Orbital Marine Power
Enabling low-cost tidal energy with the most advanced tidal turbine in the world.
Company Details
- Location
- Kirkwall, United Kingdom
- Website
- https://orbitalmarine.com
- Founded
- 2002
- Employees
- 50+
- Funding
- USD $5M+
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About Orbital Marine Power
The problem we're solving:
Tackling climate change, the decrease in air quality and the global transition away from fossil fuels.
Our solution:
Based in Scotland, the company has developed and demonstrated its proprietary floating turbine solution for over 15 years in the harshest of tidal conditions. Orbital’s radical technology unlocks the lowest cost form of tidal energy production with a design that incorporates unparalleled accessibility for through-life maintenance with low cost approaches to manufacturing and construction; engaging established supply chains and existing industries.Our differentiator:
Gathered £8m in funding in 2022, with also investment secured from the Scottish National Investment Bank and via cohort alumni Abundance. This will finance the ongoing operation of the O2, the company’s 2MW+ floating turbine, making it the world’s most powerful tidal turbine.Disclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.