rights issue.
- Operational update highlighted largest deployments to date, including 160+ acres in Southern California date palms, with shift in golf from pilots to multi-year Pay-As-You-Save agreements.
- Outlook flagged 26 pilots expected in first half of 2026, continued investment in production units, with plan to raise about USD 15 million to fund growth strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Desert Control AS published the original content used to generate this news brief on May 13, 2026, and is solely responsible for the information contained therein.
