Press Release

Marine Power Systems on track to build a full scale demonstrator device in Wales

by MPS • August 26, 2020

Following a successful crowdfunding campaign and obtaining funding from WEFO, MPS is set to build their first commercial demonstrator device in Wales. Swansea-based Marine Power Systems (MPS) reached a £1.5m crowdfunding target in just two weeks after launching and then moved into overfunding, now at over £2m. They have also successfully obtained support from WEFO […]

PTO search begins as wave energy developer advances to full scale device

by MPS • August 3, 2020

Swansea-based company is developing a flexible ocean energy extraction technology that can harness wave energy, wind energy and combined wind and wave energy at grid scale. All the machines share a common floating platform technology said to have cost and deployment advantages over other floating platform approaches. The company behind the above-mentioned developments is Marine […]

Successful Fundraising for Welsh Renewable Marine Energy Pioneer

by MPS • July 30, 2020

Swansea-based Marine Power Systems (MPS) has hit a £1.5m crowdfunding target in just two weeks since its launch and is now overfunding. These funds raised will support an initiative to generate clean energy from offshore winds and ocean waves. Marine Power Systems was founded by Swansea University graduates Dr Gareth Stockman and Dr Graham Foster […]

Marine Power Systems awarded £4.3m to accelerate combined wind & wave power technology

by MPS • November 25, 2019

Marine renewables technology developer Marine Power Systems (MPS) has been awarded £4.3 million by the European Regional Development Fund to accelerate the development of a floating offshore wind and wave technology that could transform the opportunities for energy generation in deep water locations. The EDRF funding, which is part of a £6.2million project under the […]

MPS secures £12.8m EU Funds for Wave Power Project

by MPS • September 12, 2019

More than £12m of EU funds will be invested in the next stage of a major initiative to generate clean energy from ocean waves, First Minister Mark Drakeford announced today. The funding will support the next stage of Swansea-based Marine Power Systems’ project to create and launch an underwater device that can provide clean, affordable […]

Marine Power Systems completes testing and sea trials of WaveSub device

by MPS • September 2, 2019

UK marine energy technology development company Marine Power Systems (MPS) has successfully concluded a programme of sea testing for its prototype wave energy generator, WaveSub. Taking place in Cornwall at the marine test site FaBTest over the last 12 months, the test results prove the functionality of the 1:4 scale device across a range of […]

Marine Power Systems expands board with two new appointments

by MPS • August 20, 2019

UK marine technology development company Marine Power Systems (MPS) will today confirm the appointment of two new members to its board; Sue Barr and Tom Kahan. Sue Barr’s extensive experience in offshore wind, wave and tidal industries will be a huge asset to the Swansea based marine tech company as it moves into a new […]

Marine Power Systems expand tech offering to Offshore Wind Sector

by MPS • April 4, 2019

Swansea-based wave energy tech company unveil plan to diversify into booming offshore wind sector. Two new devices seek to provide solutions to energy generation challenges in deep-sea locations. Wave energy technology developer Marine Power Systems (MPS) will today reveal its plans for expansion into the floating offshore wind sector with two devices that offer a […]

WaveSub successfully installed at FaBTest

by MPS • July 2, 2018

Marine Power Systems (MPS) has successfully installed its prototype WaveSub wave energy converter at marine test centre FaBTest, marking the start of a new phase of sea-based testing. The WaveSub will now run through the final stages of on-site commissioning before energy generation tests kicks off later this summer. The arrival of the WaveSub at […]

MPS commissions PowerBuoy ahead of WaveSub installation at FaBTest

by MPS • June 1, 2018

Marine Power Systems (MPS) has successfully completed the assembly and commissioning of its PowerBuoy, a grid simulator device designed to operate alongside its quarter scale prototype WaveSub wave energy converter. The assembly and commissioning of the PowerBuoy, which took place in Falmouth, Cornwall, will enable MPS to move forwards with its testing of the WaveSub […]