Marine Power Systems
Marine Power Systems50About
What does Marine Power Systems do?
Marine Power Systems (MPS) is a UK-based company that develops innovative floating platform technology for industrial-scale floating offshore wind and wave energy generation. Their PelaFlex platform is designed for deep-water sites where fixed foundations are not viable, aiming to reduce costs and complexity while maximizing energy yields. MPS also develops wave energy converters like PelaGen.
What is Marine Power Systems's valuation?
StartupHub estimates Marine Power Systems's effective valuation at $83.2M (range $58.3M to $108.2M, 33% confidence), based on comparable companies in the sector.
How much funding has Marine Power Systems raised?
Marine Power Systems has raised a total of $4M in funding. The most recent round on record is Equity.
Where is Marine Power Systems headquartered?
Marine Power Systems is headquartered in Swansea, United Kingdom.
When was Marine Power Systems founded?
Marine Power Systems was founded in 2008.
What industry does Marine Power Systems operate in?
Marine Power Systems operates in Floating Offshore Wind Technology, Wave Energy Technology, Renewable Energy, Deep-Water Wind, Energy Production, Climate Tech.
What is Marine Power Systems's current status?
Marine Power Systems's current operating status is: Inactive.
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