SeaTwirl AB announced on July 5, 2023 that the company has received its first commercial revenues. The purchase order applies to a bid for a new wind turbine application in the North Sea. Earlier this year SeaTwirl announced that they and Kontiki Winds had signed an MoU (Memorandum of Understanding) to identify and explore opportunities to electrify offshore Oil and Gas assets and other offshore applications, using SeaTwirl's floating wind turbines.

Through this collaboration, SeaTwirl has secured a purchase order for developing a proposal including a smaller SeaTwirl wind turbine, specifically intended to electrify asset operations offshore. The model, currently called S1,5, is a smaller capacity turbine but designed to withstand some of the most demanding conditions in the North Sea.