Ocean Navitas Ltd (navitas is Latin for ‘energy’) was incorporated in May 2006 by experienced engineers, businessmen and sailing enthusiasts David Hunt and James McCague.
After 18 months of research into the field of renewable energy, instigated by James, it was concluded that energy extraction from waves and swells is the most efficient way of extracting free energy from our planet, and that existing methods of drawing on this source of power were flawed due to their inherent inefficiency.
It was also established that if, in the current political climate, a device were to be created from a commercial viewpoint that overcame existing design flaws, and be of a physical scale that did not require massive investment that this would bring significant commercial opportunities.
To this end, design commenced on the Aegir Dynamo™ and has now been completed, patented, computer modelled and scale prototyped.
Further to this a full scale power take-off system has been built and successfully tested on our own linear wave simulator with outstanding results.
Testing and commercialisation sites have been identified at EMEC (Orkneys), WaveHub (Cornwall) and Galway Bay (Ireland).
Ocean Navitas is currently seeking investment for the construction and sea trial of a full scale prototype. |