FLOTANT will develop a cost competitive floating offshore wind technology with a levelized cost of energy below 120€/MWh by 2025 and 85-95€/MWh by 2030. This will be achieved through innovative solutions in hybrid plastic/concrete substructures, mooring and anchoring systems, and dynamic cables that can operate in deeper waters from 100-600 meters. The project involves 17 partners from 8 countries and will test components in relevant sea environments to advance key technologies from TRL 3-4 to TRL 4-5. The goals are to optimize performance, reduce costs, and ensure reliable and sustainable power evacuation from floating offshore wind farms in deep waters.