
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.
Orbital Marine Power Rating Review
Rated on 08/01/2021
Pitch rating powered by CROWDRATING™
-
£2,595,231
pledged -
259%
of goal
£1,000,000
target
£39,962,723
pre-money valuation
2.44%
equity available
3,031
investors
£856
pledge per investor
SC235066
company number
Active
company status
07/08/2002
incorporated 19 years
£4.50
share price
Previous Funding rounds
08 Dec 20 | Crowdcube | £2,595,231 / 260% | 81.00% |
Officers
BRODIES SECRETARIAL SERVICES LIMITED
Appointed: 07-09-2017
Dr Sian Lee George
Appointed: 02-02-2016
Matthias Haag
Appointed: 21-09-2018
Matthew Mcgrath
Appointed: 21-09-2018
Andrew Heggie Scott
Appointed: 09-06-2017
Paul Richard Smith
Appointed: 18-02-2019
News
Thanks a million from Orbital Marine Power for crowdfunding help - Energy Voice
09/12/2020 Energy Voice
Ocean Energy - Orbital Marine Power unveils futuristic tidal and river turbine designs in partnership with Designworks - Renewable Energy Magazine
24/11/2020 Renewable Energy Magazine
Tidal energy pioneer Orbital Marine Powers takes second slot at Orkney test centre - Business Insider - Insider.co.uk
31/03/2020 Insider.co.uk
Orbital Marine Power announces new commercial director - The Orcadian
22/04/2020 The Orcadian
Orbital Marine Power teams up with Black & Veatch to enhance its tidal turbine system - Inverness Courier
13/07/2020 Inverness Courier
Ocean Energy - Orbital Marine Power teams up with Black & Veatch for tidal turbine optimisation - Renewable Energy Magazine
08/07/2020 Renewable Energy Magazine
Orbital Marine Power awards tidal blades contract - reNEWS
28/11/2019 reNEWS
Orbital Marine Power crowdfunding raises £7m - Business Insider - Insider.co.uk
10/01/2019 Insider.co.uk
Orbital Marine Power in deal to demo tech at Morlais Tidal Energy Project - Business Insider - Insider.co.uk
03/12/2018 Insider.co.uk
Abundance closes record £7m investment for Orbital Marine Power project - www.businessgreen.com
11/01/2019 www.businessgreen.com
Valuations in Environmental and Ethical
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