Monthly Archives: October 2015

Making Waves: £2 million EU boost for new wave technology

Finance and Government Business Minister, Jane Hutt, will today (Thursday 22 October) announce £2 million of EU funds to test a pioneering technology that harnesses energy from ocean waves. Led by Swansea-based Marine Power Systems (MPS), the £3 million project, which includes a £900,000 investment from MPS, will manufacture and test a 1:4 scale prototype[…]

WaveSub progress at Haven Waterway Enterprise Zone

Marine Power Systems (MPS), a Swansea-based company that is developing revolutionary technology designed to capture the energy from ocean waves, is continuing with its progress through preparing to test its unique WaveSub device at the Haven Waterway Enterprise Zone in Pembrokeshire, South West Wales. Marine Power Systems was co-founded in 2009 by Dr Gareth Stockman[…]