Orbital Marine Power aims to harness the energy flowing in tidal streams and rivers through its award-winning tidal turbines. Orbital's O2 turbine is designed to deliver enough power for up to 2,000 homes. The company's vision is to focus on providing turbines and services into a future £20 billion per annum utility-scale global market for clean and predictable power from tidal streams. Orbital is currently providing £15 million of funded design projects to refine its IP protected low carbon tidal technology in readiness to scale up and play its part in meeting the ever-increasing demand for clean power. It will use the investment to grow its business across different verticals.
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Orbital Marine Power Rating Review
Pitch rating powered by CROWDRATING™
Rated on 08/01/2021
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£39,962,723
pre-money valuation
2.44%
equity available
3,031
investors
£856
pledge per investor
07/08/2002
incorporated 22 years
£4.50
share price
Previous Funding rounds
11 Mar 24 | Crowdcube | £2,595,231 / 260% | 81.00% |
News
First milestone passed as Orbital prepares for first dip into US waters - Orbital Marine - Orbital Marine Power
13/03/2024 Orbital Marine Power
Orbital Marine Power's floating tidal energy turbine nears splash in US waters - Offshore Energy
13/03/2024 Offshore Energy
Orbital Marine Power plans 9.6MW multi-turbine tidal array in EU project - Professional Engineering
25/10/2023 Professional Engineering
Orbital Marine Power wins CfDs for 7.2 MW of tidal stream capacity - Renewables Now
08/09/2023 Renewables Now
Orbital Marine Power and Eauclaire Tidal partner to unlock Canadian tidal stream opportunity - Orbital Marine - Orbital Marine Power
05/12/2023 Orbital Marine Power
Orbital Marine Power to head multi-turbine tidal energy project - Offshore Energy
25/10/2023 Offshore Energy
Orbital Marine Power bags two further CfDs in the UK - Power Engineering International
11/09/2023 Power Engineering International
Orbital Marine Power awarded 2 further CfDs as part of UK Government renewable energy auction. - Orbital Marine - Orbital Marine Power
08/09/2023 Orbital Marine Power
Tidal stream energy pioneer Orbital Marine Power to lead the delivery of flagship EU clean energy project - Orbital Marine - Orbital Marine Power
25/10/2023 Orbital Marine Power
Orbital Marine Power gets fully recyclable workboat for offshore operations - Offshore Energy
22/08/2023 Offshore Energy
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