Details

Last Funding Type

Grant

Last Funding Money Raised

€200K

Industries

Consumer Electronics,Electronics,Energy,Information Technology,Renewable Energy

Founded date

Jan 1, 2012

Number Of Employee

1 - 10

Operating Status

Active

Ocean Energy, which is the trading name of New Wave Technologies Limited, is a specialised commercial company developing wave energy technology. The company is developing technology which has been extensively tested and is now at a stage where it is now one of the most commercially viable technologies for harnessing the power of the oceans. The device, through careful development, has the advantages of a robust and practical design, one moving part and proven survivability having withstood over 3 years of live sea trials in Atlantic waves. To date no other Wave Energy systems can claim success in these areas to a similar or greater extent.