Marine Power Systems are raising investment on Crowdcube to target a market they estimate will be worth £114bn by 2035. The funds they raise will support the expanding team, grow the customer pipeline, and support the roll out of further pre-commercial projects.
Marine Power Systems have been revenue generating since 2022 and they have been commissioned by three major energy developers, with further in the pipeline, to develop plans for the deployment of their PelaFlex technology. They have developed global commercial partnerships in Europe, US and Asia to deliver their technology in industrial scale wind farms.
Their award-winning IP includes a portfolio of 16 patent families, covering every aspect of their floating platform technology, and they have secured over £16m of EU and UK Government funding to support their business objectives.
Their unique and flexible floating platform technology, PelaFlex, supports the rapid deployment of industrial scale floating offshore wind whilst maximising local content delivery through existing supply chain.
High system stability, low overall mass and zero tilt maximises energy yields, allows for simple installation using standard vessels and increased operation and maintenance weather windows. Multiple launch options support a distributed port model for faster deployment and reduces the need for specific port requirements.
You can find out more here – https://www.marinepowersystems.co.uk/invest-with-crowdcube/
You can invest through Crowdcube here – https://bit.ly/3qi1VpJ