Author Archives: MPS

MPS Presents at Marine Energy Pembrokeshire

Marine Power Systems (MPS), a Swansea-based company that is developing wave energy technology, presented an update of its developments at the 6th Annual Marine Energy Pembrokeshire (MEP) Industry Seminar held on Thursday, March 19. MPS provided the audience an update of its plans to manufacture and deploy its quarter-scale WaveSub Wave Energy Converter this year[…]

MPS Receive the Chamber of Commerce Award for Renewable Energy and Sustainability

Two Swansea-based companies have triumphed at the South Wales Chamber of Commerce’s Welsh Business Awards 2014, an event run in association with the University of South Wales. Marine Power Systems, a wave energy technology development firm based in Swansea, scooped the award for Renewable Energy and Sustainability, sponsored by the Port of Milford Haven. Vale[…]

MPS Commits To Pembrokeshire

Marine Power Systems logo

OIL, gas, wind, solar – and now wave. Milford Haven looks set to expand its energy production credentials again when it becomes the testing site for a groundbreaking wave power device. Swansea-based firm Marine Power Systems (MPS) has picked the waterway to trail a quarter-scale prototype of its WaveSub device, which it hopes could significantly[…]

MPS Complete Investor Update

Marine Power Systems (MPS), a Swansea-based company that is developing technology designed to capture the energy from ocean waves, held an investor presentation last month at which it updated the audience with the development of its technology and importantly remains on schedule and within budget. MPS was co-founded by Swansea University graduates Dr Gareth Stockman[…]

Marine Power Systems Strengthens Its Team

Marine Power Systems (MPS), a Swansea-based company that is developing revolutionary technology designed to capture the energy from ocean waves, has boosted its team by appointing an experienced Project Engineering Manager. Gareth Potter is a professional civil engineer and project manager with extensive experience in the planning, design, and construction of major engineering projects. Before joining MPS,[…]

MPS Protects Revolutionary Tech

SWANSEA-BASED Marine Power Systems (MPS) has expanded its intellectual property (IP) to ensure its cutting edge innovations are protected around the world. MPS was co-founded by Swansea University graduates Dr Gareth Stockman and Dr Graham Foster in 2009. The IP applies to Sea State Tuning, a revolutionary system that ensures that the WaveSub wave energy[…]

Marine Power Systems Raises £1m

The company, co-founded by Swansea University graduates Dr Gareth Stockman and Dr Graham Foster in 2009, will use the funds to design, manufacture and test a purpose-built quarter scale model prototype of the WaveSub, the wave energy converter developed by the company. These trials are scheduled to begin in 2015. On completion of these trials,[…]

Wave of Investment for Marine Power Systems

The company will use the cash to design, manufacture and test a purpose-built quarter scale model prototype of the WaveSub, a wave energy converter. It is hoped trials will begin next year. The private investors, all based in the Swansea area, made the investment under the Enterprise Investment Scheme (EIS). The money from the Welsh[…]