Prior to the formation of the company, or the commencement of any design work, detailed study has been carried out into the following fields:

• The possible sources of renewable power generation (wind, tidal, photovoltaic and wave) to identify the efficiency and scope for deployment in each.
• Existing companies whose technology is in the public domain.
• Identification of areas throughout the world with high renewable energy yields.
• UK and international governmental policies with regard to the renewable
  energy market.

Based on this research, engineers James McCague and Simon Condry commenced the computer aided design of a mechanical energy conversion device for waves and swells that would withstand the tough ocean environment that it would inevitably have to endure.

The completed draft design was then subjected to finite element analysis and re-modelled and animated in 3D.

Ocean Navitas Ltd has now successfully manufactured a working bench test model of the Aegir Dynamo to prove the concept, and to confirm the accuracy of the computer models.

Testing of the bench test model has confirmed the expected efficiency and power take-off (twice the efficiency of current well-known devices for similar applications).

Ocean Navitas Ltd is now in a position to seek funding to further the R&D process by creating a prototype Aegir Dynamo for verification at the government backed New and Renewable Energy Centre in Northumberland beginning in January 2007, and to built our own small scale wave flume to ease further development costs.

The results from the verification at NaREC will provide Ocean Navitas with the data to develop a larger 1MwH Aegir Dynamo device for commercial deployment.

It is intended that the 1MwH Aegir Dynamo will initially be installed at EMEC in the Orkneys and be decommissioned after a period of 1 year, during which time invaluable data and finance (from the sale of the generated electricity to the national grid) will be gathered, allowing the construction of an array of 5 devices.

The array of devices are expected to be installed at the WaveHub project in Cornwall in January 2009 for a period of 5 years. The revenue generated by this deployment will grant Ocean Navitas the funding to fully commercialise the proven Aegir Dynamo into suitable locations around the world, or the scope to manufacture and lease the devices to other companies.

In addition to the commercial devices that are to be used to generate sales to the national grid, Ocean Navitas will design and manufacture a smaller ‘turn-key’ shore based Aegir Dynamo for sale to remote coastal regions. Thiis expected to be completed and manufactured by the end of Sept 2007.

The sales of the shore based device will provide some financial stability for Ocean Navitas throughout the ongoing development of the 1MwH devices.